 ASPECTS OF THE SWOT ANALYSIS REGARDING THE SWITCHOVER TO THE EURO OF THE SEVEN NON-MEMBER COUNTRIES OF THE EUROPEAN MONETARY UNION (EMU)Gheorghe Zaman and
Anca Cristea
Journal of Financial and Monetary Economics, 2018, vol. 6, issue 1, 14-30 Abstract: The Eurozone is considered as the most advanced form of monetary integration which is based on the use of a common currency or fixed exchange rate, single monetary policy promoted by a cross-cutting central bank of all member countries. In the original concept, the application of this instrumental-institutional solution was foreseen to increase the well-being of the member countries, by removing several barriers to social and economic development and strengthening economic relations between the member countries of the integrationist group. They were intended to maintain and strengthen the achievement of a typical common market, as well as to facilitate the improvement of management efficiency in member countries. The operation of the economic-financial entities of the states in a monetary union allows obtaining a large number of benefits, simultaneously with the manifestation of certain threats. Keywords: European integration; European Monetary Union; opportunities and threats (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:6:y:2018:i:1:p:14-30 Access Statistics for this article More articles in Journal of Financial and Monetary Economics from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC. |
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