sesetoto sesetoto sesetoto sesetoto jaditoto sontogel sontogel jaditoto sesetoto sesetoto ltdtoto https://www.slot88resmitoto.com/ akuntoto akuntoto akuntoto akuntoto akuntoto akuntoto akuntoto akuntoto jaditoto ltdtoto
slot gacor slot gacor slot gacor sesetoto ketuatoto rajajudi88 slot777 ketuatoto ketuatoto ketuatoto ketuatoto sontogel slot gacor mahjong bobatoto slot gacor slot gacor emon77 bobatoto bobatoto bobatoto bobatoto emon77 akuntoto toto slot bobatoto toto toto mahjong mahjong ltdtoto ltdtoto mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong mahjong slot gacor
kientoto kientoto kientoto bobatoto toto slot togel online TOTO JP kientoto slot slot SLOT THAILAND slot88 SLOT777 SLOT777 slot AKUNBOS slot88 kientoto kientoto kientoto kientoto kientoto kientoto kadin jakarta barat slot gacor logototo logototo logototo logototo logototo logototo logototo logototo logototo
logo

Articles

Vol. 6 No. 1 (2018)

The Institutional Architecture of the Eurozone and the Dynamics of EU Transformations

DOI:
https://doi.org/10.18559/SOEP.2018.1.2
Submitted
31 January 2018
Published
31-01-2018

Abstract

The article attempts to show the functioning and the challenges to the stability of the Eurozone in the light of a hypothesis linking monetary systems with the political system of a unitary state. The theoretical reasons and historical circumstances behind the introduction of the euro are discussed the economic results of its first 10 years of the existence and differentiated consequences of the global financial crisis to the countries of the Eurozone are shown. Next, proposals for the reforms of the institutional architecture of the Eurozone which are supposed to improve its stability and efficiency are examined. In conclusion, the paradoxical properties of the political instrumentality of having a single currency as a means to increase solidarity and prosperity of European nations are pointed out.

References

  1. Andor, L. i Pasimeni, P. (2016, 13 grudnia). An unemployment benefit scheme for the Eurozone. Pobrane z https://voxeu.org/article/unemployment-benefit-scheme- eurozone.
  2. Bagnai, A. (2016). L' euro e le declin de l' economie italienne. W: J. Sapir (red.), L' euro est-il mort? Monaco: Editions du Rocher.
  3. Barber, L. i Norman, O. (2001, 5 grudnia). Prodi pledges to relaunch career, Financial Times.
  4. Barslund, M., Busse, M. i Schwarzwälder, J. (2015). Labour Mobility in Europe: An untapped resource? CEPS Policy Brief, 327.
  5. Braconier, H. i Mauro, P. (2014, 20 lutego). Roads to deeper European integration. Pobrane z http://www.voxeu.org/article/roads-deeper-european-integration.
  6. Bulow, J., Rogoff, K. (2015, 10 czerwca). The modern Greek tragedy. Pobrane z https://voxeu.org/article/modern-greek-tragedy.
  7. Chancellor, E. (2009, 1 lutego). EMU on the rocks and all exits closed. Financial Times. Pobrane z http://www.ft.com/cms/s/0/733b4b12-ef07-11dd-bbb5- 0000779fd2ac.html#axzz434U2ERHl.
  8. Cunat,V. i Garicano, L. (2010). Did good cajas extend bad loans? Governance, human capital and loan portfolios (FEDEA Working Paper No. 8). Pobrane z http://www.vicentecunat.com/cajas.pdf.
  9. De Grauwe, P. i Mongelli, F.P. (2005). Endogeneities of optimum currency areas (ECB: Working Paper Series No. 468). Pobrane z https://www.ecb.europa.eu/ pub/pdf/scpwps/ecbwp468.pdf?29304b3978d4e29741b276bce4430688.
  10. Dyrektywa Parlamentu Europejskiego i Rady 2014/49/UE z dnia 16 kwietnia 2014 r. w sprawie systemów gwarancji depozytów (OJ L 2014, 173/149).
  11. Dyrektywa Parlamentu Europejskiego i Rady 2014/59/UE z dnia 15 maja 2014 r. ustanawiająca ramy na potrzeby prowadzenia działań naprawczych oraz restrukturyzacji i uporządkowanej likwidacji w odniesieniu do instytucji kredytowych i firm inwestycyjnych oraz zmieniająca dyrektywę Rady 82/891/EWG i dyrektywy Parlamentu Europejskiego i Rady 2001/24/WE, 2002/47/WE, 2004/25/WE, 2005/56/WE, 2007/36/WE, 2011/35/UE, 2012/30/UE i 2013/36/ EU oraz rozporządzenia Parlamentu Europejskiego i Rady (UE) nr 1093/2010 i (UE) nr 648/2012 (OJ L 2014, 173/190).
  12. Euronews. (2017). President Jean-Claude Juncker's State of the Union Address. Pobrane 13 września 2017 z http://www.euronews.com/2017/09/13/read-in-fulljean- claude-junckers-complete-state-of-the-union-2017-address.
  13. Feldstein, M. (1997, 1 listopada). EMU and International Conflict. Foreign Affairs. Pobrane z https://www.foreignaffairs.com/articles/europe/1997-11-01/emu-andinternational- Conflict.
  14. Frankel, J.A.i Rose A.K. (1996). The endogeneity of the optimum currency area criteria (NBER Working Paper No. 5700). Pobrane z http://www.nber.org/papers/ w5700.pdf.
  15. Greece faces 'explosive' surge in public debt, IMF warns. (2017, 28 stycznia). Financial Times.
  16. Gros, D. (2004). Profiting from the Euro? Seigniorage gains from euro area accession. Journal of Common Market Studies, 42(4), 795-813.
  17. Jones, E. i Verdun, A. (red.). (2005). The political economy of European integration: Theories and analysis. London, New York: Routledge.
  18. Mastrobuoni, G. (2004). The effects of the euro-conversion on prices and price perceptions (CEPS Working Paper No. 101). Pobrane z https://www.princeton.edu/ ceps/workingpapers/101mastrobuoni.pdf.
  19. Mundell, R. (1961). A theory of optimum currency areas. The American Economic Review, 51(4), 657-665.
  20. OECD. (2017). Economic Review - 2017 Italy. Paris: OECD.
  21. Shore, C. (2006). Government without statehood? Anthropological perspectives on governance and sovereignty in the European Union. European Law Journal, 12(6), 709-24.
  22. Tirole, J. (2015). Economie du bien commun, PUF.
  23. Why deflation is bad. (2015, 7 stycznia). The Economist. Pobrane z https://www. economist.com/blogs/economist-explains/2015/01/economist-explains-4.
  24. Wolf, M. (2014). The shifts and the shocks. London: Penguin Books.
  25. Zingales, L. (2015). Europa o no: Sogno da realizzare o incubo da cui uscire. Rizzoli: Biblioteca Universale Rizzoli.

Downloads

Download data is not yet available.

Similar Articles

1-10 of 54

You may also start an advanced similarity search for this article.