PPT-Economic and monetary union (EMU)

EMU involves Policy harmonisation to remove obstacles to factor mobility A more marked and wider range of common policies especially in relation to macroeconomic policy Irrevocably fixed . challenges . and . opportunities . from customs perspective. March 2015. Development . of the Eurasian Economic Union . Customs legal base of the Eurasian Economic . Union. Eurasian . Economic Union . Beber. Senior Tutor. College Lecturer in . Economics. Sidney Sussex College. Cambridge CB2 3HU. mb65@cam.ac.uk. http://people.ds.cam.ac.uk/mb65/. Arts, Humanities and Social Sciences Summer School 2013. The Federal Reserve. Susan Kizer. Economic Education Coordinator. The opinions expressed are solely those of the presenters and do not reflect the opinions of the Federal Reserve System. . . Monetary Policy. Disadvantage. 1. st. Free Trade Area. . . 2. nd. Customs Union. . 3. rd. Single Market. 4. th. Economic Union. 5. th. Monetary Union. 10. “An agreement between two or more countries to abolish tariffs and quotas on trade between them”.. – Objective of the Eurosystem. . Article 127 . of the Treaty on the Functioning of the European Union:. “. 1. The primary objective of the ESCB [Eurosystem] shall be. to maintain price stability.. EMU involves …. Policy harmonisation . to remove obstacles to factor . mobility . A more . marked and wider range of common policies, especially in relation to macroeconomic . policy. Irrevocably fixed . Presented by. :. Dr.. . Rene N’Guettia . Kouassi. . . Director . Economic Affairs-African . Union Commission. OUTLINE. I. BACKGROUND . TO THE ESTABLISHMENT OF THE AFRICAN CENTRAL . BANK (ACB). II. . 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. 3BIS Review 81/2000Considering the first point, it has been suggested recently that national governments in the euro areashould pool their debt issuing in one central agency, acting on behalf of borro North Korea summit – will its signature matter?. Iran Nuclear deal – will its demise matter?. The European Union (lecture notes courtesy of Craig Parsons). Takehome. messages from readings. Grieco. 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. Paul De Grauwe. The . fragility of incomplete monetary unions. Introduction. Summing up from previous lectures:. Complete monetary union. : a monetary union together with budgetary union.. Incomplete monetary union. . Introduction. - Monetary policy is concerned with the changes in the supply of money and credit. It refers to the policy measures undertaken by the government or the central bank to influence the availability, cost and use of money and credit with the help of monetary techniques to achieve specific objectives. It aims to influence two major variables:. Carlos. da Silva Costa. • . Governor. . Outline. Monetary Union and Economic Growth. Reforms at national level. Reform at the European Level. Conclusions. I. Monetary Union and Economic Growth .