Araştırma Makalesi

The Most Tangible Form of European Economic and Financial Integration: The Euro

Cilt: 8 Sayı: 2 30 Aralık 2025
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The Most Tangible Form of European Economic and Financial Integration: The Euro

Öz

The European Union (EU) passed through different stages of integration, expanding from an initial sectorial economic community to an integrated and unified bloc in many areas. While the enlargement of the EU strengthened the horizontal integration, Economic and Monetary Union (EMU) policies deepened the vertical integration of the Union. As the Euro celebrates its 26th year in 2025, this study assesses the Euro’s overall impact on the EU integration policy. The methodology of the study consists of examining the theoretical background of economic integration models and presents the relevant financial policies in the academic literature. The study evaluates then the stages of the single currency with the horizontal and vertical integration and examines the impact of the Euro using the 2002-2024 intra-EU export growth rates and major economic indicators in both Euro-zone and non-Euro-zone countries. The economic and statistical figures provide a comparative data within the EU-27. While our findings indicate that the use of the Euro is not an “automatic” advantage or disadvantage, it provides nevertheless both financial and political benefits and stability, especially within the EU’s convergence criteria and the European integration process.

Anahtar Kelimeler

Etik Beyan

This paper is prepared wtihin ethical requirements.

Kaynakça

  1. Ata, D., Silahşör. S.H. (1999) Hazine Müsteşarlığı, Parasal Birlik, Avrupa Birliği ve Türkiye, Ankara.
  2. Balassa, B. (1976). Types of Economic Integration, Edited by Fritz Machlup, Economic Integration: Worldwide, Regional, Sectoral, World Bank Reprint Series: Number Sixty-nine. Reprinted from (Wiley, 1976)
  3. Baldwin, R. E., Di Nino, V., Fontagné, L. G., De Santis, R. A., & Taglioni, D. (2008). Study on the impact of the euro on trade and foreign direct investment. European Economic and Monetary Union Working Paper, (321).
  4. Baun, M. J. (1995). The Maastricht Treaty as High Politics: Germany, France, and European Integration. Political Science Quarterly, 110(4), 605–624. https://doi.org/10.2307/2151886
  5. Börzel, T. A., & Risse, T. (2017). From the euro to the Schengen crises: European integration theories, politicization, and identity politics. Journal of European Public Policy, 25(1), 83–108. https://doi.org/10.1080/13501763.2017.1310281
  6. Dinan, D. (1994) Ever Closer Union? An Introduction to the European Community, Basingstoke and London, Macmillan/Boulder, Lynne Rienner, London.
  7. European Central Bank, (2023). Croatia. https://www.ecb.europa.eu/euro/changeover/croatia/html/index.en.html (Accessed 22 August 2025).
  8. European Central Bank. (2025). Bulgaria to join euro area on 1 January 2026, https://www.ecb.europa.eu//press/pr/date/2025/html/ecb.pr250708~b9676a9fa8.en.html#:~:text=Today%20the%20Council%20of%20the,rate%20of%201.95583%20per%20euro. (Accessed 2 September 2025)

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomik Entegrasyon, Uluslararası Ticari Örgütler, Uluslararası Ticaret (Diğer)

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

8 Aralık 2025

Yayımlanma Tarihi

30 Aralık 2025

Gönderilme Tarihi

9 Eylül 2025

Kabul Tarihi

13 Kasım 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 8 Sayı: 2

Kaynak Göster

APA
Sülün, D. (2025). The Most Tangible Form of European Economic and Financial Integration: The Euro. Journal of Business Innovation and Governance, 8(2), 48-63. https://doi.org/10.54472/jobig.1781036
AMA
1.Sülün D. The Most Tangible Form of European Economic and Financial Integration: The Euro. JoBIG. 2025;8(2):48-63. doi:10.54472/jobig.1781036
Chicago
Sülün, Dilara. 2025. “The Most Tangible Form of European Economic and Financial Integration: The Euro”. Journal of Business Innovation and Governance 8 (2): 48-63. https://doi.org/10.54472/jobig.1781036.
EndNote
Sülün D (01 Aralık 2025) The Most Tangible Form of European Economic and Financial Integration: The Euro. Journal of Business Innovation and Governance 8 2 48–63.
IEEE
[1]D. Sülün, “The Most Tangible Form of European Economic and Financial Integration: The Euro”, JoBIG, c. 8, sy 2, ss. 48–63, Ara. 2025, doi: 10.54472/jobig.1781036.
ISNAD
Sülün, Dilara. “The Most Tangible Form of European Economic and Financial Integration: The Euro”. Journal of Business Innovation and Governance 8/2 (01 Aralık 2025): 48-63. https://doi.org/10.54472/jobig.1781036.
JAMA
1.Sülün D. The Most Tangible Form of European Economic and Financial Integration: The Euro. JoBIG. 2025;8:48–63.
MLA
Sülün, Dilara. “The Most Tangible Form of European Economic and Financial Integration: The Euro”. Journal of Business Innovation and Governance, c. 8, sy 2, Aralık 2025, ss. 48-63, doi:10.54472/jobig.1781036.
Vancouver
1.Dilara Sülün. The Most Tangible Form of European Economic and Financial Integration: The Euro. JoBIG. 01 Aralık 2025;8(2):48-63. doi:10.54472/jobig.1781036

Creative Commons Lisansı
Journal of Business, Innovation and Governance Creative Commons Atıf-Gayri Ticari 4.0 Uluslararası Lisansı ile lisanslanmıştır.