Incomplete EMU Integration as an Amplifief of Financial Crisis

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00082021" target="_blank" >RIV/00216224:14560/14:00082021 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Incomplete EMU Integration as an Amplifief of Financial Crisis

Popis výsledku v původním jazyce

The financial crisis that hit major economies in 2007?2008 and the following recession triggers several fiscal and monetary policy responses. Although there are many important differences among major economies and their financial systems, central banks reacted almost identically by waves of various easing programs. In my contribution, I will focus on the coping with the crisis by FED, BoE, and ECB. I will compare the size, composition, and development of balance sheets of these central banks as well asan institutional context of their policy operations. On the basis of these comparisons, I will claim that the half-way European integration, limited to monetary union only without banking or fiscal union, is an important factor deepening the financial crisis and postponing its solution.

Název v anglickém jazyce

Incomplete EMU Integration as an Amplifief of Financial Crisis

Popis výsledku anglicky

The financial crisis that hit major economies in 2007?2008 and the following recession triggers several fiscal and monetary policy responses. Although there are many important differences among major economies and their financial systems, central banks reacted almost identically by waves of various easing programs. In my contribution, I will focus on the coping with the crisis by FED, BoE, and ECB. I will compare the size, composition, and development of balance sheets of these central banks as well asan institutional context of their policy operations. On the basis of these comparisons, I will claim that the half-way European integration, limited to monetary union only without banking or fiscal union, is an important factor deepening the financial crisis and postponing its solution.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 2nd International Conference on European Integration 2014

ISBN

9788024833880

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

297-303

Název nakladatele

VŠB - Technical University of Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

1. 1. 2014

Typ akce podle státní příslušnosti

CST - Celostátní akce

Kód UT WoS článku

000346144900032