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2016 | 3 | 48-68
Article title

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

Authors
Title variants
Languages of publication
EN
Abstracts
EN
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.
Year
Issue
3
Pages
48-68
Physical description
Dates
published
2016-12-15
References
  • [1.]Canzonerii M.B, Valles J., Vinals J., The Exchange Rate as an Instrument of Macroeconomic Adjustment: Empirical Evidence and Relevance for European Monetary Union, Banco de Espana, Economic Bulletin, 1997.
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  • [1.]Eurostat. Real GDP growth rate – volume; Hyperlink to the table:http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&plugin=1&language=en&pcode=tec00115; Date of extraction: 16 May 2016 20:47:42 CEST.
  • [2.]Eurostat. GDP and main components (output, expenditure and income) [nama_10_gdp];
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  • [4.]Polish Statistical Yearbooks for the period 2008-2014.
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  • [8.]Die Deutsche Zalungsbilanz fur das Jahr 2007, Deutsche Bundesbank, Monatsbericht March 2008.
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-164b41a5-720e-4c6f-90dc-13e4fce3ea13
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