Detail publikace

RISK FACTORS OF THE CURRENT CRISIS MANAGEMENT OF THE EURO AREA AND THEIR IMPACT ON THE ECONOMIC DEVELOPMENT OF THE EUROPEAN UNION

REJNUŠ, O. BRAUNER, R.

Originální název

RISK FACTORS OF THE CURRENT CRISIS MANAGEMENT OF THE EURO AREA AND THEIR IMPACT ON THE ECONOMIC DEVELOPMENT OF THE EUROPEAN UNION

Typ

článek v časopise - ostatní, Jost

Jazyk

angličtina

Originální abstrakt

The article deals with the contemporary development of the European Monetary Union (euro area) with a focus on its key problems and ways of their solution. Its aim is to assess the meaningfulness of the 'Eurozone' project, including the gradual introduction of the single European currency into other countries and the consequences it causes. The first part of the paper describes the emergence and initial development of the European Union and the adoption of the European common currency, including the initial consequences that caused it. Subsequently, the methods and effectiveness of macroeconomic regulation of the European Central Bank in the following stages of crisis and so-called “post-crisis” development are analyzed, focusing on specifically used ECB monetary policy instruments and achieved results. And then the current economic situation in which the euro area and the European Union are currently being situated is analyzed. The penultimate part then evaluates the primary and secondary impacts of the use of the single European currency on economic development in the euro area, as well as the impacts of the current monetary management method of the European Central Bank. The very conclusion of the paper deals with the evaluation of benefits, respectively the results of the use of the single European currency, both in the euro area and throughout the European Union.

Klíčová slova

eurozone; monetary regulation; European central bank; crises factors; euro

Autoři

REJNUŠ, O.; BRAUNER, R.

Vydáno

24. 8. 2020

Nakladatel

INTERNATIONAL JOURNAL OF PUBLIC ADMINISTRATION, MANAGEMENT AND ECONOMIC DEVELOPMENT

Místo

Uherské hradiště

ISSN

2533-4077

Periodikum

INTERNATIONAL JOURNAL OF PUBLIC ADMINISTRATION, MANAGEMENT AND ECONOMIC DEVELOPMENT

Ročník

2020

Číslo

5

Stát

Česká republika

Strany od

44

Strany do

60

Strany počet

17

URL

https://www.fves.eu/ijpamed/2020-5-1-5.pdf

BibTex

@article{BUT164809,
  author="Oldřich {Rejnuš} and Roman {Brauner}",
  title="RISK FACTORS OF THE CURRENT CRISIS MANAGEMENT OF THE EURO AREA AND THEIR IMPACT ON THE ECONOMIC DEVELOPMENT OF THE EUROPEAN UNION",
  journal="INTERNATIONAL JOURNAL OF PUBLIC ADMINISTRATION, MANAGEMENT AND ECONOMIC DEVELOPMENT",
  year="2020",
  volume="2020",
  number="5",
  pages="44--60",
  issn="2533-4077",
  url="https://www.fves.eu/ijpamed/2020-5-1-5.pdf"
}