SIGNIFICANCE OF THE EMS AND THE EVALUATION OF EURO IN THE EUROPEAN INTEGRATION PROCESS

Genelde büyüyerek gelişen Avrupa Birliği (AB) ve özellikle Ekonomik ve Parasal Birlik (EPB), ki ekonomik olarak kutuplaşan dünyaya Avrupa’nın önemli meydan okuyuşları olarak görülüyorlar, günlük hayatımızda kayda değer bir yer teşkil ediyor. Bu makale, Avrupa Para Sistemi (APS), EPB, ve Avrupa Döviz Birimi’nin (ADB) rolünü tarihsel bir olay olarak Avrupa bütünleşme süreci içerisinde açıklar ve ayrıca EPB sonrası durumu – ekonomik ve politik – sonuçlarını ‘entegrasyoncu’ perspektifinden değerlendirir

SIGNIFICANCE OF THE EMS AND THE EVALUATION OF EURO IN THE EUROPEAN INTEGRATION PROCESS

The progressive development of the European Union (EU) in general and the Economic and Monetary Union (EMU) in particular, which are seen as major European challenges in an economically polarising world, occupy a significant place in our every day life. This article explains the role of the European Monetary System (EMS), the EMU, and the European Currency Unit (ECU) as a historic event in the European integration process and also assesses the consequences of post-EMU circumstances – economically and politically – from the integrationist perspective

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