The European Monetary System
In: The Economics of Europe, S. 269-286
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In: The Economics of Europe, S. 269-286
In: Journal of international economics, Band 27, Heft 3-4, S. 385-387
ISSN: 0022-1996
In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 13, S. 139-172
ISSN: 0167-2231
In: Milletlerarası münasebetler türk yıllığı: The Turkish yearbook of international relations, S. 097-132
In: Europe Under Stress, S. 79-89
In: Common Market Law Review, Band 17, Heft 1, S. 7-30
ISSN: 0165-0750
In: The Economics of the New Europe
In: Journal of common market studies: JCMS, Band 27, Heft 3, S. 231-248
ISSN: 0021-9886
World Affairs Online
In: Economica, Band 57, Heft 225, S. 134
In: The Economic Journal, Band 99, Heft 396, S. 496
In: The political economy of global interdependence
This note provides an account of the major milestones in the evolution of the economic governance in the European monetary union, assessing the reforms in governance frameworks of the EMU from 1997 up to mid-2013. It mainly focuses on the post-2010 reforms, where the financial crisis and the ensuing sovereign debt crisis exposed the weakness of the economic governance framework of EMU in Europe. It also highlights the on-going proposals for further coordination and cooperation that have been brought forward but still require agreement among Member States. The note suggests that while the commitment shown to introduce stricter fiscal rules and enhanced surveillance was a necessary step forward for sustaining the credibility of the single European currency, further reforms focusing on deepening European integration are still needed. ; N/A
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