Bachelor Thesis from the year 2012 in the subject Economics – Monetary theory and policy, grade: 2, 0, Frankfurt School of Finance & Management, language: English, abstract: The main objective of this thesis is to find out whether the PRo C is an OCA and what does it mean for the EMU. Based on the differences between the two currency areas, I would like to discuss whether there are any lessons that are worthwhile to be learned from the PRo C by the EMU to face better current and future crises. Therefore, the thesis is organized as follows. Section 2 provides an overview of the theoretical framework which this bachelor thesis is based on, namely the theory of OCA. Section 3 explains the methodology of my empirical study and describes the used data set. Section 4 examines the PRo C as an OCA. I evaluate each criterion on the basis of my own empirical study or available literature. After I briefly analyzed the Euro Crisis in section 5, I compare the EMU with the PRo C on the basis of OCA criteria followed by a discussion why there are differences and whether the EMU could improve conditions as a common currency area by learning from the PRo C. Section 6 concludes my findings and relate them to my opening questions of this introduction.
Philipp Müller
China as an Optimum Currency Area – Something to learn for the European Monetary Union? [EPUB ebook]
China as an Optimum Currency Area – Something to learn for the European Monetary Union? [EPUB ebook]
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语言 英语 ● 格式 EPUB ● 网页 90 ● ISBN 9783656372707 ● 文件大小 4.2 MB ● 出版者 GRIN Verlag ● 市 München ● 国家 DE ● 发布时间 2013 ● 版 1 ● 下载 24 个月 ● 货币 EUR ● ID 3966582 ● 复制保护 无