The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
How to Reform the Incomplete EMU?: Present Outlook and Challenges for the Future
Abstract
The chapter examines how it is possible to design a mechanism to relieve the well-known problems of the incomplete Economic and Monetary Union (EMU) and thus reduce its costs. A monetary union can be very fragile and governments of member countries face serious adjustment problems, especially when hit by large, permanent asymetric shocks This leaves the EU with the problem of unsustained debts and fiscal unsustainability. This chapter explores the possibility the EU becomes a fiscal union i.e. “full/complete monetary union” by focusing on the EMU agenda of the EU and evaluating future challenges. In light of findings, some policy implications are drawn.
Related Content
|
V. V. Devi Prasad Kotni, Sujit Kumar Patra, Sunil Kumar.
© 2024.
21 pages.
|
|
Adekunle Alexander Balogun, Gbenga Olorunmade.
© 2024.
15 pages.
|
|
Ashwani Sharma, Nitpal Singh Rathod.
© 2024.
15 pages.
|
|
Peterson K. Ozili.
© 2024.
11 pages.
|
|
Yusuf Olatunji Oyedeko, Adesola Trust Gbadebo.
© 2024.
15 pages.
|
|
Oladapo Fepetu, Pelumi Abdulmalik Adewumi.
© 2024.
21 pages.
|
|
Rifkatu Nghargbu.
© 2024.
16 pages.
|
|
|