Publication detail

The Age of the Euro: Achievements and setbacks of single European currency

Author(s): prof. Ing. Oldřich Dědek CSc.,
Type: Monograph
Year: 2014
Number: 0
ISSN / ISBN: 978-80-7201-933-5
Published in: Linde Praha
Publishing place: Praha
Keywords: euro, ECB, Euro Area enlargement, financial crisis, debt crisis, adjustment program, economic governance
JEL codes:
Suggested Citation:
Abstract: The book builds on the previous study History of European monetary integration: from national currencies to the euro (C.H. Beck, Prague, 2008). Its aim is to explain the main events that surrounded the common European currency since its birth in January 1999 to the end of 2013, when the Euro Area was still getting out of the profound debt crisis. The History II is not limited to simple enumeration of historical facts. It strives for their critical evaluation, without denying the role of single currency as one of the driving forces of the European integration process. On the background of historical events the reader may recall a number of disputes about benefits and costs of single currency that changed content in the course of its real existence and undergone an unprecedented boom during the period of sharp financial, economic and debt crises. The ideas are presented in the spirit of practical monetary policy, purposefully framed by the process of European monetary integration.

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