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Economic Growth and Monetary Union

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Author Info
Vickers, J.

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Abstract

This paper discusses possible links between monetary arrangements -in particular monetary union- and economic growth. It is stressed that growth depends ultimately on how the real economy works: there is no monetary magic that can conjure up growth. But monetary policy can contribute to conditions for sustainable growth by securing and maintaining price stability; monetary union might extend this.

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Publisher Info
Paper provided by Warwick - Development Economics Research Centre in its series Papers with number 10.

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Length: 23 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:warwde:10

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Postal: University of Warwick, Development Economics Research Center, Coventry CV4 7AL, United Kingdom.
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www.warwick.ac.uk/fac/soc/Economics/
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Related research
Keywords: ECONOMIC GROWTH ; MONETARY UNION;

Find related papers by JEL classification:
F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

Cited by:
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  1. Charles Wyplosz, 2000. "Economic growth and the labor markets: Europe's challenge," Research series 200005-4, National Bank of Belgium. [Downloadable!]
Statistics
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This page was last updated on 2009-11-20.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.