Marked economic recovery in the EMU
| Autor: | Günter Weinert |
|---|---|
| Rok vydání: | 2000 |
| Předmět: |
Konjunktur
media_common.quotation_subject Economics Econometrics and Finance (miscellaneous) Monetary policy International economics Interest rate Currency union Europäische Wirtschafts- und Währungsunion Economic recovery Value (economics) European integration ddc:330 Economics Liberian dollar EU-Staaten Business Management and Accounting (miscellaneous) Price level media_common |
| Zdroj: | Intereconomics. 35:46-52 |
| ISSN: | 1613-964X 0020-5346 |
| DOI: | 10.1007/bf02927900 |
| Popis: | With its internal value stable, the euro's inaugural year proved to be a thoroughly sccessful one for the common currency, even though there was a marked decline in its external value against the dollar and the yen. As far as the economy is concerned, the first year of currency union was less favourable, as its start coincided with a considerable weakness in exports. A clear recovery set in during the course of the year, however, and will continue this year. It will be accompanied by a further marked improvement in the labour market situation while price levels remain stable. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink