Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

A Monetary Union Requires a Banking Union. Bruges European Economic Policy (BEEP) Briefing 33/2014

Geeroms, Hans and Karbownik, Pawel (2014) A Monetary Union Requires a Banking Union. Bruges European Economic Policy (BEEP) Briefing 33/2014. [Policy Paper]

[img]
Preview
 PDF - Published Version
Download (1303Kb) | Preview

    Abstract

    This paper argues that a monetary union requires a banking union. While the USA developed both during a time span of two centuries, the EMU was created in the course of two decades and remains unfinished as the economic pillar is largely missing. The financial crisis and the Eurocrisis have shown that a genuine banking union is even more needed for the Eurozone than a budget or a fiscal union to let the euro survive.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Share |
    Item Type: Policy Paper
    Uncontrolled Keywords: Banking union, ECB, EMU, monetary policy, eurozone.
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > College of Europe (Brugge) > Bruges European Economic Policy Briefings (BEEP)
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 13 Nov 2014 17:04
    Number of Pages: 30
    Last Modified: 06 Jan 2015 16:05
    URI: http://aei.pitt.edu/id/eprint/57213

    Actions (login required)

    		 View Item

    Document Downloads