The Effects of European Monetary Union on Macroeconomic Performance

Volume: 11 Number: 2 April 1, 2012
EN

The Effects of European Monetary Union on Macroeconomic Performance

Abstract

The purpose of this study is to show the effect of monetary union on macroeconomic performance for 24 OECD countries during the period 1988-2009. According to the findings, the European Monetary Union has a positive effect on foreign trade. On the other hand, it has a negative effect. The monetary union set up without a financial union has a negative effect on macroeconomic performance by limiting the implementations of policy makers even if it has a positive contribution on trade. Thus, monetary policy implementations not supported with financial policy have a negative effect on macroeconomic performance.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

-

Publication Date

April 1, 2012

Submission Date

November 7, 2015

Acceptance Date

-

Published in Issue

Year 2012 Volume: 11 Number: 2

APA
Yıldırım, D. Ç. (2012). The Effects of European Monetary Union on Macroeconomic Performance. Alternatives: Turkish Journal of International Relations, 11(2), 26-47. https://izlik.org/JA85RY45BY
AMA
1.Yıldırım DÇ. The Effects of European Monetary Union on Macroeconomic Performance. Alternatives: Turkish Journal of International Relations. 2012;11(2):26-47. https://izlik.org/JA85RY45BY
Chicago
Yıldırım, Durmuş Çağrı. 2012. “The Effects of European Monetary Union on Macroeconomic Performance”. Alternatives: Turkish Journal of International Relations 11 (2): 26-47. https://izlik.org/JA85RY45BY.
EndNote
Yıldırım DÇ (April 1, 2012) The Effects of European Monetary Union on Macroeconomic Performance. Alternatives: Turkish Journal of International Relations 11 2 26–47.
IEEE
[1]D. Ç. Yıldırım, “The Effects of European Monetary Union on Macroeconomic Performance”, Alternatives: Turkish Journal of International Relations, vol. 11, no. 2, pp. 26–47, Apr. 2012, [Online]. Available: https://izlik.org/JA85RY45BY
ISNAD
Yıldırım, Durmuş Çağrı. “The Effects of European Monetary Union on Macroeconomic Performance”. Alternatives: Turkish Journal of International Relations 11/2 (April 1, 2012): 26-47. https://izlik.org/JA85RY45BY.
JAMA
1.Yıldırım DÇ. The Effects of European Monetary Union on Macroeconomic Performance. Alternatives: Turkish Journal of International Relations. 2012;11:26–47.
MLA
Yıldırım, Durmuş Çağrı. “The Effects of European Monetary Union on Macroeconomic Performance”. Alternatives: Turkish Journal of International Relations, vol. 11, no. 2, Apr. 2012, pp. 26-47, https://izlik.org/JA85RY45BY.
Vancouver
1.Durmuş Çağrı Yıldırım. The Effects of European Monetary Union on Macroeconomic Performance. Alternatives: Turkish Journal of International Relations [Internet]. 2012 Apr. 1;11(2):26-47. Available from: https://izlik.org/JA85RY45BY