| 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 | 0.579 |
| SJR Impact | 0.409 |
| 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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