The EMU State

Philip Arestis () and Nikolaos Karagiannis ()
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Philip Arestis: University of Cambridge
Nikolaos Karagiannis: Winston-Salem State University

Chapter Chapter 5 in Proper Economic Policies Under the Post-Pandemic Era, 2025, pp 195-241 from Springer

Abstract: Abstract We begin this section with the history of economic policies of the European Monetary Union, in relation to the European Union more generally. The overall conclusion of this section is that economic policies are very important, but more precisely coordination of the policies, in terms of monetary and fiscal as well as financial stability policies, is of paramount relevance and should be adopted. But this policy coordination requires that fiscal policies are determined centrally over the European Union, a very important development, which can occur when the European Union becomes United States of Europe (see, also, Chadha et al. 2012).

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-88520-4_5

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DOI: 10.1007/978-3-031-88520-4_5

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