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Place of the Euro and the European Monetary System on the International Scene

Author

Listed:
  • Mihaela Albici

    (Constantin Brancoveanu University)

  • Delia Teselios

    (Constantin Brancoveanu University)

Abstract

All national authorities always world economic powers battled for holding world supremacy in the markets. Main tool which focuses all their attention is the currency, whether national or regional basis. It wants such as this to be one international currency given the advantages arising from this Statute. In this battle at present two major actors are involved, namely the US dollar and euro. The present work is intended as a brief overview of this struggle to highlight the role of the euro on the international scene.

Suggested Citation

  • Mihaela Albici & Delia Teselios, 2011. "Place of the Euro and the European Monetary System on the International Scene," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 1(1), pages 56-62, November.
    • Handle: RePEc:hur:ijaraf:v:1:y:2011:i:1:p:56-62
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    References listed on IDEAS

    as
    1. Hartmann, Philipp & Issing, Otmar, 2002. "The international role of the euro," Journal of Policy Modeling, Elsevier, vol. 24(4), pages 315-345, July.
    2. Eijffinger, Sylvester & Haan, Jakob de, 2000. "European Monetary and Fiscal Policy," OUP Catalogue, Oxford University Press, number 9780198776161.
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    More about this item

    Keywords

    International currency; euro; international role; American dollar;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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