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文章基本信息

  • 标题:Optimal Monetary Areas and European Experience
  • 本地全文:下载
  • 作者:Bogdan Georgescu ; Vasile Ionel Popescu
  • 期刊名称:International Journal of Economic Practices and Theories
  • 印刷版ISSN:2247-7225
  • 出版年度:2014
  • 卷号:4
  • 期号:6
  • 页码:1024-1029
  • 语种:English
  • 出版社:International Journal of Economic Practices and Theories
  • 摘要:From historical point of view, each country used to have its own currency, but from economic point of view, we can ask the following question: why does a single monetary area have to correspond with the space of a nation?Practically, national currencies are useful because they make trade and financial transactions easier. The introduction of a single currency in a certain space must take into account certain criteria, because the space for a single currency is not infinite. The Central Bank of the area cannot react to local changes, therefore some costs will appear if we use a single currency.
  • 关键词:Finance;economy; currency; monetary union; fiscal transfers; workforce mobility;G00
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