Franco-German Monetary Relations - Tensions Built into the Eurozone Core

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14230%2F15%3A00083653" target="_blank" >RIV/00216224:14230/15:00083653 - isvavai.cz</a>

Result on the web

<a href="https://www.vse.cz/polek/cislo.php?cislo=4&rocnik=2015" target="_blank" >https://www.vse.cz/polek/cislo.php?cislo=4&rocnik=2015</a>

DOI - Digital Object Identifier

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Result language

čeština

Original language name

Francouzsko - Německé monetární vztahy - pnutí v základech Eurozóny

Original language description

This paper discusses the thesis that the main danger for eurozone survival does not lie in the areas that most economists have focused on; that is, it lies neither in insuffi cient regulation of the fi nancial sector (banking union) nor in fi scal irresponsibility of the European governments (fi scal compact). The eurozone technically has unlimited fi nancial resources at its disposal to solve its recent fi nancial problems, but the potential threats are rather of a political origin. The most importantchallenges are the distinct expectations that the strongest European economies harbored before the foundation of the eurozone. The French sought to gain more autonomy in the conduct of their domestic economic policy, which had been impeded by external constraints, particularly exacerbated by German monetary policy. The German goal was to prevent permanent upward pressure on their currency, which had been undermining their export-led economic model.

Czech name

Francouzsko - Německé monetární vztahy - pnutí v základech Eurozóny

Czech description

This paper discusses the thesis that the main danger for eurozone survival does not lie in the areas that most economists have focused on; that is, it lies neither in insuffi cient regulation of the fi nancial sector (banking union) nor in fi scal irresponsibility of the European governments (fi scal compact). The eurozone technically has unlimited fi nancial resources at its disposal to solve its recent fi nancial problems, but the potential threats are rather of a political origin. The most importantchallenges are the distinct expectations that the strongest European economies harbored before the foundation of the eurozone. The French sought to gain more autonomy in the conduct of their domestic economic policy, which had been impeded by external constraints, particularly exacerbated by German monetary policy. The German goal was to prevent permanent upward pressure on their currency, which had been undermining their export-led economic model.

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AD - Political sciences

OECD FORD branch

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Project

<a href="/en/project/EE2.3.30.0009" target="_blank" >EE2.3.30.0009: Employment of Newly Graduated Doctors of Science for Scientific Excellence</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Politická ekonomie

ISSN

0032-3233

e-ISSN

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Volume of the periodical

63

Issue of the periodical within the volume

4

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

23

Pages from-to

413-435

UT code for WoS article

000361079700001

EID of the result in the Scopus database

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