IDEAS home Printed from https://ideas.repec.org/a/pet/annals/v6y2006p91-96.html
   My bibliography  Save this article

European Integration - Macroeconomic Coordination Risks

Author

Listed:
  • Danilea Giurescu

    (University of Craiova, Romania)

  • Laura Giurca Vasilescu

    (University of Craiova, Romania)

Abstract

The microeconomic gains and the macroeconomic losses of the European Monetary Union creation have been greatly exaggerated, given the fact that the necessary preconditions of an optimum currency area lack. In this context, the EMU member’s vulnerability to economic shocks is increased and their ability to deal with them is decreased. The insufficient coordination of the economic policies is another macroeconomic risk factor of the european integration. It consists in the heterogeneity of member states’ economies, the taxation strategies and the insufficient coordination between the budget policies and the monetary policy.

Suggested Citation

  • Danilea Giurescu & Laura Giurca Vasilescu, 2006. "European Integration - Macroeconomic Coordination Risks," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 6, pages 91-96.
    • Handle: RePEc:pet:annals:v:6:y:2006:p:91-96
    as

    Download full text from publisher

    File URL: http://www.upet.ro/annals/pdf/Annals-2006.pdf
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Ludek Kouba & Michal Madr & Danuse Nerudova & Petr Rozmahel, 2016. "Policy Autonomy, Coordination or Harmonization in the Persistently Heterogeneous European Union?," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 1, pages 53-71, March.
    2. Luděk Kouba & Michal Mádr & Danuše Nerudová & Petr Rozmahel, 2015. "Policy Autonomy, Coordination or Harmonisation in the Persistently Heterogeneous European Union? WWWforEurope Working Paper No. 95," WIFO Studies, WIFO, number 58136.

    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:pet:annals:v:6:y:2006:p:91-96. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Imola Driga (email available below). General contact details of provider: http://www.upet.ro/ .

    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.