神戸大学金融研究会
(Monetary Economics Seminar of Kobe University)
| 日時： （Date&Time) |
7月9日（土）14時から (Saturday, July 9, 2:00pm〜) |
| 報告者： （Speaker） |
Mariusz K. KRAWCZYK 氏 |
| 所属： （Affiliation） |
福岡大学 (Fukuoka University) |
| 論題： （Topic） |
「ユーロとＥＵ新規加盟国」 |
| 概要： (Abstract) |
The politically and legally complicated character of the EU Eastern Enlargement
heavily influenced the conflict between the legal and economic rationality
behind that underlies the construction of the EMR-II. The legal logic of
the enlargement process calls for an equal treatment of all new accession
countries but, while failing at the same time to acknowledge serious differences
between them, it has neglected potential dangers that may result from ignoring
the logic of the economic agents participating in the enlargement process.
The conflicting rationality makes the countries that participate in the
ERM-II vulnerable to speculative attacks leading to currency crises and
creates conditions for a widespread currency and asset substitution in
the accession countries. As a result, the participation in the ERM-II imposes
unnecessary costs on the whole enlargement process. The costs could have
been avoided if the EU adopted a more flexible approach to the enlargement
of its monetary union, allowing for an individual path of adopting the
euro in each accession country depending on its economic conditions. Recent institutional stalemate resulting from the failure to ratify the European constitution shows that there exists sufficient potential for such a confidence crisis within the European Union that could trigger a real currency crisis there. |
| 会場： (Place) |
神戸大学経済経営研究所 会議室（研究所新館2階） RIEB Meeting Room (New Building 2nd floor) |
| 対象： （Intended Audience) |
基本的に会員制の研究会ですが、非会員で関心のある方の参加も歓迎します。 The seminar is primarily for the workshop members. But non-members are also welcome to attend. |
| 備考： (Note) |
論文のコピーは開催日当日に会場にご用意いたします。 |