EURO – EUROPEAN AND WORLD MONEY FOR 21ST CENTURY Cover Image

ЕВРО - ЕВРОПСКИ И СВЈЕТСКИ НОВАЦ XXI ВИЈЕКА
EURO – EUROPEAN AND WORLD MONEY FOR 21ST CENTURY

Author(s): Nikola Špirić
Subject(s): Supranational / Global Economy, Economic policy, EU-Accession / EU-DEvelopment, Financial Markets, Public Finances, Fiscal Politics / Budgeting, Socio-Economic Research
Published by: Економски факултет Универзитета у Бањој Луци
Keywords: Currency; healthy money; rate of exchange; European currency system; screenplay of introduction of euro;

Summary/Abstract: The formation of European Monetary System and intoduction of euro as a common European currency have the main and even crucial role in establisching the steady integration structure of European Union. The aims of EMS and its surrency, euro, are to provide stability in Europe with low rate of inflation, to improve economic cooperation among its members and to keep down the negative effects of foreing economic-political shocks, due to frequent and excessive fluctuation of American dollar. Bringing euro into the world scene has not economic but political dimension as well. The success of euro will determine the future of Europe in the world economic and political relations during the XXI century. Euro leads European Union in the world scene and in the best way shows that EU connot play the role of a „economic giant” and a „political dwarf” at the same time. (Helmut Schmit, the former German Chancellor).

  • Issue Year: 4/2006
  • Issue No: 4
  • Page Range: 203-219
  • Page Count: 17
  • Language: Bosnian, Croatian, Serbian