16 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)

The paper makes an attempt at description of the impact of monetary integration on the most important macroeconomic indicators of the Euro area against the background of those countries which retained their national currency. As the main indicator describing changeability of economic growth in the E...

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Main Author: Jan Ostoj
Format: Article
Language:English
Published: University of Applied Sciences in Bielsko-Biała 2016-10-01
Series:Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
Subjects:
Online Access:https://ssl.wsfip.edu.pl/index.php/asej/article/view/454
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author Jan Ostoj
author_facet Jan Ostoj
author_sort Jan Ostoj
collection DOAJ
description The paper makes an attempt at description of the impact of monetary integration on the most important macroeconomic indicators of the Euro area against the background of those countries which retained their national currency. As the main indicator describing changeability of economic growth in the EU countries the author assumed the average annual real GDP growth calculated in relation to the base value of GDP in 2003. The profile of payment balance (BPM5) of selected countries focuses on relations resulting from financing of trade turnover account balance by balance of the financial account and, particularly on direct and portfolio investments. The analysis was conducted in the context of basic relationships from the theory of the optimum payment area.
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spelling doaj.art-4e48511c05474290b8483dddf9abeeba2024-03-25T11:33:36ZengUniversity of Applied Sciences in Bielsko-BiałaZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2016-10-0120316 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)Jan OstojThe paper makes an attempt at description of the impact of monetary integration on the most important macroeconomic indicators of the Euro area against the background of those countries which retained their national currency. As the main indicator describing changeability of economic growth in the EU countries the author assumed the average annual real GDP growth calculated in relation to the base value of GDP in 2003. The profile of payment balance (BPM5) of selected countries focuses on relations resulting from financing of trade turnover account balance by balance of the financial account and, particularly on direct and portfolio investments. The analysis was conducted in the context of basic relationships from the theory of the optimum payment area. https://ssl.wsfip.edu.pl/index.php/asej/article/view/454gross domestic product (GDP)currency exchange rateexport import balance
spellingShingle Jan Ostoj
16 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)
Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
gross domestic product (GDP)
currency exchange rate
export import balance
title 16 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)
title_full 16 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)
title_fullStr 16 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)
title_full_unstemmed 16 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)
title_short 16 YEARS OF THE EURO AREA – INCREASE OF GDP AND PAYMENT BALANCE (PRELIMINARY DATA ANALYSIS)
title_sort 16 years of the euro area increase of gdp and payment balance preliminary data analysis
topic gross domestic product (GDP)
currency exchange rate
export import balance
url https://ssl.wsfip.edu.pl/index.php/asej/article/view/454
work_keys_str_mv AT janostoj 16yearsoftheeuroareaincreaseofgdpandpaymentbalancepreliminarydataanalysis