Hacia la unión económica y monetariauna aproximación asintótica

  1. Jaime Requeijo 1
  1. 1 Economía Aplicada Instituto de Estudios Bursátiles (IEB)
Revue:
Revista española de control externo

ISSN: 1575-1333

Année de publication: 2015

Titre de la publication: Número homenaje a Juan Velarde Fuertes

Volumen: 17

Número: 51

Pages: 109-120

Type: Article

DIALNET GOOGLE SCHOLAR lock_openDialnet editor

D'autres publications dans: Revista española de control externo

Résumé

EMU was built on the assumption that the common currency would pave the way for the setting up of a solid Economic and Monetary Union. But the founding fathers oversaw the great real differences existing among the member countries and, most important of all, the difficult marriage between the euro and the budg- etary goals of the member countries. The financial upheaval initiated in 2010 brought to the fore the consequences of that contradiction. This brief paper aims at underlining the urgency of giving the Economic and Monetary Union its definite shape so that the contradiction fades away.

Références bibliographiques

  • Begg, Ian (2015): What does the Five Presidents report mean for the future of the euro? LSE Comment (http://blogs.lse.ac.uk/europpblog/2015/06/23/what-does-the-five-presidents-reportmean-for-the-future-of-the-euro/).
  • Banco Central Europeo: Debt Securities. (https://www.ecb.europa. eu/stats/money/securities/debt/html/index.en.html)
  • Committee for the Study of EMU (1989): «Report on Economic and Monetary Union in the European Community» (The Delors Report), Luxembourg: Office for Official Publications of the European Communities.
  • Daianu, D. et al. «The Eurozone Crisis and the Future of Europe», International Political Economy Series, Junio 2014.
  • European Commission (2014): «Report on Public Finances in EMU 2014» (http://ec.europa.eu/economy_finance/publications/)
  • Giannone, D. et al. (2009): «Business Cycles in the Euro Area». ECB Working Paper 1010, 2009.
  • Jean Claude Juncker, Donald Tusk, Jeroen Dijsselbloem, Mario Draghi y Martin Schultz (2015): «Realizar la Unión Económica y Monetaria Europea», (http://ec.europa.eu/priorities/economicmonetary-union/docs/5-presidents-report_es.pdf)
  • Kenen, P. (1969): «The Optimum Currency Areas: An Eclectic View» en Mundell and Swoboda (eds.) Monetary Problems in the International Economy, University of Chicago Press, Chicago.
  • Mundell, R. (1961): «A Theory of Optimum Currency Areas», The American Economic Review, vol. 51, n.º 4, Septiembre 1961.
  • Velarde Fuertes, J.: «Economía española. 1975-2011», Colegio de Economistas de Madrid, 2014.
La source de données: Dialnet