Economic And Monetary Union: Evolutions And Perspectives
AbstractAbstract:No matter the number of actual and future members, the final objective of the economic and monetary union is represented through a superior level of integration, but also by the superior economic performances. The integration cannot be automatic and cannot take place without a strategy that should take into account the precarious asymmetries and balances. The openness towards a worldwide economic space (…) does not provide the economic development, ipso facto. Integration cannot be substituted with a strategy of economic development. The process of integration aims at the acceleration of the economic development and the achievement of some superior indicators for global prosperity and security of the Member States. At the same time the economic integration through the compromises and the risks involves, forces the national states to improve the economic policies and to realize some important transformations in their structures.
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.
Volume (Year): 1 (2009)
Issue (Month): 37 (May)
monetary; union; integration;
Find related papers by JEL classification:
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