EMU – “Optimum” or “Viable” Currency Area?
DOI:
https://doi.org/10.29358/sceco.v0i16-17.70Keywords:
European Monetary Union (EMU), Optimum Currency Area (OCA), euro zone, asymmetric shocksAbstract
Although the increasing heterogeneity as an effect of European Union enlargement, referring especially to the last two waves, is perceived as a single internal market and also euro single currency risk, European Monetary Union represents an important step towards deepening economic integration. Controversy on the Optimum Currency Area issue has created difficulties in empirical research effort to find appropriate responses to the EMU dilemma: is Euro zone an „optimum” or rather “viable” currency area?Downloads
Download data is not yet available.
Downloads
Published
07.12.2012
Issue
Section
Articles
License
Authors who publish with this journal agree to the following terms:- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
How to Cite
Bucur, A. (2012). EMU – “Optimum” or “Viable” Currency Area?. Studies and Scientific Researches. Economics Edition, 16-17. https://doi.org/10.29358/sceco.v0i16-17.70