Evaluating the Euro: An exploration of the Euro's impacts on the European Monetary Union
Public Deposited- Last Modified
- February 26, 2019
- Creator
-
Maltsev, Daniel V.
- Affiliation: Kenan-Flagler Business School
- Abstract
- The question of whether or not the Euro’s implementation has had a positive impact on the Eurozone remains frequently debated. The purpose of my research is to provide a holistic view of the Euro’s impact on the Eurozone. Shortly after the Euro’s implementation, Eurozone nations experienced an increase in economic and financial growth that they otherwise would not have. However, the Eurozone’s economic heterogeneity and lack of timely integration set the Eurozone on a path of economic divergence, culminating the Eurozone Debt Crisis. Since the debt crisis, European leaders have striven toward increased Eurozone integration in an effort to strengthen the European Monetary Union; but, due to economic and political factors, will most likely fail to do so in a timely manner. As a result, the Eurozone will continue, at least in the short-run, to experience a continued economic divergence and a resulting decrease in lack of popular support for the Euro.
- Date of publication
- spring 2017
- Keyword
- DOI
- Resource type
- Rights statement
- In Copyright
- Note
- Funding: None
- Advisor
- Elvers, Douglas
- Degree
- Bachelor of Science
- Academic concentration
- Business Administration
- Honors level
- Honors
- Degree granting institution
- University of North Carolina at Chapel Hill
- Graduation year
- 2017
- Language
- English
Relations
- Parents:
This work has no parents.
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