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Economic and Monetary Integration in Europe: Evidence on Fiscal and Current Account Effects

In: European Socio-Economic Integration

Author

Listed:
  • Georgios Karras

    (University of Illinois)

Abstract

Both the economic and monetary aspects of European integration have always been understood to have benefits, as well as costs, for the countries involved. The advantages of freer trade, particularly within Europe, are generally acknowledged to generate benefits that vastly exceed any costs, so the project of European economic integration has almost always been viewed as greatly beneficial, as evidenced by the large number of countries which have wished to be considered as applicants over the years.

Suggested Citation

  • Georgios Karras, 2013. "Economic and Monetary Integration in Europe: Evidence on Fiscal and Current Account Effects," Innovation, Technology, and Knowledge Management, in: Elias G. Carayannis & George M. Korres (ed.), European Socio-Economic Integration, edition 127, chapter 0, pages 27-41, Springer.
  • Handle: RePEc:spr:innchp:978-1-4614-5254-6_2
    DOI: 10.1007/978-1-4614-5254-6_2
    as

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