Preliminary communication
THE MACROECONOMIC BASED FINANCIAL IMBALANCE PROCEDURE OF EUROZONE AND THE STRUCTURAL EXPECTATIONS AFTER 2008
A. Niyazi Özker
orcid.org/0000-0001-5313-246X
; Faculty of Economic and Business Administration Bandirma Onyedi Eylul University, Turkey
Abstract
In this study, we attempt to analysis macroeconomic imbalances process especially in Eurozone due to its some different features related to global financial crisis after 2008. The concerned different features put forth the alteration macroeconomic effects on the countries included in Eurozone, certainly that fact result in the being different these countries’ structural expectations after 2008. It appears that ways of searching international stability and economic growth have determinative effects on the Eurozone together with some countries’ government debts. Euro Plus Pact, as financial procedure based, consider tax competition in international agreement stability towards to economic growth in the scope of public and private financial obligations in limited access finance. In the addition, the other reason of based financial imbalance procedure is to also use the financial billfold-wallet for developing countries granting emergency loans to member states in return for the enactment of macro economic reforms. But it is forgotten that means that the Eurozone countries have some limited fiscal global integrations also to review of each its own national budget, which in the scope of the financial imbalances procedure.
Keywords
eurozone; government debts; financial imbalances; financial crisis
Hrčak ID:
205404
URI
Publication date:
1.2.2018.
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