Sawyer, MC orcid.org/0000-0002-4565-5276 (2016) The Economic and Monetary Union: Past and Present Failures and some Future Possibilities. World Economic Review. ISSN 2049-3517
Abstract
The Economic and Monetary Union was constructed on poor foundations which sought to impose inappropriate macroeconomic policies. This construction did not pay heed to the differences between countries with regard to their economic position and interests nor to the institutional and historical differences. The EMU was faltering before the financial crisis which highlighted and added to the problems of EMU. The neo- and ordo-liberal constraints on policy and policy reform are indicated. The outline of a policy agenda for prosperity in EMU is given.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Keywords: | Economic and Monetary Union, fiscal policy, monetary policy, ordoliberalism |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Economics Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 14 Oct 2016 14:48 |
Last Modified: | 04 Nov 2016 00:57 |
Status: | Published |
Publisher: | World Economics Association |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:102743 |