Unione monetaria e politica di stabilizzazione nella Comunità Europea.

A plan for European Monetary Union was recently proposed based on the issue of a parallel European currency, the acceptance of which would be established by a market process, not by official edicts and which would be managed to achieve stable European-wide prices. This paper examines the desirabilit...

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Main Author: M. PARKIN
Format: Article
Language:Italian
Published: Associazione Economia civile 2014-09-01
Series:Moneta e Credito
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12657
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author M. PARKIN
author_facet M. PARKIN
author_sort M. PARKIN
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description A plan for European Monetary Union was recently proposed based on the issue of a parallel European currency, the acceptance of which would be established by a market process, not by official edicts and which would be managed to achieve stable European-wide prices. This paper examines the desirability of, and problems associated with this particular approach. It represents yet a further attempt to show that the anti-union arguments are either wrong or they are positive, not normative propositions which lead to the prediction that union will not occur and do not lead to the prescription that it shouldn’t. The inflation records of the individual countries are first examined and the reasons for national differences in that rate are analysed. Then the implications of monetary union are analysed. Finally, the political objections to monetary union are considered. JEL: F36, F33
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spelling doaj.art-a6ba9eb6497d44488a5bc159fb523ffb2023-02-03T16:37:45ZitaAssociazione Economia civileMoneta e Credito2037-36512014-09-01197611510.13133/2037-3651/12657Unione monetaria e politica di stabilizzazione nella Comunità Europea.M. PARKINA plan for European Monetary Union was recently proposed based on the issue of a parallel European currency, the acceptance of which would be established by a market process, not by official edicts and which would be managed to achieve stable European-wide prices. This paper examines the desirability of, and problems associated with this particular approach. It represents yet a further attempt to show that the anti-union arguments are either wrong or they are positive, not normative propositions which lead to the prediction that union will not occur and do not lead to the prescription that it shouldn’t. The inflation records of the individual countries are first examined and the reasons for national differences in that rate are analysed. Then the implications of monetary union are analysed. Finally, the political objections to monetary union are considered. JEL: F36, F33 https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12657European Monetary Unioninflationintegrationstabilisation
spellingShingle M. PARKIN
Unione monetaria e politica di stabilizzazione nella Comunità Europea.
Moneta e Credito
European Monetary Union
inflation
integration
stabilisation
title Unione monetaria e politica di stabilizzazione nella Comunità Europea.
title_full Unione monetaria e politica di stabilizzazione nella Comunità Europea.
title_fullStr Unione monetaria e politica di stabilizzazione nella Comunità Europea.
title_full_unstemmed Unione monetaria e politica di stabilizzazione nella Comunità Europea.
title_short Unione monetaria e politica di stabilizzazione nella Comunità Europea.
title_sort unione monetaria e politica di stabilizzazione nella comunita europea
topic European Monetary Union
inflation
integration
stabilisation
url https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12657
work_keys_str_mv AT mparkin unionemonetariaepoliticadistabilizzazionenellacomunitaeuropea