EURO – ADVANTAGES AND DISADVANTAGES
Journal Title: CES Working Papers - Year 2014, Vol 6, Issue 3
Abstract
The adoption of a single currency was considered one of the most important successes of the effort to unify the countries of the European Union. Obviously, a common currency has indisputable advantages, the most important being that of stimulating trade in countries that have joined the Eurozone. Meanwhile, the euro has several disadvantages, the most important being that the excessive centralization of monetary policy in the European Union. Moreover, the introduction of a single currency generated some disadvantages, which to some extent can be considered drawbacks in terms of efficiency of resource allocation in the European Union countries.
Authors and Affiliations
Gabriel MURSA
Keywords
Related Articles
- EP ID EP110795
- DOI -
- Views 117
- Downloads 0
INTERNAL AUDIT AS AN ATTRIBUTE OF MANAGEMENT DURING THE ECONOMIC CRISIS
Internal audit provides through its tasks reasonable assurance that decisions implemented and on-going objectives are under control. Internal audit has passed from a simple check to a role in assisting management in orde...
L’IMPACT DE L’APPLICATION DES REFORMES BALE III SUR L’INDUSTRIE BANCAIRE ROUMAINE
Le début du XXIème a connu un essor remarquable des marchés financiers, de l’innovation et des processus de déréglementation. L’inflation faible, la liquidité abondante, la confiance dans les marchés efficaces et autorég...
FINANCIAL ANALYSIS FROM AN ACCOUNTING POINT OF VIEW
Despite the developments which tend to relax the relationship between financial analysis and accounting, property information provided by the latter irreplaceable render its use for diagnostic approaches financial founda...
ANALYSIS OF PETER SENGE’S FIVE COMMANDMENTS LEARNING IN ORGANIZATIONS AND ADHERENCE TO THE ISLAMIC AZAD UNIVERSITY STAFF OF ITS COMPONENTS
To learn problem solving and the development of learning organizations has been added to the agenda; Therefore, organizational learning and ultimately, learning organizations, that meet the needs of current challenges s...
THE ECONOMIC CRISIS AFFECTS THE COHESION POLICY AND SLOWS DOWN THE MIGRATION IN EUROPE
The economic crisis has made it difficult to achieve the key objectives of the European Union and the cohesion policy as a result of the increase in regional disparities. The main causes are the decrease of employment ra...