The Eastern Enlargement of the Currency Union is popular PDF and ePub book, written by Michaela Bruckner in 2009-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Eastern Enlargement of the Currency Union can be Read Online from any device for your convenience.
The Eastern Enlargement of the Currency Union Book PDF Summary
Seminar paper from the year 2007 in the subject Business economics - Economic Policy, grade: 2,0, University of Hohenheim (Lehrstuhl für Außenwirtschaft), course: International Institutions, 20 entries in the bibliography, language: English, abstract: The eurozone member countries have agreed to permanently abandon economic policy instruments such as monetary and exchange rate policies and to accept the European Central Bank (ECB) as the decision making body to determine the common monetary policy, notably the interest rates and the money supply. It goes without saying that such an institution is not able to fine-tune its decisions in order to meet particular economic challenges in certain member countries. In this respect, the eastward enlargement of the European Monetary Union (EMU) will bring major challenges to the ECB, as varying inflation rates in different member countries and the determination of a single interest rate may have disruptive consequences. From the viewpoint of the eastward enlargement of the eurozone the paper illustrates the various challenges the ECB inevitably has to face. Further, it describes the reform of the ECB Governing Council. An important question concerning the ECB is the following: Is there a danger for the single European monetary policy from letting Central and Eastern European Countries (CEEC) join the eurozone or from letting them join the eurozone too early?
Detail Book of The Eastern Enlargement of the Currency Union PDF
- Author : Michaela Bruckner
- Release : 01 June 2009
- Publisher : GRIN Verlag
- ISBN : 9783640344093
- Genre : Business & Economics
- Total Page : 25 pages
- Language : English
- PDF File Size : 10,5 Mb
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