PPT-Lecture 17 European Monetary Unification and the Euro

Econ 340 Econ 340 Deardorff Lecture 17 Euro 2 Outline European Monetary Unification and the Euro What Is It History of the EMU Need for Convergence Pros and Cons of Unification Why Adjustment Is Hard. Lesson Aim:. To be confident to . explain. key parts of the process of unification 1852-9.. TASK: Add the following to your timeline. . and/or jot them down. . . Pact of . Plombieres. . 20. th. July, 1858. Nation Building. Nationalism. The desire of a group of people united by language, religion, culture to form a nation. Why?. The need/want for unity in Italy stemmed from the French Revolution. Under Napoleon Italy was combined into larger states. Compare the distances North to South and East to West: are they similar ?. Imagine. Imagine traveling from Chicago to New York City and having the language, currency, prices of goods, and basic laws change every time you went through a different state. What problems might result?. Agenda. The European Union. Treaties. The European Central Bank. The Euro/Eurozone. Who does not use the Euro?. Pros/Cons. PIIGS. Converting to the Euro. Europa Series of Euro . B. anknotes. 2. European Economic Community . Economic Unity in the EU. Economic Cooperation in the EU. How does a common market unite Europe?. People have more choice in what to buy. Prices are lower w/o tariffs (taxes). The . euro, the common currency, . Objectives. Today we will be able to identify the factors that led to the unification of Italy in the 1860s.. Nationalism. Nationalism is a feeling of belonging that causes people to think of themselves as a nation.. What caused the global recession of 08?. And thus caused the European debt crisis. America Sneezes and the World gets Pneumonia!. The Housing bubble bursts 2006. The bubble burst. By August 2008, 9.2% of all U.S. mortgages outstanding were either delinquent or in foreclosure. By September 2009, this had risen to 14.4%. Between August 2007 and October 2008, 936,439 US residences completed foreclosure!. La gamme de thé MORPHEE vise toute générations recherchant le sommeil paisible tant désiré et non procuré par tout types de médicaments. Essentiellement composé de feuille de morphine, ce thé vous assurera d’un rétablissement digne d’un voyage sur . 21 November . 2017. Lorenzo . Bini . Smaghi. P.. 1. THE EURO AREA FALLING BEHIND. P.. 2. ONLY AFTER 2011. 17/10/2013. P.. 3. Panorama. FISCAL AUSTERITY. ?. 17/10/2013. P.. 4. Panorama. MONETARY POLICY. Lecturer: Miljen Matijašević. e-mail: . miljen.matijasevic@pravo.hr. Session. . 4. , 31 . Mar . 2015. Today’s Session. Revision of the previous session. Economic and Monetary Union and the Euro. Layna. Mosley. Dept. of Political Science. UNC Chapel Hill. mosley@unc.edu. Cyprus, March 2013. Cyprus joined EU in 2004, and the . eurozone. in 2008. Outline. The making of Economic and Monetary Union (EMU). From Europe to the Euro. From Europe to the Euro. an outline. What is the EU. Before the Euro. The Euro. Time line. Map. United in diversity. Advantages/Benefits. Some definitions. Euro-zone. Advantages. Macro prudential . Policies: The Role of New Monetary Policy Rules. Dr. Nicholas . Apergis. University of Piraeus. Event: . ADFIMI International Development Forum Meeting. Doha 25/04/2016. Roadmap. ► The new banking environment: idiosyncratic... Workshop on the . Implementation of the . 2008 . SNA in . EECCA countries and linkages with BPM6 and GFSM 2014. Istanbul, 6-8 May 2015. Gabriel . Quirós. Head of Division. Macroeconomic Statistics.