Naslov
PROS AND CONS OF INTERNAL DEVALUATION IN THE EU

Autori
Kersan-Škabić, Ines

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Economic and Social Development ; 11th International Scientific Conference on Economic and Social Development – Building Resilient Society - Book of Proceedings / Vuletic, A. ; Vlahov, R.D. ; Pihir, I. - Zagreb : VADEA ; Sveučilište Sjever, 2015, 302-311

Skup
Economic and Social Development ; 11th International Scientific Conference on Economic and Social Development – Building Resilient Society

Mjesto i datum
Zagreb, Hrvatska, 17.12.2015. - 18.12.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Baltic states; EU governance; internal devaluation; PIIGS

Sažetak
The causes and outcomes of internal devaluation policy are in the focus of this research. The analysis is conducted on the sample of EU member states using theoretical and statistical tools. The arguments for the implementation of this policy are summarized and examined alongside the arguments that point to its inefficiency and the long-term negative consequences of putting the brakes on economic development. Emphasis is placed on the PIIGS countries that are most affected by the global economic crisis and the Baltic states that, after a sharp decline, have begun to show growth. The policy of internal devaluation is not applicable in any of the EU member states ; the solution should be stronger EU governance which will take the heterogeneity of the EU member states into consideration in the process of creating policies and solution finding.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA