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The Effects of European Monetary Union on Macroeconomic Performance.
- Source :
-
Alternatives: Turkish Journal of International Relations . Summer2012, Vol. 11 Issue 2, p26-47. 22p. - Publication Year :
- 2012
-
Abstract
- The purpose of this study is to show the effect of monetary union on macroeconomic performance for 24 OECD countries during the period 1988-2009. According to the findings, the European Monetary Union has a positive effect on foreign trade. On the other hand, it has a negative effect. The monetary union set up without a financial union has a negative effect on macroeconomic performance by limiting the implementations of policy makers even if it has a positive contribution on trade. Thus, monetary policy implementations not supported with financial policy have a negative effect on macroeconomic performance. [ABSTRACT FROM AUTHOR]
- Subjects :
- *MACROECONOMICS -- Government policy
*GRAVITY model (Social sciences)
Subjects
Details
- Language :
- English
- ISSN :
- 13035525
- Volume :
- 11
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Alternatives: Turkish Journal of International Relations
- Publication Type :
- Academic Journal
- Accession number :
- 91248712