Detail publikace

Contemporary Development of the European Monetary Union and its Risk Factors

REJNUŠ, O.

Originální název

Contemporary Development of the European Monetary Union and its Risk Factors

Typ

článek ve sborníku ve WoS nebo Scopus

Jazyk

angličtina

Originální abstrakt

The paper deals with the problems of the development of financial system of the European Union (EU) countries with special focus on solution of existing crisis. First and foremost, reasonability and present advancement in accomplishing “Euro Area” project, including the process of progressive introduction of single European currency is assessed. In connection with this, existing development of the European Union, with special focus on specification of contemporary economic problems that are currently being solved by enforcing so called “rescue” measures, is analysed. This is described as „European Stability Mechanism“ (ESM), which is related to recent adoption of principles of so called “banking union”. As these are non-standard political decisions with exceptionally important economic and social impact, their content is analysed in system context, with the goal to evaluate their benefits and risks, not only in the context of future economic development of the European Union, but from the point of view of benefits with respect to European population and human society.

Klíčová slova

Financial system; Eurozone; regulation; central banks; quantitative easing

Autoři

REJNUŠ, O.

Vydáno

19. 6. 2015

Nakladatel

Masaryk University

Místo

Brno

ISBN

978-80-210-7962-5

Kniha

European Financial Systems 2015. Proceedings of the 12th. International Scientific Conference, Brno: Masaryk University, 2015.

Edice

First edition

Strany od

498

Strany do

506

Strany počet

9

BibTex

@inproceedings{BUT116146,
  author="Oldřich {Rejnuš}",
  title="Contemporary Development of the European Monetary Union and its Risk Factors",
  booktitle="European Financial Systems 2015. Proceedings of the 12th. International Scientific Conference, Brno: Masaryk University, 2015.",
  year="2015",
  series="First edition",
  pages="498--506",
  publisher="Masaryk University",
  address="Brno",
  isbn="978-80-210-7962-5"
}