Matches in SemOpenAlex for { <https://semopenalex.org/work/W2186186176> ?p ?o ?g. }
Showing items 1 to 94 of
94
with 100 items per page.
- W2186186176 abstract "The purpose of this paper is to explore the extent to which the institutional framework of the EMU is able to facilitate endurance for responding to potential economic shocks and future challenges of the EU. We discuss factors of macroeconomic stability and financial sustainability in the Euro region and evaluate the monetary and fiscal policies of the EU in regards to the effectiveness of the institutional framework for being able to facilitate endurance and respond to potential economic shocks and macroeconomic challenges within the growing interdependence of the Euro region. The findings of the study reveal that the EMU has the glue that is necessary for the success of a monetary union. It has the political will and vision that often proved to be the crucial sustaining factor in history for the success of monetary unions. The rules of the Maastricht Conversion Criteria and the Stability and Growth Pact (SGP) aim to protect against inflation, also likely to prevent inflationary bailouts and excessive deficits by focusing on price stability as a primary objective of macroeconomic policy. However, the study also reveals that to maintain fiscal sustainability and macroeconomic stability, the EMU needs a system of credible coordination of monetary and fiscal policies that allow for economic goals other than price stability. This is a necessary condition for success because any type of monetary union will sooner or later run into hard times that will test the endurance of the union. The extent to which the EU policies allow for structural reforms of labor, capital, and product markets, will mark the level of responsiveness of the system for handling potential economic disturbances and asymmetric shocks in the region." @default.
- W2186186176 created "2016-06-24" @default.
- W2186186176 creator A5024708382 @default.
- W2186186176 creator A5036767735 @default.
- W2186186176 date "2003-01-01" @default.
- W2186186176 modified "2023-09-27" @default.
- W2186186176 title "EUROPEAN INTEGRATION AND THE EURO: FISCAL SUSTAINABILITY AND MACROECONOMIC STABILITY" @default.
- W2186186176 cites W1517056556 @default.
- W2186186176 cites W1519776356 @default.
- W2186186176 cites W1573227154 @default.
- W2186186176 cites W2014890524 @default.
- W2186186176 cites W2158360805 @default.
- W2186186176 cites W2501142262 @default.
- W2186186176 cites W3124178534 @default.
- W2186186176 hasPublicationYear "2003" @default.
- W2186186176 type Work @default.
- W2186186176 sameAs 2186186176 @default.
- W2186186176 citedByCount "0" @default.
- W2186186176 crossrefType "journal-article" @default.
- W2186186176 hasAuthorship W2186186176A5024708382 @default.
- W2186186176 hasAuthorship W2186186176A5036767735 @default.
- W2186186176 hasConcept C105639569 @default.
- W2186186176 hasConcept C114708693 @default.
- W2186186176 hasConcept C121332964 @default.
- W2186186176 hasConcept C126285488 @default.
- W2186186176 hasConcept C139719470 @default.
- W2186186176 hasConcept C162324750 @default.
- W2186186176 hasConcept C18547055 @default.
- W2186186176 hasConcept C185824701 @default.
- W2186186176 hasConcept C188466206 @default.
- W2186186176 hasConcept C18903297 @default.
- W2186186176 hasConcept C190974861 @default.
- W2186186176 hasConcept C200941418 @default.
- W2186186176 hasConcept C2776109892 @default.
- W2186186176 hasConcept C2776774651 @default.
- W2186186176 hasConcept C2777553417 @default.
- W2186186176 hasConcept C2777711530 @default.
- W2186186176 hasConcept C2910001868 @default.
- W2186186176 hasConcept C3019422483 @default.
- W2186186176 hasConcept C33332235 @default.
- W2186186176 hasConcept C524878704 @default.
- W2186186176 hasConcept C556758197 @default.
- W2186186176 hasConcept C66204764 @default.
- W2186186176 hasConcept C86803240 @default.
- W2186186176 hasConceptScore W2186186176C105639569 @default.
- W2186186176 hasConceptScore W2186186176C114708693 @default.
- W2186186176 hasConceptScore W2186186176C121332964 @default.
- W2186186176 hasConceptScore W2186186176C126285488 @default.
- W2186186176 hasConceptScore W2186186176C139719470 @default.
- W2186186176 hasConceptScore W2186186176C162324750 @default.
- W2186186176 hasConceptScore W2186186176C18547055 @default.
- W2186186176 hasConceptScore W2186186176C185824701 @default.
- W2186186176 hasConceptScore W2186186176C188466206 @default.
- W2186186176 hasConceptScore W2186186176C18903297 @default.
- W2186186176 hasConceptScore W2186186176C190974861 @default.
- W2186186176 hasConceptScore W2186186176C200941418 @default.
- W2186186176 hasConceptScore W2186186176C2776109892 @default.
- W2186186176 hasConceptScore W2186186176C2776774651 @default.
- W2186186176 hasConceptScore W2186186176C2777553417 @default.
- W2186186176 hasConceptScore W2186186176C2777711530 @default.
- W2186186176 hasConceptScore W2186186176C2910001868 @default.
- W2186186176 hasConceptScore W2186186176C3019422483 @default.
- W2186186176 hasConceptScore W2186186176C33332235 @default.
- W2186186176 hasConceptScore W2186186176C524878704 @default.
- W2186186176 hasConceptScore W2186186176C556758197 @default.
- W2186186176 hasConceptScore W2186186176C66204764 @default.
- W2186186176 hasConceptScore W2186186176C86803240 @default.
- W2186186176 hasLocation W21861861761 @default.
- W2186186176 hasOpenAccess W2186186176 @default.
- W2186186176 hasPrimaryLocation W21861861761 @default.
- W2186186176 hasRelatedWork W115258781 @default.
- W2186186176 hasRelatedWork W1498619153 @default.
- W2186186176 hasRelatedWork W1529116746 @default.
- W2186186176 hasRelatedWork W1530237655 @default.
- W2186186176 hasRelatedWork W1536983137 @default.
- W2186186176 hasRelatedWork W1543611632 @default.
- W2186186176 hasRelatedWork W2032525472 @default.
- W2186186176 hasRelatedWork W2058964626 @default.
- W2186186176 hasRelatedWork W2286337429 @default.
- W2186186176 hasRelatedWork W2483307838 @default.
- W2186186176 hasRelatedWork W2506347143 @default.
- W2186186176 hasRelatedWork W2510580055 @default.
- W2186186176 hasRelatedWork W2564147383 @default.
- W2186186176 hasRelatedWork W2802335311 @default.
- W2186186176 hasRelatedWork W3124215766 @default.
- W2186186176 hasRelatedWork W3124812682 @default.
- W2186186176 hasRelatedWork W3125857928 @default.
- W2186186176 hasRelatedWork W3152730210 @default.
- W2186186176 hasRelatedWork W2186662041 @default.
- W2186186176 hasRelatedWork W3123941729 @default.
- W2186186176 isParatext "false" @default.
- W2186186176 isRetracted "false" @default.
- W2186186176 magId "2186186176" @default.
- W2186186176 workType "article" @default.