This thesis looks at how European Single Currency (EURO) that began circulating on January 2002 as a legal tender will affect the European integration process. Because money has been accepted as one of the founding elements of a state for centuries, whether the Euro will be effective in the direction of a probable &ldquo / United States of Europe&rdquo / or not? Firstly, theoretical and historical roots of European integration are explained in the thesis as the basis of economic integration. The foundation, the stages and institutional mechanism of Economic and Monetary Union (EMU) is looked at throughout the thesis with the theories of Regional Economic Integration and Optimum Currency Areas (OCA). The thesis reaches the conclusion that economic integration may gradually bring about the need for political integration in the EU, but not necessarily.
| Identifer | oai:union.ndltd.org:METU/oai:etd.lib.metu.edu.tr:http://etd.lib.metu.edu.tr/upload/12608144/index.pdf |
| Date | 01 December 2006 |
| Creators | Pinar, Derya |
| Contributors | Kip Barnard, Fulya |
| Publisher | METU |
| Source Sets | Middle East Technical Univ. |
| Language | English |
| Detected Language | English |
| Type | M.S. Thesis |
| Format | text/pdf |
| Rights | To liberate the content for public access |
Page generated in 0.0024 seconds