文章基本信息

标题：Optimum Currency Areas Theory: Economic Foundation for Monetary Unification
本地全文：下载
作者：Voinea Gheorghe ; Avădanei Andreea
期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2011
卷号：11
期号：1
语种：English
出版社：Ovidius University Press
摘要：The aim of the present paper is to highlight the optimum currency areas (OCAs) theory contribution to the development of European monetary unification. In order to point out its implications,we structured our research on two parts. The first one illustrates the main achievements and limits of monetary cooperation at European level and the second analyses OCA theory’s influence on Economic and Monetary Union (EMU). We conclude by saying that this theory could not provide a clear answer about the optimality degree of EU as currency area. We also consider the European model as a laboratory test of OCA proprieties defined by Mundell,McKinnon and Kenen.
关键词：Economic and Monetary Union;optimum currency area;single market;common currency.