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current monetary unions, especially the euro. Each successive annual edition of this book will be priced in the remaining …
Persistent link: https://www.econbiz.de/10005621973
economies. Indeed, in the Euro-area, what started as a financial crisis escalated to a twin crisis after being doubled by the … strategies at the Euro-area level, the vicious circle between banks and European nation-states, the threats for the … union for the Euro-area member states. The structure of the banking union, the various aspects of its operation, and its …
Persistent link: https://www.econbiz.de/10011186604
the euro which has shown the weaknesses of the European institutions and stressed the heterogeneity of member countries …. The global financial crisis struck the euro area very severely because it coincided with the lack of appropriate policy … euro. In the following section it describes the euro crisis and examines the remedies put in place, noting that despite the …
Persistent link: https://www.econbiz.de/10011258694
symbols – such as the EURO currency – represents both the integration into a strong and efficient economic system, but also … elements concerning Romania’s accession to the EMU and finally the EURO adoption: Romania’s actual macroeconomic situation, the … optimum sequencing of the Euro adoption and the envisaged official calendar for the EURO adoption. …
Persistent link: https://www.econbiz.de/10005623243
French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …
Persistent link: https://www.econbiz.de/10005260329
projection of what has been learned from current monetary unions, especially the euro. Each successive annual edition of this …
Persistent link: https://www.econbiz.de/10005787163
learned from current monetary unions, especially the euro. Each successive annual edition of this book will be priced in the …
Persistent link: https://www.econbiz.de/10005835646
As the economies of Asian have moved towards closer economic ties in recent years, the establishment of regional exchange rate arrangement has become an important regional policy concern. A study by the Asian Development Bank forecast that Asian will be the world's largest economy by 2050....
Persistent link: https://www.econbiz.de/10011108662
The aim of this paper is to examine whether or not financial liberalization has triggered banking crises in developing countries. We focus in particular on the role of capital inflows as their volatilities threat economic stability. In the empirical model, based on Panel Logit estimation, we use...
Persistent link: https://www.econbiz.de/10011109586
to the Euro by focusing on aggregate demand (AD) and aggregate supply (AS) shock symmetry across these countries. We … currency than the Euro, since US monetary policy can at least help smooth demand shocks in these countries. …
Persistent link: https://www.econbiz.de/10011111625