The European Central Bank and European economies in global context

Business & Finance, Economics, Money & Monetary Policy
Cover of the book The European Central Bank and European economies in global context by Nicole Brand, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nicole Brand ISBN: 9783638457781
Publisher: GRIN Publishing Publication: January 18, 2006
Imprint: GRIN Publishing Language: English
Author: Nicole Brand
ISBN: 9783638457781
Publisher: GRIN Publishing
Publication: January 18, 2006
Imprint: GRIN Publishing
Language: English

Essay from the year 2005 in the subject Economics - Monetary theory and policy, grade: First class (72%), University of East London, 43 entries in the bibliography, language: English, abstract: In January 1999 eleven countries of the European Union locked their foreign exchange rate to the Euro and committed themselves to annul their own currency in favour of the Euro in the year 2000 (Bradley S and Whittaker J, 2000, Industrial Relations Journal, 31, 4, 261). Of particular interest and complexity are the relationships between countries within the euro zone and other economies worldwide. The relationship between the European economies and the European Central Bank (ECB) and its consequences in global context is a central issue in this report. Therefore, the previous research about the ECB has concentrated on its influence towards European and other global economies. The members of the current euro zone are: France, Germany, Italy, Austria, Belgium, Finland, Greece, Luxembourg, the Netherlands, Portugal and Spain. Apart from this, Denmark, Sweden and the United Kingdom are members of the European Union, which have not adopted the euro yet. These three countries are European economies even when they play another role in global context because of their own currency: British Pound, Danish Krone and Swedish Krona. Accordingly, the remainder of this paper is divided into four sections, reasons for establishing the ECB and its objectives, how decisions of the ECB concerning the interest rate may influence economies worldwide, a briefly annotation of advantages and disadvantages for members of the euro zone and a conclusion including a short outlook.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Essay from the year 2005 in the subject Economics - Monetary theory and policy, grade: First class (72%), University of East London, 43 entries in the bibliography, language: English, abstract: In January 1999 eleven countries of the European Union locked their foreign exchange rate to the Euro and committed themselves to annul their own currency in favour of the Euro in the year 2000 (Bradley S and Whittaker J, 2000, Industrial Relations Journal, 31, 4, 261). Of particular interest and complexity are the relationships between countries within the euro zone and other economies worldwide. The relationship between the European economies and the European Central Bank (ECB) and its consequences in global context is a central issue in this report. Therefore, the previous research about the ECB has concentrated on its influence towards European and other global economies. The members of the current euro zone are: France, Germany, Italy, Austria, Belgium, Finland, Greece, Luxembourg, the Netherlands, Portugal and Spain. Apart from this, Denmark, Sweden and the United Kingdom are members of the European Union, which have not adopted the euro yet. These three countries are European economies even when they play another role in global context because of their own currency: British Pound, Danish Krone and Swedish Krona. Accordingly, the remainder of this paper is divided into four sections, reasons for establishing the ECB and its objectives, how decisions of the ECB concerning the interest rate may influence economies worldwide, a briefly annotation of advantages and disadvantages for members of the euro zone and a conclusion including a short outlook.

More books from GRIN Publishing

Cover of the book Optimisation of procurement processes by the example Sanitärtechnik Eisenberg by Nicole Brand
Cover of the book Discuss ways in which representations of non English characters are used to define Englishness in any two or three texts. by Nicole Brand
Cover of the book Competences and Innovation by Nicole Brand
Cover of the book The Significance of Eating and the Feast in Homer's 'Odyssey' by Nicole Brand
Cover of the book Kinderfernsehen und Medienkompetenzen by Nicole Brand
Cover of the book Lithuania's bilateral relations and the challenge of EU and NATO enlargement by Nicole Brand
Cover of the book OLYMPICS - Global Sports in the Area of Tension between Organisational, National and Supranational Forces by Nicole Brand
Cover of the book The use of Positive Politeness Strategies considering a Specific Speech Act. by Nicole Brand
Cover of the book Population and Security: Water disputes - on the way to a major global problem? by Nicole Brand
Cover of the book Desertification - Only a central problem for desert-near areas? by Nicole Brand
Cover of the book The Tragedy of Jimmy Porter by Nicole Brand
Cover of the book Terror and Liberty - The Construction of a National Image and the Manufacturing of an Enemy in the United States by Nicole Brand
Cover of the book How do Richard Burton and Anne Blunt address the issue of gender in their accounts of travel in Arabia? by Nicole Brand
Cover of the book Marketing Concept for the Friedrich Naumann Foundation on the Example of the Regional Office in Johannesburg, RSA by Nicole Brand
Cover of the book EU-humanitarian assistance affairs: The utility of 'actorness' and 'presence' for conceptualising this EU-foreign policy-area by Nicole Brand
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy