Naslov
Optimal monetary zone

Autori
Kumar, Andrej ; Kandžija, Vinko

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

Izvornik
Transitional impacts and the EU enlargement complexity / Kumar, Andrej ; Kandžija, Vinko - Ljubljana : Ekonomska fakulteta Univerze v Ljubljani, 2002, 121-127

Skup
Economic System of European Union and Adjustment of Bosnia and Herzegovina

Mjesto i datum
Mostar, Bosna i Hercegovina, 26.04.2003. - 27.04.2003

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
optimal currency area (OCA); criteria for OCA

Sažetak
In the 1990s, plans for the formation of the European Economic and Monetary Union (EMU) led to a renewed interest in the empirical and theoretical study of optimal currency areas (OCA) in Western Europe1, North America2 and partly in European transitional countries3 expecting to join the EU and the EMU. The EMU as a complex and long lasting project was realized successfully. In spite of this there are specific theoretical and especially practical aspects related to its monetary and exchange rate policies which are still a matter of research and various concerns. Different, often negative comments on European Central Bank (ECB) policy regarding the euro exchange rate development reflect practical and conceptual concerns related to the stability and future effectiveness of the EMU. Such concerns are often connected both to the EU enlargement and its expected impacts on the effective performance of the EMU in the future (Maloney and Macmillen, 1999).

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA