Perspectives of the Monetary Development of EU Cover Image

Perspectives of the Monetary Development of EU
Perspectives of the Monetary Development of EU

Author(s): Miroslav Sponer
Subject(s): Economic policy, EU-Accession / EU-DEvelopment
Published by: Masarykova univerzita
Keywords: Monetary integration; Convergence; Divergence; Economic and Monetary Union (EMU); Monetary policy;
Summary/Abstract: The article analyses the consequences of the monetary integration project especially from the perspectives of convergence and divergence within the EMU countries. The development background in EMU, present arrangements of the ECB and governments of EU countries are assessed. The main aims of this article are to estimate the possible monetary development in the future and to propose arrangements in the area of monetary policy and other EU policies.