Economics, Econometrics and Finance
8 years ago

Single European Central Bank Shapes Economic Union Without Fiscal Counterpart

Palgrave Macmillan UK eBooks
The Economic Rationale of the EMU and the Euro
Claudio Sardoni

Paper Summary

Related papers

Theme background image
Social Sciences
3 years ago

European Union faces uncertain future with Economic and Monetary Union

Judicial Review
Financial Governance
1 view
Economics, Econometrics and Finance
8 years ago

Single European Central Bank Shapes Economic Union Without Fiscal Counterpart

International Finance
Eurozone Crisis
1 view
Economics, Econometrics and Finance
8 years ago

Germany's Dominance in Eurozone: Impact on Economic Stability and Growth.

Eurozone Crisis
1 view

The article discusses why the European Monetary Union (EMU) and the euro were created in their current form, with a single independent central bank but no fiscal counterpart. The authors explore the historical background of European economic cooperation and integration, along with economic theories that influenced the EMU's development. The main goal is to explain the unique structure of the EMU and the euro, highlighting the factors that shaped their design.