The Economic and Monetary Union countries vs. the global crisis

• Autorzy: Tadeusz Kowalski
• Języki publikacji: EN

Abstrakty

EN

The global financial and economic crisis revealed institutional weaknesses and structural problems of particular Economic and Monetary Union (EMU) countries. The crisis and slowdown that followed had an impact on their relative competitiveness. Financial and economic turbulences of recent years shed new light on the scale and scope of interdependences in the world economy. They uncovered economic and institutional flaws of the very EMU itself. The article focuses on EMU countries real sector reactions to the financial disturbances. Both comparative static and dynamic approaches are used in order to assess the scope and pace of adjustments triggered by the global crisis. (original abstract)

Słowa kluczowe

EN

Financial crisis; Competitiveness; Economic and Monetary Union (EMU); Economic relations

PL

Kryzys finansowy; Konkurencyjność; Unia Gospodarcza i Walutowa (UGW); Stosunki gospodarcze

• Czasopismo: The Poznań University of Economics Review
• Rocznik: 2012
• Tom: 12
• Numer: nr 2
• Strony: 19--48

Twórcy

autor

Tadeusz Kowalski

• Poznań University of Economics, Poland

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