After the Euro and Interstate Banking:Present Monetary and Financial Surfacing Conflicts 2023  

作　　者：Mario Pines 

机构地区：[1]University of Trieste,Trieste,Italy

出　　处：《Economics World》2023年第2期49-65,共17页经济世界（英文版）

摘　　要：This paper reconsiders the outcome of the adoption of a single legal currency in the 1999 Euro Act. Installing a central bank, several different solutions surfaced among the EU members and in the global economy, since the 1922 Genoa summit. The last Euro solution came after the severe, unexpected stock market crash on October 19, 1987. Furthermore, the sub-prime bubble 2007, the financial collapse 2008 and the final 2012 the banking melt down, induce to reconsider the overlapping monetary and financial fallouts. The 89 Interstate Banking Act and the Riegle Community Development and Regulatory Improvement Act of 1994, induce a monetary and financial evolving infrastructure. This paper focuses on the conflicts at the enlarging EU community seen the unavoidable monetary and financial integration, considering that the unique definition of the monetary functions as its essence is misinterpreted, in a clear common asymmetry affecting the whole evolving situation.

关 键 词：legal currencies interstate banking clearings monetary functions community protection economic integration 

分 类 号：F82[经济管理—财政学]