Purchasing Power

Judis, John B.
February 2002
New Republic;2/11/2002, Vol. 226 Issue 5, p16
Focuses on introduction of euro in Europe. Comparison of Europe's adoption of the euro to Argentina's adventures in monetary union; Balance of economic power between the U.S. and Europe; Report that the euro will benefit Europe's economies by making cross-border trade and investment; Formation of the Common Market began to knock down trade barriers and did nothing to eliminate the inefficiencies caused by currency differences; Information that the euro will actually protect the nations of the European Union from Argentina's fate; Impact of the euro in the U.S. at the expense of the dollar.


Related Articles

  • Pressing Concerns. ALESINA, ALBERTO // Harvard International Review;Spring2011, Vol. 33 Issue 1, p116 

    The author ponders on the survival of the euro currency in the 21st century. The problems facing the common currency in Europe involved the ability of countries to borrow at very low rates during the first decade of the implementation of the euro. He points out the implication of abandoning the...

  • Euro Turns Five: Europe's Grand Experiment. Faruqee, Hamid // Finance & Development;Jun2004, Vol. 41 Issue 2, p14 

    Focuses on the five-year anniversary of the euro, European single currency. Implications of the currency for the process of European integration; Creation of a monetary reality for Europeans; Accomplishment of the process that led to Economic and Monetary Union with the euro as its currency.

  • L'évolution de la zone euro au travers de la plasticité de ses frontières. Bourrinet, Jacques // Eurolimes;2009, Vol. 8, p9 

    This paper deals with the making of the euro and the monetary frontiers of the euro zone, not overlapping with those of the European Union. At the very start of the monetary union, the dimension of the euro zone has been determined by the interplay of institutional and political pressures. After...

  • Does One Currency Mean One Price? Wolszczak-Derlacz, Joanna // Eastern European Economics;Mar/Apr2010, Vol. 48 Issue 2, p87 

    This paper examines price differentials in the European Union to investigate whether the European Monetary Union has lowered the degree of price dispersion in the euro zone and increased the speed of price convergence. Both euro effects are evaluated using difference-in-difference methodology....

  • Europe's New Democracies Dream of EU, not Euro Ghitis, Frida // World Politics Review;5/20/2010, p1 

    The article explores the desire of fledgling countries to enter the European Union (EU), which persists in the face of Europe's economic crisis and its impact on the euro. The author says that most countries that are new to the EU have lost enthusiasm for the euro, despite the EU retaining its...

  • The Euro: Future Prospects and Consideration for Non-Euro Countries. Ghannadian, Farhad; Penovska, Irina // American Journal of Economics & Business Administration;2011, Vol. 3 Issue 2, p287 

    The article presents a study on the feasibility of the decision of central and eastern European nations to adopt the euro as their national currency. It states that the attraction and uncertainties associated with adopting a common currency makes it appealing to study the potential gains and...

  • A "United States of Europe" or Full Exit from the Euro? Auerback, Marshall // International Journal of Political Economy;Winter2010-2011, Vol. 39 Issue 4, p87 

    The euro is now facing an existential choice: What was once deemed the fantasy of a few extreme euro-skeptics-namely the potential disintegration of the euro-has now become respectable mainstream opinion. The current institutional arrangements are surviving only by virtue of the European Central...

  • Sepa Framework Approved, But Many Steps Left. Bills, Steve // American Banker;4/11/2007, Vol. 172 Issue 69, p5 

    The article discusses the progress of the Single Euro Payment Area project that will allow money transfers across European borders without economic barriers.The project was officially approved by the European Union in March 2007, but it must now go to the national legislatures for approval....

  • Charting a Course Toward Successful Euro Adoption. Schadler, Susan // Finance & Development;Jun2004, Vol. 41 Issue 2, p29 

    Discusses the course of success of transition countries on their adoption of the euro as national currencies as they join the European Union. Membership of the countries of the Economic and Monetary Union; Integration of the countries with Europe; Involvement of major economic changes for the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics