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Economic Institutions And The Euro

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  • Alojzy Nowak
  • Yochanan Shachmurove

Abstract

This paper describes and analyzes the impacts of economic institutions on the Euro. It analyzes the impact of economic institutions for countries joining the European Union. In order to depict and explain Europe's role in the world economy, this study provides a detailed analysis of the Eurozone trade with the world. The study offers potential solutions to the Financial Crisis of the European Union and details their advantages and disadvantages, with an emphasis on the role and importance of economic institutions.

Suggested Citation

  • Alojzy Nowak & Yochanan Shachmurove, 2012. "Economic Institutions And The Euro," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(2), pages 7-23.
    • Handle: RePEc:mje:mjejnl:v:8:y:2012:i:2:p:7-23
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    References listed on IDEAS

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    1. Kenen,Peter B., 1995. "Economic and Monetary Union in Europe," Cambridge Books, Cambridge University Press, number 9780521558839.
    2. De Grauwe, Paul, 2016. "Economics of Monetary Union," OUP Catalogue, Oxford University Press, edition 11, number 9780198739876.
    3. Mongelli, Francesco Paolo & De Grauwe, Paul, 2005. "Endogeneities of optimum currency areas: what brings countries sharing a single currency closer together?," Working Paper Series 468, European Central Bank.
    4. Mark Weisbrot & Juan Antonio Montecino, 2012. "More Pain, No Gain for Greece: Is the Euro Worth the Costs of Pro-Cyclical Fiscal Policy and Internal Devaluation?," CEPR Reports and Issue Briefs 2012-07, Center for Economic and Policy Research (CEPR).
    5. ,, 2009. "Economics of Monetary Union," OUP Catalogue, Oxford University Press, edition 8, number 9780199563234.
    6. Maurice Obstfeld, 1997. "Europe's Gamble," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 28(2), pages 241-317.
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    Cited by:

    1. Andreas Georgiou, 2018. "A new statistical system for the European Union," Essays and Lectures 28661, Bruegel.

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