IDEAS home Printed from
MyIDEAS: Login to save this book chapter or follow this series

Europe's regions within the currency Union: Risks and opportunities

In: Spatial implications of the European Monetary Union

  • Robins, Ian
Registered author(s):

    In this paper the differences that the single currency might make to the regions of countries within the euro-zone are considered. It is still too early for much evidence to be available about the effects of EMU. Therefore the discussion is concerned mainly with what theoretical considerations would lead us to expect. Some empirical observations illustrate the expectations. Chief drawbacks of the euro are seen in the possible inappropriateness of interest rates, the absence of fiscal and related adjustment measures, the relative immobility of labour and the restrictions on national governments with relation to regional policies. Principal advantages lie in the stimulus that the drawbacks give to rethinking regional policy and fostering patterns of industrial diversity in which more flexible labour markets are encouraged.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    in new window

    This chapter was published in:
  • Akademie für Raumforschung und Landesplanung, Hannover (ed.), 2004. "Spatial implications of the European Monetary Union," Studies in Spatial Development, Akademie für Raumforschung und Landesplanung (ARL) - Leibniz-Forum für Raumwissenschaften, volume 6, number 6, March.
  • This item is provided by Akademie für Raumforschung und Landesplanung (ARL) - Leibniz-Forum für Raumwissenschaften in its series Studies in Spatial Development: Chapters with number 59983.
    Handle: RePEc:zbw:arlssc:59983
    Contact details of provider: Postal: Hohenzollernstr. 11, 30161 Hannover
    Phone: 0511/34842-13
    Fax: 0511/34842-41
    Web page:

    More information through EDIRC

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Christiane Krieger-Boden, 2000. "Globalization, Integration and Regional Specialization," Kiel Working Papers 1009, Kiel Institute for the World Economy.
    2. Ron Martin, 2000. "Emu Versus The Regions? Regional Convergence And Divergence In Euroland," ESRC Centre for Business Research - Working Papers wp179, ESRC Centre for Business Research.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:zbw:arlssc:59983. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics)

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.