- Author
- Mundell Robert (Columbia University)
- Title
- The European fiscal reform and the plight of the Euro
- Source
- Poznań University of Economics Review, 2011, vol. 11, nr 1, s. 7-22, rys., bibliogr. 5 poz.
- Keyword
- Kryzys finansowy, Globalizacja gospodarki, Strefa euro, Euro
Financial crisis, Economic globalization, Eurozone, Euro - Abstract
- The paper presents the background of the American crisis in 2007-2008 that later spread into the global crisis. It distinguishes and discusses four phases of the crisis: subprime mortgage crisis, soaring dollar and the Lehman Brothers fiasco, US and global recession, and, finally, European debt crisis. In the above context, the benefits and costs of joining the Eurozone are presented, particularly from the Polish perspective. The need of fiscal reforms and concerns regarding Eurozone institutions are addressed. The paper has been prepared based on the Keynote Speech by Robert Mundell during the 17th Global Finance Conference held in Poznan, Poland in June 2010. The Speech presented here was made possible in part by support from the Polish Financial Supervision Authority. (original abstract)
- Accessibility
- The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics - Full text
- Show
- Bibliography
-
- Cecchetti, S. (2007), Federal Reserve Policy Actions in August 2007: Frequently Asked Questions, VoxEU, http://www.voxeu.org/index.php?q=node/466.
- Friedman, M. (1968), The Role of Monetary Policy, American Economic Review, no. 58, p. 1-17.
- Laffer, A.B. (1983), Supply Side Economics: Financial Decision-Making for the 80s, Scott Foresman & Co.
- McNamee, M. (2004), Lewis S. Ranieri: Your Mortgage Was His Bond, Business Week, November 29.
- Rhodes, W. (2007), A Market Correction Is Coming, This Time for Real, The Financial Times, March 29.
- Cited by
- ISSN
- 1643-5877
- Language
- eng
