The main principle of the thesis is to address issues concerning structural problems of Economic and Monetary Union (EMU) and assess economical impact of its potential break up. This in turn implies the need to discuss certain issues. Firstly, since the EMU is based on the concept of Optimal Currency Area (OCA); I start my research with the test whether EMU in its current structure fits the definition of OCA. Secondly, I provide the extensive study on the reasons of current crisis in order to understand the root causes. Thirdly, I assess the potential implications of different ways out of the current sovereign debt crisis.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:114044 |
| Date | January 2011 |
| Creators | Shpitontsev, Leonid |
| Contributors | Brůna, Karel, Kučera, Lukáš |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | English |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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