| Title |
Euro-Dependence-A Peripheral Look beyond the Monetary Union: A Proposal of Reform of the TARGET2 |
| Authors |
Barredo-Zuriarrain, Juan , MOLERO SIMARRO, RICARDO, Quesada-Solana, Alejandro |
| External publication |
No |
| Means |
Rev. Radic. Polit. Econ. |
| Scope |
Article |
| Nature |
Científica |
| JCR Quartile |
4 |
| SJR Quartile |
1 |
| JCR Impact |
0.57900 |
| SJR Impact |
0.40900 |
| Web |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85029925624&doi=10.1177%2f0486613417703958&partnerID=40&md5=0fcf8645aecc01244b17735ba0b4d540 |
| Publication date |
01/09/2017 |
| ISI |
000418173500004 |
| Scopus Id |
2-s2.0-85029925624 |
| DOI |
10.1177/0486613417703958 |
| Abstract |
This paper seeks to present a proposal of reform of the TARGET2 (Trans-European Automated Real-Time Gross Settlement Express Transfer) system aimed to correct intra-European Union (EU) financial, trade, and productive imbalances. For this purpose, the proposal relies on the application of the Keynes Plan\'s principles to a regional integration process. Previously, the origins of the EU imbalances are traced to the shortcomings of the European monetary integration. Finally, the reforms needed to make the TARGET2 a rebalancing system are discussed in depth. |
| Keywords |
European Monetary Union; intra-EU imbalances; Keynes Plan; regional monetary systems; TARGET2 reform |
| Universidad Loyola members |
|
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