Międzynarodowe gospodarcze i polityczne aspekty funkcjonowania euro

• Authors: Artur Nowak-Far

Title variants

EN

International Economic and Political Aspects of the Euro Currency Use

• Languages of publication: PL

Abstracts

EN

The introduction of the euro enabled a reliable institutionalization of economic co-operation between the European Union member states that goes beyond monetary policy. This then enabled a limitation of the political conflict within the economic policy, increasing international reliability of the Union’s mechanism that creates the essence of monetary policy. As a result, we can observe a process of a slow but constant rise of the international role of the euro even in the conditions determined by the global financial crisis. These conditions, however, revealed a significant governing bodies’ sensitivity causing a slow-down in the increase in the reserves held in the euro in comparison to the reserves in the U.S. dollar.

Keywords

EN

euro internationalization; euro

• Publisher: Oficyna Wydawnicza Uczelni Łazarskiego
• Journal: Myśl Ekonomiczna i Polityczna
• Year: 2010
• Issue: 4(31)
• Pages: 53-82

Contributors

author

Artur Nowak-Far

• Warsaw School of Economics