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Tytuł:
Strefa euro a globalny kryzys finansowy XXI wieku
Eurozone and global financial crisis
Autorzy:
Matusewicz, Michał
Powiązania:
https://bibliotekanauki.pl/articles/16539518.pdf
Data publikacji:
2012
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
policy
eurozone
global financial crisis
eurozone crisis
subprime crisis
Opis:
This article examines the eurozone’s economic condition in the context of the subprime crisis and European debt crisis with particular emphasis on their negative impact on the national economies. The author first looks at the primary causes of the subprime crisis, then gauges its evolution and impact. Next, he focuses on the debt crisis that has severely affected the European Monetary Union (EMU) and the eurozone member states. The article concludes with a brief discussion of the crises implications for Poland and its forthcoming access to eurozone.
Źródło:
Studia BAS; 2012, 3(31); 9-28
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Rola Europejskiego Banku Centralnego w ramach instytucjonalnych uwarunkowań stabilności finansowej Unii Gospodarczej i Walutowej
The European Central Bank’s role in the context of the Economic and Monetary Union stability conditions
Autorzy:
Machelski, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/16539520.pdf
Data publikacji:
2012
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
financial policy
eurozone
financial crisis
eurozone crisis
European Central Bank
Opis:
The aim of this paper is to discuss European Central Bank (ECB)’s powers with regard to maintaining stability in the Economic and Monetary Union (EMU)’s member states. First, the author examines key tasks of the ECB as a central bank, focusing on its special character and competencies. In the second section, the ECB’s actions during the financial crisis are outlines, as well as some legal limitations on its powers. In the final section, the author discusses issues related to currency, price stability and euro stability.
Źródło:
Studia BAS; 2012, 3(31); 43-61
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Unia gospodarcza i walutowa w świetle teorii optymalnych obszarów walutowych – wnioski z kryzysu
Economic and Monetary Union in light of the Optimum Currency Areas theory – lessons from the crisis
Autorzy:
Adamiec, Danuta
Powiązania:
https://bibliotekanauki.pl/articles/10537622.pdf
Data publikacji:
2019
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
eurozone
Economic and Monetary Union
Optimal Currency Areas theory
eurozone crisis
Opis:
The article explores the relationship between development of monetary integration within the European Union and the Optimum Currency Areas (OCA) theory, with particular attention given to lessons learned from eurozone crisis. The author begins with presenting the OCA theory, its evolution and role in the creation of Economic and Monetary Union (EMU). Next, the financial crisis in eurozone is discussed in light of the OCA theory and EMU reforms, with particular focus on financial stability, fiscal policy and financial integration. The author argues that the crisis highlighted the importance of ensuring shock absorption mechanisms, as well as turned attention to financial integration and fiscal union criterion of the OCA.
Źródło:
Studia BAS; 2019, 3(59); 31-48
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Commission’s Reflections on the EU’s Future
Autorzy:
Gniatowski, Zbigniew
Skawiński, Filiip
Zygmunt, Izabela
Powiązania:
https://bibliotekanauki.pl/articles/643052.pdf
Data publikacji:
2014
Wydawca:
Fundacja Copernicus na rzecz Rozwoju Badań Naukowych
Tematy:
UE
European Commission
Eurozone
Opis:
This paper presents the way the European Commission (EC) views the European Union’s future and its own future role. It argues that despite the new rules introduced by the Treaty of Lisbon, the EC will not become overly politicized after the 2014 European elections. The paper also outlines the case for political union through a “democratic federation of nation states”, as proposed by the President of the European Commission Jose Manuel Barroso in State of the Union 2012, and discusses the Commission’s proposals for further economic integration in the Eurozone and the EU in general, with special focus on the European Semester procedure and the EU’s new economic governance. The Commission’s projects are then put in the context of predictions about the EU’s future, made by researchers dealing with the subject.
Źródło:
The Copernicus Journal of Political Studies; 2014, 2 (6)
2299-4335
Pojawia się w:
The Copernicus Journal of Political Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Rozwój rynków obligacji korporacyjnych strefy euro
Autorzy:
Czaja, Jarosław
Powiązania:
https://bibliotekanauki.pl/articles/590292.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Obligacje
Strefa euro
Bonds
Eurozone
Opis:
The author tries to show the introduction of the euro has had a significant impact on the development of corporate bond markets in Euroland. Also, the period from the Maastricht Treaty until the moment of the abandon the national currency has played a positive impact. This was because different changes in preparation for adopting the euro, improved incentives for improving corporate bond issue in the future Euroland.
Źródło:
Studia Ekonomiczne; 2014, 166; 98-108
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Miejsce Polski w zmieniającej się Unii Europejskiej – proces integracji krajów UE
Poland’s Position in the Changing European Union – Poland in the European Integration Process
Autorzy:
Wieczorek, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/417172.pdf
Data publikacji:
2015-02
Wydawca:
Najwyższa Izba Kontroli
Tematy:
EU legal structure
cohesiveness
Eurozone
Opis:
The article attempts to define what Poland has achieved to date in the political arena of the European Union, as well as the challenges that the country will have to face in relation to the new institutional and legal structure of the Union that is being formed. The advantageous position in the EU, which our country has managed to achieved over the first years after the accession, has not been given for good, especially that the Union is now undergoing structural changes whose impact on the shape of the integration, especially in the EU’s cohesiveness, is at this point difficult to define clearly. Consequently, the European Union in the form that is being established now, soon will not be the same as the Union that Poland joined in 2004. This may, at least partially, ruin the effects of Poland’s efforts to be in the Union’s decision-making centre. The future position of Warsaw in the EU will depend on how long, and to what extent, the key states of the Eurozone will consider our country an important element of Europe’s political scene. And it depends, to a large extent, on our readiness to join the efforts related to the reconstruction of the institutional infrastructure of the integration (the banking union) and, first of all, on the perspective of Poland’s joining the Eurozone.
Źródło:
Kontrola Państwowa; 2015, 60, 1 (360); 135-154
0452-5027
Pojawia się w:
Kontrola Państwowa
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Book review: Michał Pronobis, “Polska w strefie euro” [Poland in the Eurozone], C.H. Beck Publishing Company, Warsaw 2008, pp. 182
Autorzy:
Kraś, Ireneusz
Powiązania:
https://bibliotekanauki.pl/articles/2028020.pdf
Data publikacji:
2009-12-31
Wydawca:
Wydawnictwo Adam Marszałek
Tematy:
Ireneusz Kraś
Michał Pronobis
Eurozone
Opis:
The processes of international integration have been noticed for years. The inconvenience with currency exchange has been perceived long ago by the representatives of classical economic thought – David Ricardo and the father of the common currency idea – J. Stuart Mill. He thought there is so much barbarism in many transactions in civilized countries that almost all independent states protect themselves by keeping their own currency. Although there is some inconvenience for those countries and their neighbours.
Źródło:
Polish Political Science Yearbook; 2009, 38; 248-253
0208-7375
Pojawia się w:
Polish Political Science Yearbook
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Eurozone Crisis: Short-Run versus Long-Run Solutions
Autorzy:
Pickert, Jens
Narayanan, Vijay
Powiązania:
https://bibliotekanauki.pl/articles/420784.pdf
Data publikacji:
2017
Wydawca:
Akademia Ignatianum w Krakowie
Tematy:
Eurozone
debt crisis
EFSF
ESM
Opis:
RESEARCH OBJECTIVE: The main objective of this article is to present the result of the comparison of the short‑run and the long‑run solutions available for the Eurozone crisis. The main focus lies in examining if the provisions provided for the short‑term are sufficient compared to the long‑term solutions. THE RESEARCH PROBLEM AND METHODS: The existing monetary policy in the European Monetary Union at the beginning of the crisis will be examined together with the measures pursued immediately following the crisis as well as future prospects. The study is based on a literature review. THE PROCESS OF ARGUMENTATION: The monetary policy showed structural problems clearly emphasizing that the Eurozone was not prepared to address this crisis. The first reactive measures were taken several months after the start of the crisis. The implemented solutions on the short‑run did not meet the requirements to garner lost trust and determination. In summary, the decided provisions on the short‑run solutions were not sufficient. RESEARCH RESULTS: On the one hand, some efforts were made to find short run solutions. But these short‑run solutions could not solve the financial difficulties of the affected Eurozone countries. On the other hand, long‑run solutions are highly discussed in the literature but are not set in place. Therefore, only a political and monetary union can solve the structural problems of the Eurozone. However, in the foreseeable future, politicians need to spend more efforts into this aim. CONCLUSION, INNOVATION AND RECOMMENDATION: The paper underlines the need for a political and monetary union. A first step in the long‑term would be the introduction of the European Monetary Fund and later on the Eurobonds.
Źródło:
Horyzonty Polityki; 2017, 8, 24; 215-235
2082-5897
Pojawia się w:
Horyzonty Polityki
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The risk of the increasing divergence of the eurozone and the problem of macroeconomic imbalances in a three-gap model
Autorzy:
Jacek, Pera
Powiązania:
https://bibliotekanauki.pl/articles/557871.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
convergence
divergence
risk
eurozone
imbalance
Opis:
The negative effects of the last financial and economic crisis as seen in the deterioration of the state of public finances of the eurozone Member States highlighted weaknesses in the present institutional system. The fact that structural reforms have stopped, as well as unfavourable demographic changes, make the convergence processes and the growth of eurozone economies slow down. Increasing divergence with regard to trade balance deficits, budget deficits, investments and private savings is a significant limiting factor here. The aim of this paper is to answer the question as to whether the present situation of the eurozone economies is of a convergent or divergent nature. For this purpose the following have been analysed and assessed: the last financial crisis' consequences for eurozone countries; basic indicators related to the EU Member States' macroeconomic situation; domestic economies convergence/divergence in the eurozone - in relation to other Member States; increased divergence of regional development within a country, the so-called regional divergence; criteria of convergence; macroeconomic factors and – as mentioned before – the listed indicators resulting from the research method adopted . The method of study in this paper was the analysis of the risk of the eurozone's macroeconomic imbalance on the basis of the three-gap model.Results of the analysis showed significant imbalances within individual economies in terms of all the above mentioned parameters. This analysis showed the increasing trend related to eurozone divergence.
Źródło:
Economics and Business Review; 2016, 2(16), 2; 18-38
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The debt crisis in the Eurozone. A critical review of potential solutions
Autorzy:
Zielińska, Klaudia
Powiązania:
https://bibliotekanauki.pl/articles/646223.pdf
Data publikacji:
2012
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
kryzys
strefa euro
crisis
eurozone
Źródło:
Ekonomia Międzynarodowa; 2012, 003
2082-4440
2300-6005
Pojawia się w:
Ekonomia Międzynarodowa
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Potencjalne ryzyka związane z przystąpieniem do strefy euro – doświadczenia państw Europy Środkowo-Wschodniej
Benefits and costs of joining the eurozone – experience of Central and Eastern European countries
Autorzy:
Sawulski, Jakub
Powiązania:
https://bibliotekanauki.pl/articles/10543680.pdf
Data publikacji:
2019
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
eurozone
inflation
competitiveness
growth volatility
Opis:
This article discusses experience of Central and Eastern European (CEE) countries which have adopted the euro. The emphasis is placed on three phenomena: an increase in inflation, a decline in competitiveness and a greater volatility of the economic growth. As the analysis shows, there was no effect of price increase due to currency conversion in all CEE countries, as well as neither loss of competitiveness nor decrease in foreign trade balance has been proved. However, CEE countries that adopted the euro experienced greater fluctuations of economic growth – both the minimum and maximum GDP growth rate was relatively high in comparison to CEE countries which kept their currencies.
Źródło:
Studia BAS; 2019, 3(59); 115-129
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Die Rolle Deutschlands in der Eurokrise
Autorzy:
Cziomer, Erhard
Powiązania:
https://bibliotekanauki.pl/articles/700230.pdf
Data publikacji:
2014
Wydawca:
Stowarzyszenie Germanistów Polskich
Tematy:
Germany, European Union, euro, eurozone, crisis
Opis:
The article is an analysis of Germany’s role in the eurozone crisis. It consists of three parts that subsequently present: 1) the concept and the reasons of eurozone crisis from the German point of view; 2) premises of the Germany’s role and challenges for Germany in the crisis mentioned above as well as 3) conclusion resulting from the crisis for new role of Germany in the EU. The timeframe of the analysis encompasses years 2010-13. The basic thesis of the article is: Christian democrat and liberal government led by chancellor Angela Merkel due to a giant economic and financial potential of Germany took a key role in actions for overcoming problems of indebtedness, saving and stabilization of the eurozone. Germany pushing forward with strategy of rigorous austerity within the frames of so-called fiscal pact from March 1st, 2012 did not gain a common approval in the eurozone, exposing itself for serious criticism on the part of indebted states, especially Greece. For its part Germany as a biggest creditor and guarantor of established financial instruments bear extraordinary risk in case of a default of the most heavily indebted southern eurozone states. The above mentioned situation gives birth to many domestic German fears and controversies signaled in the article in spite of the fact that since the end of 2013 some slight displays of improvement in the economic situation and in partial stabilization of the eurozone appeared.
Źródło:
Zeitschrift des Verbandes Polnischer Germanisten; 2014, 3, 3
2353-656X
2353-4893
Pojawia się w:
Zeitschrift des Verbandes Polnischer Germanisten
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic and political implications for Poland remaining outside the Eurozone
Autorzy:
Gomułka, Stanisław
Powiązania:
https://bibliotekanauki.pl/articles/704193.pdf
Data publikacji:
2019
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
Polska
Eurozone
stability conditions
institutional reforms
Opis:
In the Accession Treaty of 16 April 2003, Poland agreed to adopt euro as its national currency, but the date of this adoption was not specified. The financial crisis in several countries of the Eurozone, in response to the world financial crisis in 2008, reduced drastically the public support in Poland for the replacement of the zloty by the euro. This article has two objectives. One is to assess the net costs, economic and political, for Poland remaining long outside the Eurozone. In this assessment the analysis includes also two official reports by National Bank of Poland, the country’s central bank, published in 2009 and 2014. The other objective is to note and assess the reforms which have been undertaken by member states of the Eurozone in response to this crisis, in order to maintain and enhance financial stability and economic effectiveness of the rules adopted at the start of the Eurozone on 1 January 1999. The author suggests to consider and adopt additional reforms. Discussed is also the USA experience with its own monetary union, and the potential influence on policy developments in the EU of increasing global competitive pressures from China and India.
Źródło:
Nauka; 2019, 1
1231-8515
Pojawia się w:
Nauka
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Overcoming the crisis in the Economic and Monetary Union
Autorzy:
Grzegorz, Grosse, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/894588.pdf
Data publikacji:
2020-03-21
Wydawca:
Uniwersytet Warszawski. Wydawnictwa Uniwersytetu Warszawskiego
Tematy:
Eurozone crisis
asymmetric confederation
political segmentation
Opis:
The purpose of the article is to assess the extent to which it has been possible to overcome the crisis situation in the economic and political/systemic dimension in Europe. The events of the crisis in the Eurozone mobilised the national and European elites to respond above all with respect to the economic situation. But in part, the changes concerned also the political dimension or precipitated consequences of a systemic character (related to the mechanisms of European integration). Some ideas were only discussed and did not gain practical implementation due to differing opinions and interests among the leading political actors, above all the EU member states. As a result, the crisis was overcome to a partial or incomplete extent both in the economic and political respect.
Źródło:
Przegląd Europejski; 2016, 1 (39); 28-50
1641-2478
Pojawia się w:
Przegląd Europejski
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Pogłębianie integracji gospodarczej w strefie euro w świetle teorii optymalnego obszaru walutowego
Deepening of integration in the eurozone in light of the Optimum Currency Areas theory
Autorzy:
Znoykowicz-Wierzbicka, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/10539391.pdf
Data publikacji:
2019
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
eurozone
optimum currency areas theory
deepening of integration in the EU
economic governance in the eurozone
Opis:
This article discusses deepening of European integration resulting from the reforms of eurozone in the context of the Optimum Currency Areas (OCA) theory. The paper begins with an outline of the OCA theory crucial findings. The second section discusses the importance of proper selection of monetary union membership criteria. Next, the deepening of the European integration in light of the endogeneity of currency area optimality hypothesis is discussed. The final section emphasizes possible changes in the balance of costs and benefits of monetary integration for countries that have not yet fulfilled the necessary conditions for the adoption of the euro.
Źródło:
Studia BAS; 2019, 3(59); 49-68
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wybrane aspekty nowelizacji prawnych podstaw członkostwa Polski w Unii Europejskiej – uwagi na tle wyroków polskiego i niemieckiego trybunału konstytucyjnego w sprawie aktów normatywnych stabilizujących strefę euro
Selected problems of amendment of constitutional foundations of the Polish Membership in European Union. Remarks based on judgments of the Polish Constitutional Court and the German Federal Constitutional Court on acts related with reform of the Eurozone
Autorzy:
Bainczyk, Magdalena
Powiązania:
https://bibliotekanauki.pl/articles/506316.pdf
Data publikacji:
2014
Wydawca:
Krakowska Akademia im. Andrzeja Frycza Modrzewskiego
Tematy:
European constitutional law
integration clause
the Eurozone
Opis:
The judgement of the Polish Constitutional Court of 26 June 2013 compared with the judgment of the German Federal Constitutional Tribunal of 18 March 2014 indicates that some significant amendments should be introduced into the Polish Constitution. Both amending procedures foreseen by the Treaty of Lisbon and the “Schengen method” used to reform the Eurozone imply a necessity to differ between the ordinary revision procedure and the simplified revision procedure also in national constitutional law. Taking into a account German constitutional provisions and jurisprudence of the German Federal Court such an amendment allows to concentrate on a question how to effective secure an influence of Polish constitutional institutions, especially the Sejm, on integration process.
Źródło:
Krakowskie Studia Międzynarodowe; 2014, 1; 151-189
1733-2680
2451-0610
Pojawia się w:
Krakowskie Studia Międzynarodowe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Uwagi na temat gospodarki niemieckiej w pierwszej dekadzie XXI wieku
Germany - the Strongest Economy of Euro Zone at the Beginning of XXI Century
Autorzy:
Sporek, Tadeusz
Powiązania:
https://bibliotekanauki.pl/articles/592521.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Globalizacja
Gospodarka
Strefa euro
Economy
Eurozone
Globalization
Opis:
Według najnowszych wyliczeń Międzynarodowego Funduszu Walutowego w 2014 roku USA pod względem PKB umocniły swą dominację na rynku globalnym, osiągając kwotę 17,4 bln USD, a Chiny od 2008 roku wysunęły się na drugie miejsce przekraczając 9,7 bln USD, wyprzedzając Japonię z kwotą 5,2 bln USD oraz Niemcy 3,7 bln USD. W opracowaniu przedstawiono wielkość i dynamikę obrotów handlowych Niemiec w latach 2000-2011. Po stronie eksportu, z wyjątkiem spadku w roku 2009, można wyróżnić ogólną tendencję wzrostową w badanym okresie. Podobną tendencję obserwowano w odniesieniu do importu z dodatkowym spadkiem badanej wartości w roku 2002. Wartość eksportu Niemiec w ciągu badanego okresu zwiększyła się 1,8-krotnie z sumy 597 455 mln EUR w roku 2000 do 1 058 581 mln EUR w roku 2011. Znaczący wzrost wartości eksportu miał miejsce w 2004 roku, odnotowano wówczas przyrost badanej wielkości o 10,1% do sumy 731 479 mln EUR w stosunku do roku poprzedniego. Kolejne istotne zwiększenie wartości eksportu odnotowano w roku 2006. Gospodarka niemiecka jest podawana za jeden z przykładów wzorowego wprowadzania wspólnej waluty euro jako czynnika wpływającego stymulująco na wzrost gospodarczy, który może oddziaływać z różną siła na całą gospodarkę. Konsekwencje przyjęcia euro dla niemieckiej gospodarki można podzielić na pozytywne i negatywne. Należy podkreślić, iż Niemcy są największą i najsilniejszą gospodarką Unii Gospodarczo-Walutowej
According to the latest estimates made by the International Monetary Fund in 2014 the USA strengthened its position in terms of GDP on the global market reaching the value of USD 17.4 bn, and from 2008 China took the second place with GDP over USD 9.7 bn exceeding Japan with the GDP of USD 5.2 bn and Germany with USD 3.7 bn. The paper presents the value and dynamics of trade turnover of Germany in the years 2000-2011. The general upward trend in export can be noticed with the decline recorded only in 2009. The similar tendency in imports can be observed with the additional decrease in 2002. During the analyzed period of time the value of exports of Germany increased 1,8 fold from EUR 597 455 mln in 2000 to EUR 1 058 581 mln in 2011. The significant increase of exports value was recorded in 2004 when the exports increase by 10.1% to EUR 731 479 mln can be observed as compared to the previous year. The subsequent significant increase in exports value was recorded in 2006. The German economy is regarded to be one of the examples of the introduction of the common currency which could be the factor stimulating the economic growth in various degree: stronger or weaker. The consequences of the euro adoption for the German economy could be positive and negative. It could be stressed that Germany is the biggest and the strongest economy of the Economic and Monetary Union.
Źródło:
Studia Ekonomiczne; 2014, 184; 19-38
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Determinanty normalizacji polityki monetarnej Europejskiego Banku Centralnego
Autorzy:
Pyka, Irena
Nocoń, Aleksandra
Powiązania:
https://bibliotekanauki.pl/articles/629833.pdf
Data publikacji:
2017
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
Monetary policy, Eurozone, Central banks, Financial markets
Opis:
Due to the implementation of non-standard monetary policy by the European Central Bank, concentrated in the first part of the financial crisis mainly on the unconventional open market operations, and in the second on the Quantitative Easing policy, the exit strategies and monetary policy normalization have become the subject of intensified discussion. The concept of a return to "normal" monetary policy of the ECB will require the implementation of two aspects: raising of interest rates and reduction of the size of central bank balance sheet. However, it is undisputed that the exit strategies of the ECB could be implemented only after completing of the asset purchase program and stabilization of euro area public finances. It seems that at this moment the monetary policy of Eurozone will have to wait. The main aim of the study is to identify the determinants of the monetary policy normalization of the European Central Bank. Particular attention will be paid to the conditions of normalization relating to the support for creation of economic recovery in the euro area, the increase of inflation towards the inflation target, stimulation of dynamics of lending activity and the situation on the financial market. The following research methods will be used: the literature studies, including domestic and foreign literature, case studies, cause and effect analysis, observation analysis as well as synthesis analysis. 
Źródło:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace; 2017, 1; 175-188
2082-0976
Pojawia się w:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Koszty i zagrożenia związane z wprowadzeniem waluty euro w Polsce
THE COSTS AND RISK OF INTRODUTION OF THE EURO IN POLAND
Autorzy:
Kozakiewicz, Aldona
Powiązania:
https://bibliotekanauki.pl/articles/418998.pdf
Data publikacji:
2012
Wydawca:
Uniwersytet Gdański. Wydział Ekonomiczny
Tematy:
euro
risk
convergence
monetary policy
eurozone
threat
Opis:
On the 1st of May 2004, Poland became a member state of the European Union. At the moment, it doesn’t fulfill the convergence criteria required for the introduction of the euro, but will have to adapt in the future. The aim of this article is to identify potential risks and economic costs that could occur due to Poland's integration with the eurozone. The joining country loses the ability to run an autonomous monetary policy. The scale of adverse effects depends, among other factors, on decisions made by the European Central Bank, effectiveness of adjustment mechanisms and types of shocks. Economic costs may occur on a long time scale, which is related to the fact that economic structure of Polish economy is not exactly similar to the EU and there is low flexibility of wages in Poland. Most countries of the eurozone do not fulfill the fiscal criteria, creating a threat to the economy. The article sums up possible consequences of introducing the single currency that are expected and should be taken into consideration before joining the eurozone.
Źródło:
Współczesna Gospodarka; 2012, 3, 3; 13-24PL
2082-677X
Pojawia się w:
Współczesna Gospodarka
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Źródła niestabilności gospodarczej państw strefy euro w warunkach kryzysu
Autorzy:
Gasz, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/586908.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Kryzys gospodarczyStrefa
Strefa euro
Economic crisis
Eurozone
Opis:
Financial and economic crisis at the turn of 2007-2008 forced a revision of views on the economic situation of the Member States of the euro area and became a turning point in the way the system of European economic governance. Deteriorating public finances of Member States, increasing the vulnerability of the institutional and structural reforms omission adversely affected the stability of the euro area. This paper analyzes the performance of selected economies, the economic condition of the area and review and characterization of new solutions in the governance of the European economy. The author subscribes to the view that an excessive number and low effectiveness of the regulations may be in conflict with the desire to achieve in the short term fiscal stabilization desired.
Źródło:
Studia Ekonomiczne; 2014, 166; 78-87
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Inadequacy of the ECB’s monetary policy in the EU economies outside the eurozone
Nieadekwatność polityki pieniężnej EBC w unijnych gospodarkach spoza strefy euro
Autorzy:
Klus, Sylwia
Paluszak, Grzegorz
Urbanowicz, Zuzanna
Powiązania:
https://bibliotekanauki.pl/articles/582131.pdf
Data publikacji:
2019
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
inadequacy
ECB, monetary policy
eurozone
EU economies
Opis:
The aim of the article is to estimate the extent of the inadequacy of the European Central Bank’s (ECB’s) monetary policy to the economies of those EU member states which have not joined the euro area so far. The assessment of the extent of maladjustment of the single monetary policy is based upon a counterfactual analysis and is carried out for the economies with the so-called derogation from the Economic and Monetary Union (EMU) since the ECB started to operate. The status of a derogation means that a member state is formally obliged to adopt the single currency euro and must face the consequences resulting from the single monetary policy in the context of economic macro-stabilization. The results obtained may be useful in a discussion on the moment of accession to the eurozone.
Celem artykułu jest oszacowanie stopnia nieadekwatności polityki pieniężnej Europejskiego Banku Centralnego (EBC) w unijnych gospodarkach państw, które jak dotąd nie przystąpiły do strefy euro. Ocena tego niedopasowania zostanie dokonana na podstawie kontrfaktycznej analizy polityki EBC oraz wewnętrznych uwarunkowań gospodarek z tzw. derogacją Unii Gospodarczej i Walutowej (UGiW) od początku funkcjonowania EBC. Status z derogacją oznacza formalne zobowiązanie kraju członkowskiego do przyjęcia wspólnej waluty euro i konieczność stawienia czoła konsekwencjom wynikającym z jednolitej polityki pieniężnej w kontekście stabilizacji makroekonomicznej. Uzyskane rezultaty mogą okazać się przydatne w dyskusji nad momentem przystąpienia do strefy euro.
Źródło:
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu; 2019, 63, 9; 58-67
1899-3192
Pojawia się w:
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Is democratic transnational sovereignty possible? An analysis of sovereignty in the context of EU integration
Autorzy:
Olearnik-Szydłowska, Paula
Powiązania:
https://bibliotekanauki.pl/articles/531335.pdf
Data publikacji:
2015-06-15
Wydawca:
Fundacja Instytut Nauki o Polityce
Tematy:
Transnational democracy, EU integration, pooled sovereignty, Eurozone crisis.
Opis:
This paper examines how the Eurozone financial crisis of 2011 impacted the possibility of the future of European integration. It examines the reactions of Europe’s political elites to the crisis through the lens of Jürgen Habermas’s philosophical work on the subject of transnational democratic sovereignty. More often that not decisions made in Brussels have been made on the basis of the national interest of member states and conducted in a highly undemocratic fashion. This has provoked a backlash in many member states by people unhappy with the constant lack of consultation on crucial matters, leading to fears that the world’s first transnational democracy may in fact be giving way to the first ‘post-democratic’ form of political union.
Źródło:
Polish Journal of Political Science; 2015, 1, 2; 6-22
2391-3991
Pojawia się w:
Polish Journal of Political Science
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Unia monetarna a intensywność wymiany towarowej studium przypadku strefy euro
Intensity of trade under monetary union – case study of the Eurozone
Autorzy:
Sledziewska, Katarzyna
Czarny, Elżbieta
Powiązania:
https://bibliotekanauki.pl/articles/659171.pdf
Data publikacji:
2015
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
strefa euro
handel wewnątrzgałęziowy
Eurozone
intra-industry trade
Opis:
This paper is aimed at finding an empirical proof of the thesis of positive trade effects and endogeneity of accession criteria in the case of the European monetary union. We analyze how the European monetary union influences trade in goods of its Member States as well as – for comparison – of the New EU-Member States and the EFTA members. Additionally we analyze impast of the creation of the Eurozone on the economies of its Member States with the biggest economic problems especially since the last international crisis (2008) – the group PIGS (Portugal, Ireland, Greece, Spain). We analyze not only changes in the aggregated trade in goods but changes in intra-industry trade as well. Finally we divide intra-industry trade into horizontal and vertical streams and analyze their changes. Our analysis covers the period 1995–2013. We start with the short presentation of trade effects of a monetary integration and analysis of the methods of measurement of intra-industry trade.
Niniejszy artykuł ma na celu znalezienie empirycznego dowodu na potwierdzenie tezy o pozytywnych efektach handlowych i endogeniczności kryteriów akcesyjnych w przypadku europejskiej unii monetarnej. Analizujemy, jak europejska unia walutowa wpływa na handel towarowy jej państw członkowskich, jak również – dla porównania – nowych państw członkowskich Unii Europejskiej oraz członków EFTA. Dodatkowo badamy wpływ utworzenia strefy euro na gospodarki jej państw członkowskich mających największe problemy gospodarcze, zwłaszcza od czasu ostatniego kryzysu (2008 r.) – tzw. grupa PIGS (Portugalia, Irlandia, Grecja i Hiszpania). Analizie poddano nie tylko ogólne zmiany w wymianie towarowej, lecz także zmiany w wymianie wewnątrzgałęziowej. Na końcu zbadano też zmiany w handlu wewnątrzgałęziowym w podziale na handel poziomy i pionowy. Analiza obejmuje lata 1995–2013. Artykuł rozpoczyna krótka prezentacja efektów handlowych integracji monetarnej oraz przegląd metod pomiaru handlu wewnątrzgałęziowego.
Źródło:
Acta Universitatis Lodziensis. Folia Oeconomica; 2015, 5, 316
0208-6018
2353-7663
Pojawia się w:
Acta Universitatis Lodziensis. Folia Oeconomica
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Polityka fiskalna i monetarna na etapie dochodzenia do strefy euro
Fiscal and monetary policy in the catching up period to the eurozone
Autorzy:
Bąk, Henryk
Powiązania:
https://bibliotekanauki.pl/articles/446966.pdf
Data publikacji:
2015
Wydawca:
Mazowiecka Uczelnia Publiczna w Płocku
Tematy:
fiscal and monetary policy
eurozone
Mundell-Fleming model
Opis:
In the paper, constraints in the field of fiscal and monetary policy in the context of European Union's nominal convergence criteria has been analysed and confronted with theoretical view concerning the stimulating of economic growth in Mundell-Fleming model. The main thesis of the paper is to show that the meeting of the nominal convergence criteria requires restrictive monetary and fiscal policy and that is contradiction on the thesis of Mundell-Fleming model concerning the economic growth stimulating and economic balance in small open economy maintaining.
Źródło:
Zeszyty Naukowe PWSZ w Płocku. Nauki Ekonomiczne; 2015, 2(22); 59-73
1644-888X
Pojawia się w:
Zeszyty Naukowe PWSZ w Płocku. Nauki Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
European Identity in Times of Crises
Autorzy:
Šejvl, Michal
Powiązania:
https://bibliotekanauki.pl/articles/558191.pdf
Data publikacji:
2019
Wydawca:
Uniwersytet Warszawski. Centrum Europejskie
Tematy:
European Identity;
European Union Crisis;
Migrations;
Brexit;
Eurozone;
Opis:
This essay tries to discuss three possible models of common European identity based on shared political values, shared economic interests and shared cultural heritage in our actual situation when Europe is suffering from many crises or their aftermaths (Eurozone crisis, migration crisis or Brexit crisis). The first non-exclusive “thin” identity model is based on many essentially contested concepts (in the essay demonstrated on the concept of human dignity) and its major weakness lies in the fact that many of these values are eroding in our practices, not only in the “new” EU member states. The approach based on shared pragmatic interests does not produce strong moral commitments, but the real problem of this model is that since the beginning of 1970s one of the truly European “innovations” – its post-war model of welfare state – is put into question (The essay tries to demonstrate it using the theory of Wolfgang Streeck). The common cultural heritage model that can produce “thick” identity is on the first sight the most difficult to build because of the almost insurmountable plurality between European cultures. However, the shared culture can produce cosmopolitan “identity in diversity”, but only if material conditions for the creation of this “fragile” or “delicate” identity model are created in some form of reinvented welfare state that could liberate us from many fears we have.
Źródło:
Studia Europejskie - Studies in European Affairs; 2019, 1; 13-26
1428-149X
2719-3780
Pojawia się w:
Studia Europejskie - Studies in European Affairs
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Unia Gospodarcza i Walutowa. Perspektywa dla Polski
Autorzy:
Tomaszewski, Marcin
Powiązania:
https://bibliotekanauki.pl/articles/630007.pdf
Data publikacji:
2016
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
Economic and Monetary Union (EMU), History, Eurozone, Convergence
Opis:
The papers recalls the history of EMU, analyses its present and speculates on the future
Źródło:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace; 2016, 2; 139-155
2082-0976
Pojawia się w:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Polityka informacyjna Komisji Europejskiej w latach 2010–2014
The European Commission’s Information Policy in 2010–2014
Autorzy:
Ogonowska, Anna
Powiązania:
https://bibliotekanauki.pl/articles/558193.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Warszawski. Centrum Europejskie
Tematy:
European Commission
Information policy
Drop in trust
Eurozone crisis
Opis:
The article refers to the information policy conducting by the European Commission in 2010–2014. In examined period the European Union faced the Eurozone crisis and substantial drop in trust in itself and its institutions. The paper looks for answers a question „in which way the European Commission information policy has coped with these two problems”. In order to fi nd the answer it was reminded the ways the European Commission in its information policy reacted to crisis situations in 1993–2009 and then it was compared to its response to the last crisis. The analysis has encompassed the structure of institutions responsible for the policy execution, the strategic documents, the main information initiatives and cooperation with the member states. In the results it was established that in examined period the European Commission did not present true plan of information activities which would be able to support the process of overcoming the crisis. The process of minimisation of the information activities was also noticed clearly what proves the unbelief in its effectiveness. This is demonstrated also by institutional solutions in the European Commission. The information policy from the priority position was put on the sidelines of the European Union interests.
Źródło:
Studia Europejskie - Studies in European Affairs; 2016, 1; 165-186
1428-149X
2719-3780
Pojawia się w:
Studia Europejskie - Studies in European Affairs
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Supernadzór bankowy w strefie euro
Banking Supervision in Euro Zone
Autorzy:
Szustak, Grażyna
Powiązania:
https://bibliotekanauki.pl/articles/592996.pdf
Data publikacji:
2013
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Banki
Nadzór bankowy
Strefa euro
Bank supervision
Banks
Eurozone
Opis:
One of the foundations published by European Commission for banking union, is fairly controversial conception of foundation within its structure common banking supervision (so-called banking uniform mechanism) performed by European Central Bank. Expected contribution of new institution is to increase financial security of European banks, restore confidence to financial sector and protect it against successive crisis. The aim of this paper is to present the main points of contention for planned project including: supervision location within EBC structure, reduction of non-EURO countries role to the observers in new supervision board of directors, inaccurate roles of future supervision and subjective scope of its actions. It has been also attempted to answer the fundamental question: if creation of banking union is possible in coming years, taking into consideration an import rank of dilemmas mentioned in the paper and others as well (joint guarantee fund, joint rescue fund) for all European Union members which are defending national interests and present different positions in that case.
Źródło:
Studia Ekonomiczne; 2013, 173; 214-224
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Impact of the COVID-19 Pandemic on the Consumer Credit Market in Eurozone Countries
Autorzy:
Puszer, Blandyna
Czech, Maria
Powiązania:
https://bibliotekanauki.pl/articles/2176720.pdf
Data publikacji:
2021
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
consumer credit market
household
COVID-19
pandemic
Eurozone countries
Opis:
Theoretical background: The problem of the impact of the pandemic on the consumer credit market in Eurozone countries is important both from a cognitive point of view and from the perspective of economic practice. The current state of knowledge on the consumer credit market situation in Eurozone countries is incomplete. It is more common to find works concentrating on the effect of the pandemic on the consumer credit regulations, on the banking sector, or on evaluation of the consumer credit market situation in selected Eurozone countries, selected European countries or Europe as a whole. As a result, many accounts of the impact of the pandemic on consumer credit can be found, but there are no studies presenting the situation of the consumer credit market in Eurozone countries during COVID-19 in a comprehensive and integrated manner, simultaneously combining theoretical aspects and research results.Purpose of the article: This study has two objectives. The main objective was to examine the impact of the COVID-19 pandemic on the value of consumer credit in Eurozone countries. The specific objective was to examine the dynamics and directions of changes in the value of consumer credit during the pandemic in the Eurozone. The study hypothesis is that COVID-19 has determined the amount of household consumer credit debt in Eurozone countries, but that the determinants of this debt and the direction and strength of their impact are diverse.Research methods: The achievement of the objectives and hypothesis verification was based on a critical analysis of source texts and on quantitative research, in which time series analysis and multiple linear regression analysis were used.Main findings: It has been proven that the pandemic has influenced the tendency of households to take out credit, as well as the propensity of banks to grant credit, and that it therefore has affected the behaviour of both borrowers and lenders. We also showed that in periods of increased COVID-19 transmission, there was a low propensity for using credit, while in periods of relative suppression of COVID-19 symptoms, this tendency increased. It also has been proven that COVID-19 has unevenly affected the value of loans across countries. A significant difference was observed in the strength of the impact of individual independent variables on the value of consumer credit in the Eurozone, as well as a different direction of correlation between the variables. Moreover, significant differences were found in the number of variables influencing the value of consumer loans in individual Eurozone countries.
Źródło:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia; 2021, 55, 4; 49-71
0459-9586
2449-8513
Pojawia się w:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Instytucje shadow banking w systemie finansowym obszaru euro – cechy, zakres, kontrowersje
Shadow banking in the eurozone
Autorzy:
Marszałek, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/11364443.pdf
Data publikacji:
2018
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
shadow banking
financial systems
financial stability
financial regulations
eurozone
Opis:
The article provides an overview of the shadow banking in the euro area. Shadow banking refers to the system of financial intermediation that involves entities outside of traditional banking regulations. The paper begins with the presentation of the post-crisis tendencies in the financial systems worldwide, with particular attention given to the banking sectors. In the next section, the author presents the size and dynamics of shadow banking, discusses the threats identified by the EU and the concerns regarding the risks this sector poses to the financial system.
Źródło:
Studia BAS; 2018, 1(53); 25-44
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Znaczenie inwestorów instytucjonalnych w finansjalizacji strefy euro
Autorzy:
Karaś, Piotr
Kravchuk, Igor
Powiązania:
https://bibliotekanauki.pl/articles/609786.pdf
Data publikacji:
2015
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
institutional investors
Eurozone
financialization
inwestorzy instytucjonalni
strefa euro
finansjalizacja
Opis:
The term “institutional investor” is not unequivocal. However, the semantic differences occurring in the legal acts and literature do not mean that this group cannot be a subject of scientific research. The analysis of the financial depth of the Eurozone economy and cluster analysis based on indicators of the financial structure of individual countries of the euro area show an increasing financialization, the process in which institutional investors play an important role.
Określenie „inwestor instytucjonalny” nie jest jednoznaczne. Semantyczne różnice występujące w aktach prawnych i literaturze nie oznaczają jednak, że grupa ta nie może być przedmiotem badań naukowych. Analiza głębokości finansowej gospodarki strefy euro oraz analizy skupień na podstawie wskaźników struktury finansowej poszczególnych krajów strefy euro wskazuje na rosnącą finansjeryzację – proces, w którym inwestorzy instytucjonalni mają do odegrania ważną rolę.
Źródło:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia; 2015, 49, 4
0459-9586
Pojawia się w:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Debt Reduction in the Eurozone
Autorzy:
Sawicki, Janusz
Powiązania:
https://bibliotekanauki.pl/articles/953225.pdf
Data publikacji:
2011-08-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
sovereign debt crisis
bailout
debt reduction
eurozone
peripheral countries
Opis:
When the Greek crisis exploded in the spring of 2010 the eurozone countries collected funds to refinance Greece’s debt in order to stave off a banking crisis. Later Ireland and Portugal asked for similar eurozone assistance. Because refinancing (bailout) was not sufficient to enable these peripheral countries to solve their debt problems, they agreed to implement austerity programs so that they could use eurozone countries’ public funds. But these austerity measures, even if politically affordable, will not suffice. It is exceedingly possible that the peripheral countries will not outgrow their problems and will be unable to return to capital markets at their pre-crisis levels. Their debt-to-GDP as well as debt services-to-income ratios are likely to grow and additional debt reorganization programs including debt reduction (haircut) will be required. At the heart of the issue is the potential impact of a reduction of the peripheral economies’ debt on the monetary financial institutions of all European Union countries. As a result of the restructuring and partial debt reduction, banks may need to receive public support. To address these problems a new solution in the form of the European Stability Mechanism (EMS) has been proposed. It is expected to change the way in which the eurozone functions. However, the EMS idea is based on the same philosophy as the existing bailout instruments. It does not address the equal treatment and moral hazard issues, while the conditionality programs proposed so far have not softened the adverse impact of the growing debt burden on the economic performance of the debt-laden countries. The entire European Union financial system is at risk and remains vulnerable as long as the refinancing mechanisms are not supported by debt restructuring and reduction. Debt managers do not seem to know how to draw on past experience and so ad hoc measures prevail. To effectively manage that kind of debt reorganization, the European Union should create the necessary procedures to efficiently address the economic future of all heavily indebted economies. The EU should also be prepared politically to accept the costs of debt reduction or of a fundamental reorganization of the eurozone.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2011, 249, 7-8; 1-20
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Dispute over European Union and Eurozone Crisis in the Light of Selected Theories of European Integration
Autorzy:
Staszczyk, Artur
Powiązania:
https://bibliotekanauki.pl/articles/2031831.pdf
Data publikacji:
2014-12-31
Wydawca:
Wydawnictwo Adam Marszałek
Tematy:
European Union
eurozone
theories of European integration
debt crisis
Opis:
The study tackles the issue of applying respective theories of European integration to explain the processes occurring in the EU, and in particular, in the debt-wrecked eurozone. In the author’s view, the eurozone crisis revived the dispute over the shape of EU. On one hand, it is the supranational neofunctionalism and on the other, state-centric intergovernmentalism views clashing with one another. The author believes that the key theory that successfully explains the member states’ behavior in face of eurozone crisis is the intergovernmentalism theory. It assumes the primacy of nation-state and its interests in the process of European integration. This is particularly apparent in the time of crisis when supranational mechanisms typical of neofunctionalist theory serve solely the purpose of legitimizing national interests of the economically strongest EU members.
Źródło:
Reality of Politics; 2014, 5; 81-94
2082-3959
Pojawia się w:
Reality of Politics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Rynek finansowy Unii Europejskiej – wyzwania
Challenges to financial markets in the EU
Autorzy:
Mikita, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/16539519.pdf
Data publikacji:
2012
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
financial policy
EU financial market
eurozone
financial crisis
financial stability
Opis:
In this article, the author focuses on two challenges that aim to increase the security of the EU’s financial market operations: namely, more effective supervision of financial conglomerates at the EU level, and improving the transparency of sovereign wealth funds (SWFs). The first part of the article presents the EU actions with regard to financial market integration; i.e., current integration activities and planned changes to European financial market regulations. The second part looks at the challenges facing financial markets in the European Union. The author concludes that the main priority for the EU should be strengthening its economic governance and ensuring stability of its operations.
Źródło:
Studia BAS; 2012, 3(31); 29-42
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wpływ wprowadzenia euro na handel państw członkowskich unii monetarnej
The impact of the euro introduction on the trade in the monetary union member states
Autorzy:
Pukin, Paulina
Powiązania:
https://bibliotekanauki.pl/articles/449292.pdf
Data publikacji:
2019-12-31
Wydawca:
Instytut Badań Gospodarczych
Tematy:
euro
strefa euro
handel
efekt euro
Eurozone
trade
euro effect
Opis:
Motywacja: Zgodnie z nową teorią optymalnego obszaru walutowego, ujednolicenie waluty powinno przyczynić się do zwiększenia powiązań gospodarczych państw członkowskich. W literaturze przedmiotu efekt kreacji handlu, powstały w wyniku wprowadzenia euro, nazywany jest efektem euro. Mimo, że istnieje bardzo dużo opracowań na temat tego efektu oraz wielu związanych z nim aspektów, trudno jest jednoznacznie ustalić jego rozmiar, zwłaszcza dla państw Europy Środkowej i Wschodniej, które w latach 2007–2015 wprowadziły euro. Cel: Celem artykułu jest zaprezentowanie zestawienia badań ekonomistów specjalizujących się w badaniach dotyczących efektu euro oraz wyników własnej analizy statystycznej. Materiały i metody: Wykorzystano krytyczną analizę literatury przedmiotu, zarówno polskojęzycznej, jak i zagranicznej oraz analizę statystyczną, opartą na danych Banku Światowego. Wyniki: Efekt euro niewątpliwie występuje, jednak trudno jednoznacznie określić jego rozmiar. Jego wielkość jest zróżnicowana pod względem sektorowym. Ponadto, można zauważyć zróżnicowany wpływ wprowadzenia euro na handel poszczególnych państw członkowskich unii walutowej, który zależny jest od kilku czynników, tj. momentu wprowadzenia euro, wielkości rynku, otwartości gospodarczej państw i specjalizacji oraz rozdrobnienia produkcji poszczególnych gospodarek.
Motivation: According to the new theory of the optimal currency area, the unification of the currency should contribute to increasing the economic ties of the Member States. In the literature on the subject, the effect of trade creation, resulting from the introduction of the euro, is called the euro effect. Although there are a lot of studies on this effect and many aspects related to it, it is difficult to clearly determine its size, especially for the countries of Central and Eastern Europe that introduced the euro in 2007–2015. Aim: The aim of the article is to present a list of studies of economists specializing in research on the euro effect and the results of own statistical analysis. Materials and methods: A critical analysis of the literature on the subject, both Polish and foreign, and statistical analysis based on the World Bank data were used. Results: The euro effect undoubtedly occurs, however it is difficult to clearly determine its size. It is diversified in terms of the sector. In addition, one can notice the diversified impact of the euro introduction on the trade of the monetary union individual members, which depends on several factors, i.e. the moment the introduction of the euro, market size, economic openness of countries and the specialization, and the fragmentation of production of individual economies.
Źródło:
Catallaxy; 2019, 4, 2; 113-122
2544-090X
Pojawia się w:
Catallaxy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Kryzys bankowy jako główna przyczyna kryzysu w strefie euro
Autorzy:
Sławiński, Andrzej
Powiązania:
https://bibliotekanauki.pl/articles/609951.pdf
Data publikacji:
2015
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
Eurozone crisis, banking reform
kryzys w strefie euro, reforma bankowości
Opis:
The global banking crisis which caused the Eurozone crisis was unexpected. Before the banking crisis started, the prevailing view was that due to scientific advances in risk management banks would be able to continuously adjust their potential losses to their capital in order to avoid insolvency. This conviction turned out to have been false following the emergence of large financial holdings which were too big and too interconnected to be efficiently managed and supervised. In the paper it is argued that an effective banking reform should impose a strict separation between commercial, investment and mortgage banks (at least within the existing financial holdings) to make them more manageable and resolvable. The proposed reform of the European banking system, put forward in Liikanen Report, is still insufficient to shield the Eurozone from subsequent banking crises which might endanger its stability and growth prospects.
Artykuł nie zawiera abstraktu w języku polskim.
Źródło:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia; 2015, 49, 2
0459-9586
Pojawia się w:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wpływ kryzysu gospodarczego na potencjalne członkostwo Polski w trzecim etapie Unii Gospodarczej i Walutowej
Autorzy:
Stryjek, Joanna
Powiązania:
https://bibliotekanauki.pl/articles/630118.pdf
Data publikacji:
2011
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
Economic crisis; Economic and Monetary Union (EMU); Budget deficit; Eurozone
Opis:
The continuous uncertainty concerning the final consequences of the economic crisis in the Eurozone, as well as the level of recession in Poland, increase the risk of introducing the common currency and giving up the monetary policy instruments. However, the Polish economy and the economy of the Eurozone are so much interrelated that an emergence of a deep recession in the EMU which would be able to sidestep Poland is hardly probable. Hence, the influence of the current economic crisis on the Polish membership in the Eurozone should be analyzed mainly from the point of view of Poland's ability to ful%ll the convergence criteria under the economic slowdown. Such an analysis is the aim of this article. The biggest challenge for Poland is a substantial reduction in the budget deficit. In 2010 the budget deficit in Poland - instead of decreasing (as it was planned in the Polish "Convergence Programme") - continued to increase. Growing budget deficit means an increase in the public debt. Furthermore, the inability to fulfill the fiscal criterion leads to the serious problems concerning the other convergence criteria (that is, the level of nominal interest rates and the stability of the exchange rate). Moreover, under such circumstances it would be dificult for the fiscal policy to play the role of so-called stabilizer if Poland decided to enter ERM II (and such a role would be very helpful regarding the limited autonomy of the monetary policy).
Źródło:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace; 2011, 2; 31-53
2082-0976
Pojawia się w:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Tendencje zjawiska bezrobocia długookresowego w krajach strefy euro
Trends in Long-Term Unemployment in the Eurozone
Autorzy:
Włodarczyk, Robert W.
Powiązania:
https://bibliotekanauki.pl/articles/591408.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Bezrobocie
Bezrobocie długotrwałe
Strefa euro
Eurozone
Long-term unemployment
Unemployment
Opis:
Labour markets in the Eurozone have not yet recovered from the global crisis that hit the world economy in late 2008. Across the Eurozone, the reduction of long-lasting unemployment is a priority for citizens and policymakers alike. The persistence of a large number of long-term unemployed persons over long periods of time generates huge social as well as economic costs in the Eurozone. We discuss about long-term unemployment in Euro countries over the period from 1995 to 2012. One of the characteristics of the recent recession (2008-2012) was the unprecedented rise in long-term unemployment in PIIGS countries in the Eurozone. The trend in long-term unemployment varied between "core" countries and PIIGS countries.
Źródło:
Studia Ekonomiczne; 2014, 196; 31-41
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Germanys attitude towards the enlargement of the eurozone
Autorzy:
Płóciennik, Sebastian
Powiązania:
https://bibliotekanauki.pl/articles/1837701.pdf
Data publikacji:
2021-03-30
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
eurozone
enlargement
Central and Southern Europe
European Union
diefrentiated integration
Opis:
The purpose of this paper is to answer the question as to why Germany is cautious towards a faster enlargement of the euro area. The usual explanation focuses on concerns that some of the candidate countries are not economically ready to adopt the common currency and their membership could destabilize the monetary union. However, such an approach does not take into account other factors that may influence Germany's reluctance to speed up the enlargement process. One of them is the conviction that the existing division of integration does not translate into economic costs and a long-term political cleavage in the EU. Another argument explaining Germany's position is their doubt about the economic policy preferences of the candidates which may prove to be crucial in the upcoming reform of the euro area governance. Some of them can drift towards more interventionism and support for the debtors' positions which is at odds with German interest.
Źródło:
Economics and Business Review; 2021, 7, 1; 47-67
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Integracja inwestorów instytucjonalnych w strefie euro
Integration of Institutional Investors in the Eurozone
Autorzy:
Kravchuk, Igor
Karaś, Piotr
Powiązania:
https://bibliotekanauki.pl/articles/440216.pdf
Data publikacji:
2016
Wydawca:
Akademia Finansów i Biznesu Vistula
Tematy:
strefa euro
inwestorzy instytucjonalni
integracja finansowa
Eurozone
institutional investors
financial integration
Opis:
Inwestorzy instytucjonalni to podmioty, które pozyskują środki od tzw. drobnych inwestorów i inwestują je na rynkach fi nansowych. Ze względu na charakter działalności kluczowe znaczenie dla ich funkcjonowania mają procesy integracji rynków finansowych. Celem pracy jest próba odpowiedzi na pytanie o integrację inwestorów instytucjonalnych w strefie euro. Praca składa się z: (1) części wprowadzającej, w której – na podstawie literatury przedmiotu – przedstawiono determinanty integracji inwestorów instytucjonalnych w kontekście integracji rynków finansowych; (2) części poświęconej przybliżeniu działań legislacyjnych w UE, których początek sięga lat 60. XX wieku, a zmierzających obecnie do utworzenia unii bankowej i unii rynków kapitałowych; (3) części empirycznej, w której badany jest poziom integracji finansowej zarówno transgranicznej, jak i międzysektorowej w strefie euro. Przeprowadzone badania pozwalają na postawienie wniosku, że integracja inwestorów instytucjonalnych w strefie euro jest zjawiskiem dynamicznym zarówno na poziomie legislacyjnym, jak i faktycznym.
Institutional investors are the entities which acquire funds from the so-called small investors and invest them in financial markets. Having in mind the nature of activities, of the key importance for their functioning are the processes of integration of financial markets. An aim of the study is an attempt to answer the question of integration of institutional investors in the euro area. The work consists of the following parts: (1) the introductory part where – based on the subject literature – there are presented the determinants of integration of institutional investors in the context of financial markets integration; (2) the part devoted to approximation of legislative measures in the EU whose onset goes back to the 1960s and which currently aim at setting up a banking union and a capital market union; (3) the empirical part where there is investigated the level of financial integration both of the cross-border and cross-sectoral nature in the Eurozone. The carried out surveys allow concluding that integration of institutional investors in the Eurozone is a dynamic phenomenon both at the legislation and actual level.
Źródło:
Kwartalnik Naukowy Uczelni Vistula; 2016, 1(47); 83-93
2084-4689
Pojawia się w:
Kwartalnik Naukowy Uczelni Vistula
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
How to Repair the Eurozone? And What Will Happen if We Fail?
Autorzy:
Rostowski, Jacek
Powiązania:
https://bibliotekanauki.pl/articles/485318.pdf
Data publikacji:
2015
Wydawca:
Bankowy Fundusz Gwarancyjny
Tematy:
Eurozone
Economic recession
Conference materials
Strefa euro
Recesja gospodarcza
Materiały konferencyjne
Opis:
Therefore, I believe that the minimum requirement for a sustained eurozone recovery is the creation of two mechanisms - (1) the option to rescue or secure the presence of a given country in the eurozone by an unlimited purchase of its government bonds by the European Central Bank; and (2) the mechanism of taking a political decision on a country leaving the eurozone. Both these mechanisms require treaty change, and it is clear that such changes will not be easy to achieve. (fragment of text)
Źródło:
Bezpieczny Bank; 2015, 3 (60); 19-22
1429-2939
Pojawia się w:
Bezpieczny Bank
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Does it pay to be good? An analysis of vice and virtue stock performance in the Eurozone
Autorzy:
Vide, Toni
Powiązania:
https://bibliotekanauki.pl/articles/482961.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
Tematy:
CAPM
Eurozone
Four factor model
Sharpe ratio
Virtue stocks
Vice stocks
Opis:
This paper provides a performance analysis of vice and virtue stocks in the Eurozone for the period between January 2005 and December 2014. In order to do so, a vice index is created consisting out of listed Eurozone companies, operating in selected vice industries and is subsequently matched with a corresponding virtue index, which for the purpose of this analysis is represented by the DJSI Eurzone. The tools used to conduct the performance evaluation are the Sharpe ratio, the Capital asset pricing model and the Carhart’s four-factor model. The analysis indicates, no consistent out- or under- performance of one or the other index, yet the realized performance over the whole period favours the vice index. Consequently one can conclude, that from a statistical point of view, there is no substantial advantage or disadvantage in being “good” when investing into stocks, as such it is a matter of investor preference, with the note that historical returns do favour vice stocks.
Źródło:
Faculty of Management Working Paper Series; 2016, WPS 1/2016; 1-18
2300-4371
Pojawia się w:
Faculty of Management Working Paper Series
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Does it pay to be good? An analysis of vice and virtue stock performance in the Eurozone
Autorzy:
Vide, Toni
Powiązania:
https://bibliotekanauki.pl/articles/565650.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
Tematy:
CAPM
Eurozone
four-factor model
Sharpe ratio
virtue stocks
vice stocks
Opis:
This paper provides a performance analysis of vice and virtue stocks in the Eurozone for the period between January 2005 and December 2014. In order to do so, a vice index consisting of listed Eurozone companies operating in selected vice industries is created and subsequently matched with a corresponding virtue index, which for the purpose of this analysis is represented by the DJSI Eurozone. The tools used to conduct the performance evaluation are the Sharpe ratio, the capital asset pricing model and the Carhart four-factor model. The analysis indicates no consistent outperformance or underperformance of one or the other index, yet the realised performance over the whole period favours the vice index. Consequently, it can be concluded that from a statistical point of view, there is no substantial advantage or disadvantage in being “good” when investing into stocks, as such it is a matter of investor preference, with the note that historical returns do favour vice stocks.
Źródło:
Journal of Banking and Financial Economics; 2016, 2(6); 113-125
2353-6845
Pojawia się w:
Journal of Banking and Financial Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Kryzys strefy euro. Przypadek Grecji
The Eurozone Crises. The Case of Greece
Autorzy:
Bilski, Janusz
Janicka, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/596029.pdf
Data publikacji:
2015
Wydawca:
Łódzkie Towarzystwo Naukowe
Tematy:
kryzys
strefa euro
Grecja
integracja walutowa
crisis
Eurozone
Greece
monetary integration
Opis:
Celem artykułu jest próba zdefiniowania uwarunkowań wybuchu kryzysu w strefie euro, ze szczególnym uwzględnieniem Grecji, której obecna sytuacja gospodarcza stawia pod znakiem zapytania perspektywy przystąpienia do strefy euro krajów takich jak Polska. Nasze badania wskazują, że przyczyny kryzysu w Grecji można rozpatrywać dwutorowo – jako pochodną uwarunkowań zewnętrznych i wewnętrznych. Pod pojęciem uwarunkowań zewnętrznych rozumiemy mechanizmy działania strefy euro, zaś pod pojęciem uwarunkowań wewnętrznych – sposób funkcjonowania greckiej gospodarki. Analiza tych dwóch grup przyczyn wskazuje, że grupą dominującą jest zdecydowanie mechanizm działania strefy euro. Uważamy, że strefa euro w obecnym kształcie nie może sprawnie funkcjonować. W związku z powyższym albo integracja w ramach strefy zostanie pogłębiona, albo należy ponownie rozważyć przyjęte koncepcje działania strefy euro i zaproponować rozwiązania dające państwom członkowskim strefy więcej narzędzi polityki gospodarczej, dzięki którym mogłyby przeciwdziałać niekorzystnym zjawiskom w gospodarce krajowej.
This article attempts to define the causes of the outbreak of the crisis in the euro zone, with particular emphasis on Greece. The current economic situation of this country calls into question the prospects for accession of the Eurozone countries, for example Poland. Our research shows that the causes of the crisis in Greece can be considered in two ways – as a derivative of external and internal conditions. The term external conditions we understand as the mechanisms of the Eurozone’ functioning and the term of internal conditions – functioning of the Greek economy. Analysis of these two groups indicates that the mechanism of the Eurozone’ functioning is definitely the dominant group. In our opinion the Eurozone cannot function efficiently in its current form. In view of the above, either the integration within the zone will be deepened, or concepts concerning the mechanism of the Eurozone should be reconsidered and proposed solutions which gave the Member States more economic tools, so that they could counteract the negative phenomena in the national economy.
Źródło:
Studia Prawno-Ekonomiczne; 2015, XCVII; 199-215
0081-6841
Pojawia się w:
Studia Prawno-Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Handel zagraniczny Polski w warunkach kryzysu w strefie euro
Polish Foreign Trade During the Crisis in the Euro Area
Autorzy:
Fronczek, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/587704.pdf
Data publikacji:
2013
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Handel zagraniczny
Kryzys finansowy
Strefa euro
Eurozone
Financial crisis
Foreign trade
Opis:
The purpose of this paper is analysis of the changes in Poland's foreign trade between 2006 and 2010. The euro-area countries are the most important Polish trade partners. The main effect of the financial crisis in this area (which has appeared in 2008) was decreasing of the GDP growth rate in all member countries of the UE. Polish foreign trade turnovers also decreased in 2009: exports about 20%, imports about 30% (comparing to previous year). The analysis indicates that mentioned crises didn't change the structure of our exports and imports but generally the value of our turnovers significantly decreased. In researched years the geographical directions of Polish foreign trade has changed a bit, because the share of China has increased. But basing on the data in this paper, it is not possible to ascertain that it is the effect of the crises in euro-area
Źródło:
Studia Ekonomiczne; 2013, 170; 81-94
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Unia na rozdrożu – refleksje o przyszłości integracji europejskiej – 60-lecie Traktatów Rzymskich
European Union at the Crossroads – Reflections on the Future of European Integration on the Occasion of the 60th Anniversary of the Treaties of Rome
Autorzy:
Wieczorek, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/416485.pdf
Data publikacji:
2017-08
Wydawca:
Najwyższa Izba Kontroli
Tematy:
Treaties of Rome
European integration
Eurozone
member states
future of EU
Opis:
The founders of the European Union, while signing the Treaties of Rome on 25th March 1957, foresaw that the construction of the united Europe would be accompanied by internal conflicts and crises. They believed that such temporary difficulties would not stop the integration process, but would rather strengthen the feeling of solidarity. However nowadays, when the emerging problems seem to question the future of the EU, it is not sure whether Europe will overcome them being more united indeed. In his article, the author discusses the most important political conditions that influence the debate on the future of the Union, he presents alternative scenarios of the further development of the European integration process in the perspective of the year 2025, and he attempts to set a potential place of Poland in the changing Europe.
Źródło:
Kontrola Państwowa; 2017, 62, 4 (375); 139-161
0452-5027
Pojawia się w:
Kontrola Państwowa
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Być czy nie być w strefie euro?
To be or not to be in the eurozone?
Autorzy:
Sobiecki, Roman
Powiązania:
https://bibliotekanauki.pl/articles/697808.pdf
Data publikacji:
2017
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
euro
Eurozone
exchange rate
European Union
strefa euro
kurs wymiany
Unia Europejska
Opis:
The essay deals with controversies related to the possibility of changing Polish złoty to the euro. The Author recalls the history of creation of the European Union, then the euro area, and discusses the dilemmas associated with determining the level of a potential exchange rate, highlighting at the same time, the importance of this rate for the Polish companies and their future competitiveness.
Tematem eseju są kontrowersje związane z możliwością zamiany przez Polskę złotego na euro. Przypominając historię powstania Unii Europejskiej, następnie strefy euro, autor omawia dylematy związane z ustalaniem poziomu kursu ewentualnej wymiany. Podkreśla przy tym, jakie ten kurs będzie miał znaczenie dla polskich przedsiębiorstw i ich przyszłą konkurencyjność.
Źródło:
Kwartalnik Nauk o Przedsiębiorstwie; 2017, 42, 1; 4-7
1896-656X
Pojawia się w:
Kwartalnik Nauk o Przedsiębiorstwie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
On the Causes of the Eurozone Crisis
O przyczynach kryzysu w strefie euro
Autorzy:
Serwach, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/646285.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
strefa euro
kryzys finansowy
bilans płatniczy
Eurozone
financial crisis
balance of payments
Opis:
Celem artykułu jest przedstawienie przyczyn kryzysu finansowego w strefie euro w podziale na dwie ich kategorie: przyczyny bezpośrednie i fundamentalne. W odniesieniu do pierwszej z nich saldo rachunku obrotów bieżących powinno być postrzegane jako kluczowa determinanta dynamiki PKB w strefie euro w latach 2008–2012. Z kolei najważniejszymi czynnikami fundamentalnymi okazały się te, które były związane ze strukturą rynku i jakością infrastruktury instytucjonalnej.
The paper examines the causes of the Eurozone crisis – they are divided into two categories: proximate and fundamental causes. Regarding the former, it seems that the current account balance should be seen as a crucial determinant of the GDP dynamics of the Eurozone members during 2008–2012. As far as the fundamental causes are concerned, the financial market structure and institutional quality measures are of the highest explanatory power. Econometric results indicate that measures taken to tackle the crisis (austerity and internal devaluation) may be ineffective in restoring growth and stability.
Źródło:
Ekonomia Międzynarodowa; 2016, 16; 332-349
2082-4440
2300-6005
Pojawia się w:
Ekonomia Międzynarodowa
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Skutki przyjęcia euro w Polsce w ocenach studentów
The Implications of Poland’s Planned Adoption of the Euro According to College Students
Autorzy:
Skawińska, Eulalia
Brzeczek, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/574666.pdf
Data publikacji:
2008-12-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
eurozone
benefits and costs of introducing the euro
consumer expectations
social communication
Opis:
Many researchers have analyzed the benefits and costs of the planned introduction of the single European currency in Poland. But the results of these analyses have varied, depending on whether they applied to the average consumer, especially in the short term, or the economy as a whole. The paper looks at the concerns and hopes of Polish college students in the context of the planned adoption of the euro in Poland. Both full- and part-time students-representing a large and well-educated group of consumers-were asked about the costs and benefits of the move for Polish consumers. The poll covered 446 students from five university-level schools in the western city of Poznań. The authors also examined the relationship between the respondents’ knowledge and their assessment of the plan to introduce the single European currency in Poland. The answers given by students in individual schools were compared and analyzed. On the basis of their analysis the authors come up with a number of recommendations on how the government should pursue its social communication policy as far as the planned adoption of the euro in Poland is concerned. A clear position of the government is needed on the country’s preparations for adopting the euro and a concrete date of when this can happen, the authors say. It is necessary to tell the public about the benefits of introducing the euro, dispel unjustified worries involving issues such as price convergence, and counteract real threats posed by factors such as inflation stimulated by the conversion of prices and intensified economic emigration. Overall, the authors say, the analysis shows that the students are aware of the need for reforms in the Polish economy, especially with regard to the labor market.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2008, 228, 11-12; 115-124
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Przesłanki i wyzwania poszukiwania nowej roli międzynarodowej Niemiec w dobie narastających kryzysów Unii Europejskiej – wybrane problemy badań i praktyki politycznej w XXI wieku
Premises and challenges of the quest for Germany’s new international role in the era of growing crises in the European Union – the selected problems of studies and political practice in the 21st century
Autorzy:
Cziomer, Erhard
Powiązania:
https://bibliotekanauki.pl/articles/505827.pdf
Data publikacji:
2016
Wydawca:
Krakowska Akademia im. Andrzeja Frycza Modrzewskiego
Tematy:
international role
Germany
leadership
crisis
eurozone
illegal migration
scientifi cresearches
political practice
Opis:
The article attempts to synthetically analyze the premises and challenges involving Germany’s search for new international role and responsibility in the era of snowballing crises afflicting the European Union. The basic task of the analysis is to show the interdependence between various aspects of theoretical and applied studies as well as their impact on practical formulation of Germany’s international position in the 21st century by the subsequent federal governments on the examples of the eurozone crisis (2010–2015) and the EU’s migration crisis lasting since the midst of the 2015. The text consists of three parts, in which the following issues were presented in sequence: 1) the general premises of the evolution of the unifi ed Germany’s international role; 2) the hunt for new international role and responsibility of Germany in the context of attempts to solve the eurozone crisis after 2010; 3) the challenges for German leadership in the EU with particular reference to the chancellor Angela Merkel’s role in migration crisis of 2015/2016. The principal thesis of the paper is as follows: Due to the giant economic-fi nancial potential as well as the important position within the EU, Germany played a crucial role in the endeavours to fi nish the crisis and to stabilize the eurozone after 2010. However, the serious diffi culties accompanying massive infl ow of illegal refugees to Germany and the entire Europe since the half of 2015, which so far have not been unambiguously solved, are truly enormous challenges for the German and chancellor Angela Merkel’s leadership in the EU.
Źródło:
Krakowskie Studia Międzynarodowe; 2016, 1; 21-47
1733-2680
2451-0610
Pojawia się w:
Krakowskie Studia Międzynarodowe
Dostawca treści:
Biblioteka Nauki
Artykuł

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