Procesul de adoptare a euro - efecte macroeconomice pentru statele membre
THE EURO ADDOPTION PROCESS – MACROECONOMIC EFFECTS FOR MEMBER STATES
Author(s): Ion Roşu-HamzescuSubject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: Euro; EU; macroeconomic effects
Summary/Abstract: In January 2004 eleven members of the European Union (EU) took a new step toward the creation of a single European market. They launched the European Monetary Union and implemented a new cross-border currency, the euro.This event was unprecedented in monetary history. This article deals with the macro-economic effects of euro implementation. First, it considers the trade-creating and trade-destroying effects within the new currency area as well as for non-EMU countries. It then examines the internal economic implications for countries both within and outside of the new euro-currency zone
Journal: Analele Universităţii din Craiova - Seria Ştiinţe Economice
- Issue Year: XXXVI/2008
- Issue No: 2
- Page Count: 4
- Language: English