Financial Stability In The Eurozone

Zielinska-Lont, Klaudia

dc.contributor.author	Zielinska-Lont, Klaudia	en
dc.date.accessioned	2016-06-13T10:45:49Z
dc.date.available	2016-06-13T10:45:49Z
dc.date.issued	2016-04-15	en
dc.identifier.issn	1508-2008	en
dc.identifier.uri	http://hdl.handle.net/11089/18321
dc.description.abstract	This article summarizes the most serious doubts with respect to the functioning of the monetary union and evaluates their credibility over time. New financial stability-securing solutions are also described and analyzed as to whether they are sufficient to prevent Europe from stumbling from one crisis to another. The subject is analyzed over different periods of time - firstly describing the term “financial stability”, along with the major concerns about the process of introducing the euro at the time of its finalization and implementation. Secondly the article describes how these preceding doubts have been verified during the following fourteen years of the EMU’s functioning. The revealed weaknesses of the EMU are also underlined in order to prove the need of further integration. The final section summarizes the solutions implemented in response to the crises that have hit Europe during the time of the Euro’s functioning.	en
dc.publisher	Wydawnictwo Uniwersytetu Łódzkiego	en
dc.relation.ispartofseries	Comparative Economic Research;19	en
dc.rights	This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.	en
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0	en
dc.subject	financial stability	en
dc.subject	EMU	en
dc.subject	euro	en
dc.subject	financial institutions	en
dc.title	Financial Stability In The Eurozone	en
dc.page.number	157-177	en
dc.contributor.authorAffiliation	University of Łódż, International Economic Relations	en
dc.references	Bartovic V. (2014), Efficiency on the Economic and Monetary Union coordination, Visegrad Fund Publishing House, Bratislava.	en
dc.references	Becker W., Lochel H., Gregosz D. (2013), Crisis Management in the Euro Area: Why Europe’s Policy is on the Right Track, ‘Konrad Adenauer Stiftung’, Konrad Adenauer Publishing House, Berlin, no. 116.	en
dc.references	Departament Systemu Finansowego (2015), Raport o stabilności systemu finansowego, NBP Publishing House, Warsaw.	en
dc.references	Icard A. (2003), Comment on Should financial stability be an explicit in central bank objective? [in:] P.C. Ugolini, (ed.) Challenges to Central Banking from Globalized Financial Systems, Publishing House of IMF, Washington D.C.	en
dc.references	Kałuzińska V. (2009), Bank centralny wobec kwestii stabilności systemu finansowego, ‘Ruch prawniczy, ekonomiczny i socjologiczny’, Poznan University of Economy Publishing House, Poznan, no. 1.	en
dc.references	McGowan J., Dallago B. (2015) A global perspective on the Crisis in Europe, [in:] L. Casba (ed.) On the Crisis of the EMU: Failed Construction, Failed Implementation or Failed crisis Management?, Routledge Publishing House, London.	en
dc.references	Mishkin F.S. (1997), The cause and propagation of financial instability lessons for policymakers, ‘Proceedings - Economic Policy Symposium - Jackson Hole’, Federal Reserve Bank of Kansas City Publishing House, Wyoming.	en
dc.references	Pirrong C. (2015) Not too big to fail. Systemic Risk, Regulation and the Economics of Commodity Trading Firms, Trafigura Publishing House, Houston.	en
dc.references	PwC (2014), Regulatory briefing: SRM - What to expect from Banking Union?, PwC Publishing House, London.	en
dc.references	European Parliament and the Council (2010), Regulation on European Union macro-prudential oversight of the financial system and establishing a European Systemic Risk Board, EP Publishing House, Strasbourg No. 1092/2010.	en
dc.references	Schoenmaker D., Werkhoven D. (2012), What is the Appropriate Size on the Banking System?, ‘Duisenberg School of Finance Policy Paper’, DSF Publishing House, Amsterdam, no. 28.	en
dc.references	Sinn H.W. (2012), The European Balance of Payments Crisis, CESifo Publishing House, Munich.	en
dc.references	Zielinska K., Lont P. (2012), The Debt Crisis - Contagion, ‘Deal Magazine’, Inwestor Students Scientific Association, Lodz, no. 1(13).	en
dc.references	https://www.ecb.europa.eu/mopo/html/index.en.html	en
dc.references	https://www.ecb.europa.eu/ecb/tasks/stability/html/index.en.html	en
dc.references	https://www.ecb.europa.eu/pub/fsr/html/index.en.html	en
dc.references	http://www.esm.europa.eu/about/index.htm	en
dc.contributor.authorEmail	a.zielinska@gmail.com	en
dc.identifier.doi	10.1515/cer-2016-0009	en

Files in this item

Name:: cer-2016-0009.pdf
Size:: 752.0Kb
Format:: PDF

View/Open

This item appears in the following Collection(s)

Comparative Economic Research. Central and Eastern Europe Volume 19 (2016), No. 1 [9]

Show simple item record

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Except where otherwise noted, this item's license is described as This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.