TITLE

THE FUTURE OF THE EURO: THE OPTIONS FOR FINLAND

AUTHOR(S)
KANNIAINEN, VESA
PUB. DATE
September 2014
SOURCE
CESifo Forum;Autumn2014, Vol. 15 Issue 3, p56
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the options for Finland which include driftwood option, Maastricht Treaty and return to the national currency for the economic and political crisis afflicting the eurozone and the future of euro. Topics discussed include reasons behind euro crisis such as labour market mechanisms, welfare loss, and extended integration in the European Monetary Union (EMU).
ACCESSION #
111379995

 

Related Articles

  • RESPONSIBILITY OF STATES AND CENTRAL BANKS IN THE EURO CRISIS. SINN, HANS-WERNER // CESifo Forum;Spring2014, Vol. 15 Issue 1, p3 

    The article discusses the responsibility of the states and central bank in the crises in Eurozone. Topics include the impact of inflation in European banks causes economic bubble, information on the Maastricht Treaty and Treaty on the Functioning of the European Union (TFEU), and the use of...

  • The European Debt Crisis - It's Back! Terry Young; McCord, Linnea; Crawford, Peggy // Academy of Business Research Journal;2014, Vol. 4, p103 

    Europe began a new era on November 1, 1993 with the passage of the Treaty of Maastricht and the creation of a single market for goods and services known as the European Union ("EU"). The purpose of the EU was to reduce costs and increase specialization through the free movement of goods,...

  • Government Debt Denomination Policies Before and After the EMU Advent. Hübner, Georges; Joliet, Robert // Open Economies Review;Apr2013, Vol. 24 Issue 2, p283 

    Through a cost-minimizing approach, this paper derives joint indicators to assess the efficiency of the mix of sovereign debt currencies between the countries belonging to the European Monetary Union (EMU). This theoretical insight enables us to explain why and how the introduction of the euro...

  • Vom Europäischen Währungssystem zum Euro. Waigel, Theo // Die Bank;jan2012, Issue 1, p9 

    The article discusses the history before the introduction of the euro in Germany and shows important milestones of the monetary reform. The contract of Maastricht of 1992, which was passed by the German government in fall 1993, founded the European monetary union. Other topics mentioned were the...

  • euro.  // International Dictionary of Finance, 4th Edition;2003, p87 

    Information on the common European Union (EU) currency, the euro, is presented. The currency is under the Economic and Monetary Union (EMU) and is initiated by the Maastricht Treaty and attendant measures. The euro was introduced in January 1999 for non-cash transactions only. By 2001, all the...

  • Maastricht Treaty, Euro and Purchasing Power Parity. Naiwei Chen; Mahajan, Arvind // International Research Journal of Finance & Economics;2010, Issue 35, p61 

    This paper examines the validity of the purchasing power parity (PPP) condition in EMU countries during three distinct exchange rate regimes (floating-rate, target-zone arrangement, and fixed-rate or common currency) from January 1973 through March 2005. Our results support PPP. PPP worsens...

  • Fiscal and Monetary Policy Determinants of the Eurozone Crisis and its Resolution. Dabrowski, Marek // CASE Network Studies & Analyses;2012, Issue 443, preceding p1 

    Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that has been built up over the last two decades or more....

  • 'PRE-IN'.  // Europe: A Concise Encyclopedia;2004, p173 

    A definition of the term 'Pre-in' is presented. Pre-in refers to a country which intends to adopt the single currency but either is temporarily unable to do so for political reasons or is barred because it fails to meet the convergence criteria of the Maastricht treaty.

  • LESSONS FROM THE EUROPEAN CRISIS. Stark, Jürgen // CATO Journal;Fall2013, Vol. 33 Issue 3, p541 

    The author offers his perspective on lessons from financial crises in Europe during the early 21st century and how the crises impacted the European Economic and Monetary Union (EMU). It discusses the concept of the EMU as outlines in the agreement known as the Maastricht Treaty, monetary policy...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics