The Economic and Monetary Union: Past, Present and Future

47 Pages Posted: 28 May 2019

See all articles by Marek Dabrowski

Marek Dabrowski

Bruegel; CASE - Center for Social and Economic Research; Central European University, Department of Public Policy

Date Written: March 15, 2019

Abstract

Twenty years of euro history confirms the euro’s stability and position as the second global currency. It also enjoys the support of majority of the euro area population and is seen as a good thing for the European Union. The European Central Bank has been successful in keeping inflation at a low level. However, the European debt and financial crisis in the 2010s created a need for deep institutional reform and this task remains unfinished.

Keywords: European Union, Economic and Monetary Union, common currency area, monetary policy, fiscal policy

JEL Classification: E58, E62, E63, F33, F45, H62, H63

Suggested Citation

Dabrowski, Marek and Dabrowski, Marek, The Economic and Monetary Union: Past, Present and Future (March 15, 2019). CASE Research Paper No. No. 497 (2019); IBSN: 9788371786808 , Available at SSRN: https://ssrn.com/abstract=3393532

Marek Dabrowski (Contact Author)

Bruegel ( email )

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Belgium

HOME PAGE: http://www.bruegel.org/scholars/scholar-detail/scholar/430-marek-dabrowski/

CASE - Center for Social and Economic Research ( email )

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HOME PAGE: http://www.case-research.eu/en/marek-dabrowski

Central European University, Department of Public Policy ( email )

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Vienna, Lower-Austria and Wien 1100
Austria

HOME PAGE: http://https://dpp.ceu.edu/people/marek-dabrowski

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