IDEAS home Printed from https://ideas.repec.org/a/kap/iaecre/v19y2013i4p381-39710.1007-s11294-013-9409-0.html
   My bibliography  Save this article

Quo Vadis, Europa

Author

Listed:
  • Antonin Rusek

Abstract

The Eurozone (and implicitly the whole EU) finds itself at the crossroad. Economic dynamism of the last few years revealed fissures in the European economic and increasingly political edifice. The vaunted achievement—the common currency Euro—proved itself to be the double-edged sword. The common currency certainly contributed to the increased integration both in the real and the financial sectors. However, in the presence of the persistent differences between the “northern core” and the countries on the Mediterranean littoral, this enhanced integration acts more as an undesirable weight and obstacle rather than the dreamed about engine of progress. Copyright International Atlantic Economic Society 2013

Suggested Citation

  • Antonin Rusek, 2013. "Quo Vadis, Europa," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 19(4), pages 381-397, November.
    • Handle: RePEc:kap:iaecre:v:19:y:2013:i:4:p:381-397:10.1007/s11294-013-9409-0
    DOI: 10.1007/s11294-013-9409-0
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11294-013-9409-0
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11294-013-9409-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Nicolas Véron, 2012. "The challenges of Europe's fourfold union," Policy Contributions 741, Bruegel.
    2. Jean Pisani-Ferry & André Sapir & Nicolas Véron & Guntram B. Wolff, 2012. "What kind of European banking union?," Policy Contributions 731, Bruegel.
    3. Hans-Werner Sinn, 2009. "Can Germany Be Saved?: The Malaise of the World's First Welfare State," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262512602, December.
    4. Ms. Ruo Chen & Mr. Gian M Milesi-Ferretti & Mr. Thierry Tressel, 2012. "External Imbalances in the Euro Area," IMF Working Papers 2012/236, International Monetary Fund.
    5. Buiter, Willem & Rahbari, Ebrahim, 2012. "The ECB as Lender of Last Resort for Sovereigns in the Euro Area," CEPR Discussion Papers 8974, C.E.P.R. Discussion Papers.
    6. Jean Pisani-Ferry & Guntram B. Wolff, 2012. "The fiscal implications of a banking union," Policy Briefs 748, Bruegel.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Antonin Rusek, 2013. "The Eurozone Dynamic Cohesion: Convergence or Divergence," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 1(1), pages 18-24.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Schilirò, Daniele, 2016. "Rules, Imbalances and Growth in the Eurozone," MPRA Paper 75641, University Library of Munich, Germany.
    2. Jorg Bibow, 2015. "The Euro's Savior? Assessing the ECB's Crisis Management Performance and Potential for Crisis Resolution," Economics Working Paper Archive wp_845, Levy Economics Institute.
    3. Maylis Avaro & Henri Sterdyniak, 2014. "Banking union: a solution to the euro zone crisis?," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 193-241.
    4. Zsolt Darvas & Guntram B. Wolff, 2013. "Should Non-Euro Area Countries Join the Single Supervisory Mechanism?," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 2, pages 141-163, June.
    5. Pisani-Ferry, Jean, 2013. "The known unknowns and unknown unknowns of European Monetary Union," Journal of International Money and Finance, Elsevier, vol. 34(C), pages 6-14.
    6. Nicolas Veron & Guntram B. Wolff, 2013. "From Supervision to Resolution: Next Steps on the Road to European Banking Union," Policy Briefs PB13-5, Peterson Institute for International Economics.
    7. repec:spo:wpmain:info:hdl:2441/f6h8764enu2lskk9p4srjesb4 is not listed on IDEAS
    8. repec:hal:spmain:info:hdl:2441/f6h8764enu2lskk9p4srjesb4 is not listed on IDEAS
    9. Elliott, Douglas J., 2014. "Lessons for Asia from Europe’s History with Banking Integration," ADBI Working Papers 462, Asian Development Bank Institute.
    10. Gros, Daniel, 2013. "Principles of a Two-Tier European Deposit (Re-)Insurance System," CEPS Papers 7958, Centre for European Policy Studies.
    11. Jean Pisani-Ferry, 2012. "The known unknowns and the unknown unknowns of the EMU," Policy Contributions 756, Bruegel.
    12. David Howarth & Lucia Quaglia, 2013. "Banking Union as Holy Grail: Rebuilding the Single Market in Financial Services, Stabilizing Europe's Banks and ‘Completing’ Economic and Monetary Union," Journal of Common Market Studies, Wiley Blackwell, vol. 51, pages 103-123, September.
    13. Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2012. "External adjustment and the global crisis," Journal of International Economics, Elsevier, vol. 88(2), pages 252-265.
    14. Mr. Joong S Kang & Mr. Jay C Shambaugh, 2014. "Progress Towards External Adjustment in the Euro Area Periphery and the Baltics," IMF Working Papers 2014/131, International Monetary Fund.
    15. Moral-Benito, Enrique & Roehn, Oliver, 2016. "The impact of financial regulation on current account balances," European Economic Review, Elsevier, vol. 81(C), pages 148-166.
    16. International Monetary Fund, 2013. "Canada: Selected Issues," IMF Staff Country Reports 2013/041, International Monetary Fund.
    17. Mikkel Hermansen & Oliver Röhn, 2017. "Economic resilience: The usefulness of early warning indicators in OECD countries," OECD Journal: Economic Studies, OECD Publishing, vol. 2016(1), pages 9-35.
    18. Sokolova, Maria V., 2016. "Exchange Rates, International Trade and Growth: Re-Evaluation of Undervaluation," Conference papers 332790, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    19. Dejan Šoškić, 2015. "Global Financial Reform Since 2008: Achievements and Shortcomings," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 62(3), pages 385-400, June.
    20. Galina Hale & Maurice Obstfeld, 2016. "The Euro And The Geography Of International Debt Flows," Journal of the European Economic Association, European Economic Association, vol. 14(1), pages 115-144, February.
    21. Gadatsch, Niklas & Stähler, Nikolai & Weigert, Benjamin, 2016. "German labor market and fiscal reforms 1999–2008: Can they be blamed for intra-euro area imbalances?," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 307-324.
    22. Dragos G. TURLIUC & Andreea N. POPOVICI, 2013. "TOWARDS THE EUROPEAN BANKING UNION-Literature review," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 1, pages 221-229, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:iaecre:v:19:y:2013:i:4:p:381-397:10.1007/s11294-013-9409-0. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.