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Finance and Credit
 

How to save the euro?

Vol. 16, Iss. 45, DECEMBER 2010

Available online: 3 December 2010

Subject Heading: MONETARY CIRCULATION

JEL Classification: 

Pishchulov V. Doctor of Economic Sciences, Professor, Head of the Economic Theory Department of Ural State Forestry Engineering University
dr.haust@mail.ru

This article takes up the notion of problems that have arisen in eurozone. The questions being considered are those of the monetary turnover organization on the supranational, national and subnational levels. The comparative analysis is being made of advantages and disadvantages of the systems, based on the principle of the single currency and the systems, allowing for multiple currencies, circulating on the same territory. The article can be of use for scientists, academics, practitioners, postgraduates, students specializing in financial sphere.

Keywords: euro, eurozone, sole legal tender, optimal monetary area, closed cash flows, open economy, territorial economic structure, monetary aggregates territorial distribution, currency multiplicity on a territory, demand for money, monetary offer

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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