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Economic Growth and Monetary Union

Author

Listed:
  • Vickers, J.

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.

Suggested Citation

  • Vickers, J., 2000. "Economic Growth and Monetary Union," Papers 10, Warwick - Development Economics Research Centre.
  • Handle: RePEc:fth:warwde:10
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    Cited by:

    1. Ioannatos, Petros E., 2021. "Systematic growth asymmetry in the Eurozone? Evidence from a natural experiment," The Journal of Economic Asymmetries, Elsevier, vol. 24(C).

    More about this item

    Keywords

    ECONOMIC GROWTH ; MONETARY UNION;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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