Európska menová únia v kontexte globalizačných procesov svetového hospodárstva

Rok, strany: 2006, 352 - 367

The paper describes the beginnings of the European monetary integration as the effect of world economy´s globalization. Globalization is defined as a dominant tendency in the development of the world economy at the end of the millennium resulting in the formation of regional integration blocks, especially the triad America – Europe – Asia (or NAFTA – EU – ASEAN). Globalization of the monetary system leads to the creation of monetary areas; one of the most formed ones is a Euro zone. The author characterizes the European Monetary Union as a unique phenomenon, outlines its benefits (the decrease of transaction costs, the elimination of exchange rate risk, the increase of price transparency) and costs (the loss of independent monetary policy, the loss of exchange rate as an economic-monetary tool) and evaluates Euro as a specific tool of integration of CEEC´s with Western European countries.

ISO 690:

Gonda, V. 2006. Európska menová únia v kontexte globalizačných procesov svetového hospodárstva. In Ekonomický časopis/Journal of Economics, vol. 54, no.4, pp. 352-367. 0013-3035.

APA:

Gonda, V. (2006). Európska menová únia v kontexte globalizačných procesov svetového hospodárstva. Ekonomický časopis/Journal of Economics, 54(4), 352-367. 0013-3035.