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Comparative Analysis between the Economies of the Euro Area and the USA

Author

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  • Puiu Cristina

    („Alexandru Ioan Cuza” University of Ia?i, Doctoral School of Economics)

Abstract

Differences in economic performance between the USA and the euro area have been the subject of much debate. Even though these large economies might be considered similar, there can be identified some differences. This paper aims to realize a parallel between two of the largest monetary unions in the world. To compare the economies of the currency unions in Europe and United States of America I have chosen a set of indicators regarding monetary policy, growth and financial markets. The answer provided by the analysis is that the Euro Area has made an impressive progress since its initiation, but this has to be continued in order to achieve the performances in the USA.

Suggested Citation

  • Puiu Cristina, 2011. "Comparative Analysis between the Economies of the Euro Area and the USA," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1773-1778, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1773-1778
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    More about this item

    Keywords

    euro; currency unions; USA; monetary policy;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F15 - International Economics - - Trade - - - Economic Integration
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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