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The Economic and Monetary Union: Past, Present and Future

Author

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  • Marek Dabrowski

Abstract

Twenty years of euro history confirms the euro’s stability and position as the second global currency. It also enjoys the support of majority of the euro area population and is seen as a good thing for the European Union. The European Central Bank has been successful in keeping inflation at a low level. However, the European debt and financial crisis in the 2010s created a need for deep institutional reform and this task remains unfinished.

Suggested Citation

  • Marek Dabrowski, 2019. "The Economic and Monetary Union: Past, Present and Future," CASE Reports 0497, CASE-Center for Social and Economic Research.
    • Handle: RePEc:sec:report:0497
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    File URL: https://case-research.eu/files/?id_plik=5847
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    Citations

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    Cited by:

    1. Younes Gholizadeh, 2020. "Causality Relationship between Energy Consumption and Economic Growth in the European Union Countries," EERI Research Paper Series EERI RP 2020/12, Economics and Econometrics Research Institute (EERI), Brussels.
    2. Augusto Cerqua & Roberta Di Stefano & Guido Pellegrini, 2023. "What kind of region reaps the benefits of a currency union?," Journal of Regional Science, Wiley Blackwell, vol. 63(3), pages 552-582, June.

    More about this item

    Keywords

    European Union; Economic and Monetary Union; common currency area; monetary policy; fiscal policy;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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