Eurozone between optimality, viability and perennity
DOI:
https://doi.org/10.18559/rielf.2017.1.7Keywords:
European Central Bank, economic and monetary union, euro area, optimum currency areaAbstract
The Euro area cannot certainly be considered as an optimum currency area but is this determinant to propose to bring it to an end and to come-back to national currencies ? Th e euro area showed that it could be considered as a viable monetary area as it exists since more than 15 years. Th e aim of this article is to know if it could be perennial and to do so on which bases its functionning could be enhanced.
Downloads
References
2017–2027 Europe : sortir de l’ambigüité constructive ?, France-Stratégie, Paris, mai 2016 Alves, R.H., Barbosa, J.R., 2011, The Euro area ten years after its creation : (Divergent) Competitiveness and the optimum currency area theory, Panoeconomicus.
View in Google Scholar
Bourrinet, J., Vigneron, Ph., 2010, Les paradoxes de la zone euro, Bruylant, Bruxelles.
View in Google Scholar
Implementation of the Lisbon Treaty-Improving functionning of the EU : Economic and Mone- tary Policy, Parlement européen, Commission des affaires institutionnelles, juin 2016.
View in Google Scholar
Kenen, P.B., 1969, The Optimum Currency Area : An Eclectic View, dans Mundell et Swoboda : Monetary Problems of the International Economy, Chicago, University of Chicago Press.
View in Google Scholar
L’euro et la croissance après le Brexit, 2016, Notre Europe/Institut Jacques Delors/Bertelsman Stiftung, septembre.
View in Google Scholar
Louis, J.V., 2009, L’Union européenne et sa monnaie, Institut d’Etudes européennes, Editions de l’Université libre de Bruxelles, Commentaire Mégret, Bruxelles.
View in Google Scholar
McKinnon, R.I., 1963, Optimum Currency Areas, American Economic Review, vol. 52. Mundell, R.A., 1961, A Theory of Optimum Currency Areas, American Economic Review, vol. 51.
View in Google Scholar
Quelle union budgétaire pour la zone euro ?, 2016, Conseil d’analyse économique, Paris, février.
View in Google Scholar
Stiglitz, J., 2016, L’euro : comment la monnaie unique menace l’avenir de l’Europe, Les liens qui libèrent, Paris.
View in Google Scholar
Downloads
Published
Issue
Section
License
Copyright (c) 2017 Poznań University of Economics and Business
This work is licensed under a Creative Commons Attribution 4.0 International License.
