Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 12 Number 2 pp. 19-48

Tadeusz Kowalski

Pozna&#
3

2

4
; University of Economics, Poland

The Economic and Monetary Union countries vs. the global crisis

Abstract: The global financial and economic crisis revealed institutional weaknesses and structural problems of particular Economic and Monetary Union (EMU) countries. The crisis and slowdown that followed had an impact on their relative competitiveness. Financial and economic turbulences of recent years shed new light on the scale and scope of interdependences in the world economy. They uncovered economic and institutional flaws of the very EMU itself. The article focuses on EMU countries real sector reactions to the financial disturbances. Both comparative static and dynamic approaches are used in order to assess the scope and pace of adjustments triggered by the global crisis. (original abstract)
pub/2012_2_19.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume12/issue2/2012_2_19.pdf
Keywords: Financial crisis, Competitiveness, Economic and Monetary Union (EMU), Economic relations, Kryzys finansowy, Konkurencyjność, Unia Gospodarcza i Walutowa (UGW), Stosunki gospodarcze

For citation:

MLA Kowalski, Tadeusz. "The Economic and Monetary Union countries vs. the global crisis." Economics and Business Review EBR 12.2 (): 19-48.
APA , (). The Economic and Monetary Union countries vs. the global crisis. Economics and Business Review EBR 12(2), 19-48
ISO 690 KOWALSKI, Tadeusz. The Economic and Monetary Union countries vs. the global crisis. Economics and Business Review EBR, , 12.2: 19-48.