{"id":89228,"date":"2024-01-22T09:33:25","date_gmt":"2024-01-22T08:33:25","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/89228\/"},"modified":"2024-11-07T00:33:44","modified_gmt":"2024-11-06T23:33:44","slug":"was-erwartet-oesterreich-in-der-wirtschafts-und-waehrungsunion-der-eg","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/89228\/","title":{"rendered":"What Will Participation in the European Economic and Monetary Union Mean for Austria?"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-89228","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"To complete the integration process the EC intends to establish the Economic and Monetary Union. At present, only few EC member countries are able to meet the convergence criteria required for participating in a monetary union with a single currency, as laid down in the Maastricht Treaty. Advantages of a single currency range from lower transaction costs to a reduction of investment risks thereby fostering economic growth. Among the disadvantages are the loss of autonomy in foreign exchange and monetary policy matters as well as the uncertainty whether a single currency may mean less economic stability than the present situation (an EMS dominated by Germany). Austria is one of the few European countries which would already now qualify for membership in the Economic and Monetary Union.","onlinedate":"1992-10-01 01:00:00","lang":"German","publication_series":"","publication_date":"19921001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Was erwartet \u00d6sterreich in der Wirtschafts- und W\u00e4hrungsunion der EG?; What Will Participation in the European Economic and Monetary Union Mean for Austria?\"]","jelcodes":"[]","related_publications":"[]","pdf":280481,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"65","monthly_report_pages":"536-548","monthly_report_pages_sort":"536","issue":"10","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[3917],"persons_data":"[{\"personId\":3917,\"personName\":\"Fritz Breuss\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Breuss, F.<\\\/span> (1992). <span>Was erwartet \u00d6sterreich in der Wirtschafts- und W\u00e4hrungsunion der EG?<\\\/span> <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>65<\\\/em>(10), 536-548. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/1214\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/1214<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Breuss F<\\\/span>. <span class=\\\"title\\\"><span>Was erwartet \u00d6sterreich in der Wirtschafts- und W\u00e4hrungsunion der EG?<\\\/span><\\\/span> <span>WIFO-Monatsberichte<\\\/span>. 1992 Oct;65(10):536-548.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{26d01087a2c4452f956735ea3a3dee1a,<\\\/div><div>  title    = \\\"Was erwartet {\\\\\\\"O}sterreich in der Wirtschafts- und W{\\\\\\\"a}hrungsunion der EG?\\\",<\\\/div><div>  abstract = \\\"Als Abschlu{\\\\ss} des wirtschaftlichen Integrationsprozesses will die EG die Wirtschafts- und W{\\\\\\\"a}hrungsunion schaffen. Zur Zeit erf{\\\\\\\"u}llen erst wenige EG-L{\\\\\\\"a}nder die im Vertrag von Maastricht f{\\\\\\\"u}r die Teilnahme an der W{\\\\\\\"a}hrungsunion mit einer Einheitsw{\\\\\\\"a}hrung notwendigen Konvergenzkriterien. Die Vorteile einer Einheitsw{\\\\\\\"a}hrung reichen von einer Verringerung der Transaktionskosten bis zu risikoloseren Investitionsm{\\\\\\\"o}glichkeiten und daher mehr Wirtschaftswachstum. Die Aufgabe w{\\\\\\\"a}hrungs- und geldpolitischer Autonomie sowie die Ungewi{\\\\ss}heit, ob eine Einheitsw{\\\\\\\"a}hrung weniger wirtschaftliche Stabilit{\\\\\\\"a}t bringt als die bisherige Situation (ein von Deutschland dominiertes EWS) m{\\\\\\\"u}ssen zu den Nachteilen gerechnet werden. {\\\\\\\"O}sterreich w{\\\\\\\"a}re als eines der wenigen L{\\\\\\\"a}nder Europas schon heute f{\\\\\\\"u}r die Wirtschafts- und W{\\\\\\\"a}hrungsunion qualifiziert.\\\",<\\\/div><div>  keywords = \\\"Was erwartet {\\\\\\\"O}sterreich in der Wirtschafts- und W{\\\\\\\"a}hrungsunion der EG?; What Will Participation in the European Economic and Monetary Union Mean for Austria?, Was erwartet {\\\\\\\"O}sterreich in der Wirtschafts- und W{\\\\\\\"a}hrungsunion der EG?; What Will Participation in the European Economic and Monetary Union Mean for Austria?\\\",<\\\/div><div>  author   = \\\"Fritz Breuss\\\",<\\\/div><div>  year     = \\\"1992\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"65\\\",<\\\/div><div>  pages    = \\\"536--548\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Was erwartet \u00d6sterreich in der Wirtschafts- und W\u00e4hrungsunion der EG?<\\\/p><p>AU  - Breuss, Fritz<\\\/p><p>PY  - 1992\\\/10<\\\/p><p>Y1  - 1992\\\/10<\\\/p><p>N2  - Als Abschlu\u00df des wirtschaftlichen Integrationsprozesses will die EG die Wirtschafts- und W\u00e4hrungsunion schaffen. Zur Zeit erf\u00fcllen erst wenige EG-L\u00e4nder die im Vertrag von Maastricht f\u00fcr die Teilnahme an der W\u00e4hrungsunion mit einer Einheitsw\u00e4hrung notwendigen Konvergenzkriterien. Die Vorteile einer Einheitsw\u00e4hrung reichen von einer Verringerung der Transaktionskosten bis zu risikoloseren Investitionsm\u00f6glichkeiten und daher mehr Wirtschaftswachstum. Die Aufgabe w\u00e4hrungs- und geldpolitischer Autonomie sowie die Ungewi\u00dfheit, ob eine Einheitsw\u00e4hrung weniger wirtschaftliche Stabilit\u00e4t bringt als die bisherige Situation (ein von Deutschland dominiertes EWS) m\u00fcssen zu den Nachteilen gerechnet werden. \u00d6sterreich w\u00e4re als eines der wenigen L\u00e4nder Europas schon heute f\u00fcr die Wirtschafts- und W\u00e4hrungsunion qualifiziert.<\\\/p><p>AB  - Als Abschlu\u00df des wirtschaftlichen Integrationsprozesses will die EG die Wirtschafts- und W\u00e4hrungsunion schaffen. Zur Zeit erf\u00fcllen erst wenige EG-L\u00e4nder die im Vertrag von Maastricht f\u00fcr die Teilnahme an der W\u00e4hrungsunion mit einer Einheitsw\u00e4hrung notwendigen Konvergenzkriterien. Die Vorteile einer Einheitsw\u00e4hrung reichen von einer Verringerung der Transaktionskosten bis zu risikoloseren Investitionsm\u00f6glichkeiten und daher mehr Wirtschaftswachstum. Die Aufgabe w\u00e4hrungs- und geldpolitischer Autonomie sowie die Ungewi\u00dfheit, ob eine Einheitsw\u00e4hrung weniger wirtschaftliche Stabilit\u00e4t bringt als die bisherige Situation (ein von Deutschland dominiertes EWS) m\u00fcssen zu den Nachteilen gerechnet werden. \u00d6sterreich w\u00e4re als eines der wenigen L\u00e4nder Europas schon heute f\u00fcr die Wirtschafts- und W\u00e4hrungsunion qualifiziert.<\\\/p><p>KW  - Was erwartet \u00d6sterreich in der Wirtschafts- und W\u00e4hrungsunion der EG?; What Will Participation in the European Economic and Monetary Union Mean for Austria?<\\\/p><p>KW  - Was erwartet \u00d6sterreich in der Wirtschafts- und W\u00e4hrungsunion der EG?; What Will Participation in the European Economic and Monetary Union Mean for Austria?<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 65<\\\/p><p>SP  - 536<\\\/p><p>EP  - 548<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What Will Participation in the European Economic and Monetary Union Mean for Austria? 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