Euro on the Verge of (Dis) Integration?
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Code : ITF0021
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Region : :Europe |
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Abstract: The euro, the common currency of the European Union (EU), was adopted to bring about higher degree of equality among the differing economies of the EU and enable them to develop together. However, in recent years the euro has been facing problems both on the economic and political front. While the member states are struggling because of the low economic growth rate, European Central Bank is finding it difficult to set an interest rate that would benefit all the variegated economies and simultaneously check inflation. Besides, the rejection of the EU Constitution by France and the Netherlands in a referendum, further fuelled the whole crisis. Some politicians and economists feel that the euro has failed to meet its objective and should therefore be withdrawn. |
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Pedagogical Objectives:
Keywords
The formation of the euro, Currency trading, Falling value of the dollar, Competition to the dollar, Common constitution for the European Union, French and the Netherlands' rejection, Finance Case Study, Export competitiveness of European Union Member States, Reverting to National Currencies, The future of the euro
Contents :
» Conception of Euro
» Euro, the Emerging Currency
» Emerging Imbroglio
» The Economic Implications
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