EURO – European and world money for 21st century

Authors

  • Никола Шпирић Faculty of Economics, University of Banja Luka

Keywords:

currency, healthy money, rate of exchange, European currency system, screenplay of introduction of euro.

Abstract

The formation of European Monetary System and introduction of euro as a common European currency have the main and even crucial role in establishing the steady integration structure of European Union.

The aims of EMS and its currency, euro, are to provide stability in Europe with low rate of inflation, to improve economic cooperation among its members and to keep down the negative effects of foreign economic-political shocks, due to frequent and excessive fluctuation of American dollar.

Bringing euro into the world scene has not economic but political dimension as well.

The success of euro will determine the future of Europe in the world economic and political relations during the XXI century. Euro leads European Union in the world scene and in the best way shows that EU cannot play the role of a „economic giant” and a „political dwarf” at the same time. (Helmut Schmit, the former German Chancellor).

References

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Jovanović Gavrilović, Predrag: Međunarodno poslovno finansiranje, Београд, 2004.

Vukmirica, Vujo: Svjetska trgovinska politika i tržišta, Београд, 2000.

Lopandić, Duško: Ugovor o Evropskoj uniji, Београд, 2004.

Samuelson, P.: Ekonomija, Београд, 1970.

Fon Hayek, Fridrich: Choise in Currency. A Way to Stop Inflation, Лондон, 1976.

Интервју са Антонијем Карлучијем у листу Coriere della sera (Милано), пренијела Политика, 16.07.1998.

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Published

2006-06-30

Issue

Section

Scientific papers

How to Cite

EURO – European and world money for 21st century. (2006). Acta Economica, 4(4), 203–219. https://ae.ef.unibl.org/index.php/ae/article/view/286

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