Home » Banking and Finance » CUMULATIVE REGIONAL DECLINE, INSTITUTIONAL INADEQUACY AND THE “DEMOCRATIC DEFI...
CUMULATIVE REGIONAL DECLINE, INSTITUTIONAL INADEQUACY AND THE “DEMOCRATIC DEFICIT”: IS EUROPEAN MONETARY UNION ECONOMICALLY AND POLITICALLY SUSTAINABLE?
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,802 times
Delivery: Within 24 hoursABSTRACT
EMU now seems increasingly likely to progress as planned with a broad membership of eight to ten countries in 1999. The political determination of Europe’s leaders has developed a momentum that makes the birth of the Euro ever more likely. Other influential people also support the introduction of the single currency, amongst them bankers, farmers and large corporations who operate in many European currencies. Current discussions focus on the technical details of EMU: the interpretation of the Maastricht ‘convergence criteria’, speculation of who might be ‘in’ and who might be ‘out’, the re-denomination of national debts, and the operational structure of the European Central Bank (ECB). These debates deflect attention from a very much more fundamental issue of enormous importance.
This paper will examine the economic case for EMU. It will contrast the economic benefits of EMU with the dramatically important sacrifices which Member States have made by signing the Maastricht Treaty. Unless the true objective of EMU is something quite different to what we are led to believe, it is astonishing that EMU has been able to progress so far given the weakness of the economic case in its favor. It will discuss the traditional role of government in running its own affairs and will demonstrate the implications of EMU in severely restricting policy choice.
The paper will suggest that without the parallel development of other European institutions, the current design for EMU has the potential to become disordered and break down. For EMU to function in a way that genuinely benefits the people of Europe, movement towards an overt political union, however dressed up and amorphously defined, will inevitably be required.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
AN ANALYSIS OF THE EFFECT OF RISK MANAGEMENT ON THE FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS IN ...
CHAPTER ONE INTRODUCTION 1.1 Background Of The Study Numerous financial institutions have either failed or are on the verge of failure as a result ...More »
Item Type: Project Material | 54 pages | 31 engagements |
- 2.
THE ROLE OF COMMERCIAL BANKS IN THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study Small and medium sized enterprises (SMEs) play a crucial role in facilitating wealth distribution ...More »
Item Type: Project Material | 54 pages | 857 engagements |
- 3.
ASSESSING THE EFFECTS OF CREDIT RISK MANAGEMENT AND LOAN PERFORMANCE ON MICROFINANCE INSTITUTIONS IN...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Risks linked with credit generation must be managed cautiously, with credit risk being especia...More »
Item Type: Project Material | 54 pages | 439 engagements |
- 4.
AN ASSESSMENT OF ITS RELEVANCE ON THE MANAGEMENT OF MICROFINANCE INSTITUTIONS IN GHANA
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Through microfinance, low income households and their businesses can obtain traditional financ...More »
Item Type: Project Material | 54 pages | 403 engagements |
- 5.
A CRITICAL ANALYSIS OF LOAN FINANCING FOR SMALL AND MEDIUM SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study In comparison to the rest of the globe, the African continent has experienced substantial expansio...More »
Item Type: Project Material | 54 pages | 381 engagements |
- 6.
AN INVESTIGATION ON THE ROLE OF COMMERCIAL BANKS ON THE SOCIO-ECONOMIC DEVELOPMENT OF CAMEROON
AN INVESTIGATION ON THE ROLE OF COMMERCIAL BANKS ON THE SOCIO ECONOMIC DEVELOPMENT OF CAMEROON CHAPTER ONE INTRODUCTION 1.1 Background of the Study...More »
Item Type: Project Material | 54 pages | 519 engagements |