IDEAS home Printed from https://ideas.repec.org/a/spr/weltar/v155y2019i1d10.1007_s10290-018-0335-3.html
   My bibliography  Save this article

The Euro after 20 Years is a historic success

Author

Listed:
  • Jean-Claude Trichet

    (European Central Bank)

Abstract

Contrary to many negative predictions, the euro, as a currency, is a remarkable success in terms of credibility and stability. The euro, as a currency, and the euro area, as a single market with a single currency, proved a remarkable resilience in the worst global financial crisis since World War II. The euro area was quick, imaginative and flexible to learn lessons from the global financial crisis. The euro and the euro area were and are benefiting from a large popular support, which explains largely their resilience in the crisis. The euro area is a success in terms of real growth measured during the period starting from its inception until today.

Suggested Citation

  • Jean-Claude Trichet, 2019. "The Euro after 20 Years is a historic success," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(1), pages 5-14, February.
    • Handle: RePEc:spr:weltar:v:155:y:2019:i:1:d:10.1007_s10290-018-0335-3
    DOI: 10.1007/s10290-018-0335-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10290-018-0335-3
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10290-018-0335-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xu, Xiaoyan & Chung, Sai-Ho & Lo, Chris K.Y. & Yeung, Andy C.L., 2022. "Sustainable supply chain management with NGOs, NPOs, and charity organizations: A systematic review and research agenda," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    2. Anselm Eicke, Tarun Khanna, and Lion Hirth, 2020. "Locational Investment Signals: How to Steer the Siting of New Generation Capacity in Power Systems?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 6), pages 281-304.
    3. Sæbø, Gunnar & Lund, Pia Blindheim, 2019. "Children’s right to smoke-free air: Public support in Norway for banning smoking in vehicles with children present," Health Policy, Elsevier, vol. 123(5), pages 492-498.
    4. Luigi Wewege & Jeo Lee & Michael C. Thomsett, 2020. "Disruptions and Digital Banking Trends," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 10(6), pages 1-2.
    5. Feng, Yunting & Tong, Xun & Zhu, Qinghua, 2020. "The market value of sustainable practices in the luxury industry: An identity mismatch and institutional theoretical perspective," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 137(C).
    6. Laura Alfaro & Paul R. Bergin, 2019. "Introduction to: the euro at twenty," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(1), pages 1-3, February.

    More about this item

    Keywords

    Euro; Euro area; Historic success; Credibility; Resilience; Popular support;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:weltar:v:155:y:2019:i:1:d:10.1007_s10290-018-0335-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.