Economics, Econometrics and Finance
8 years ago

European Monetary Union Faces Uncertain Future Due to Policy Misalignment.

1 view
The Economic Policies and the Future of the European Monetary Union (EMU)
Zeng Mao

Paper Summary

The Euro Areas' monetary policy doesn't align well with member countries' fiscal policies, violating EMU treaties and hindering the region from meeting optimal currency area standards. The future of the EMU looks uncertain due to these challenges.

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