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首页> 外文期刊>International journal of monetary economics and finance >Reassessment of the OCA criteria in the Euro area: the case of Greece
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Reassessment of the OCA criteria in the Euro area: the case of Greece

机译：欧元区OCA标准的重新评估：希腊

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摘要

The Greek crisis should not be considered an unexpected phenomenon. On the contrary, it has been caused by, among other things, rushed political decisions, incomplete EU institutions of governance and hidden political and economic causes. We analyse the optimality and effectiveness of the European monetary framework on two different levels: first by applying the OCA criteria to the EMU and second, by evaluating the main political and economic institutions and their vulnerabilities within the European level. We claim that many European countries, including Greece and other countries of Southern Europe remain unable to afford the vulnerable and one-sided, weak political and economic European monetary context. Additionally, we claim that unless deep governance structures emerge, a possible enlargement of the Eurozone could create more costs than benefits for both the candidate members and the Eurozone itself.
机译：希腊危机不应被视为意料之外的现象。相反，它是由仓促的政治决定，欧盟治理体制不完善以及政治和经济隐患引起的。我们在两个不同的层面上分析了欧洲货币框架的最优性和有效性：首先通过将OCA标准应用于EMU，其次通过评估主要的政治和经济制度及其在欧洲范围内的脆弱性。我们声称，包括希腊和南欧其他国家在内的许多欧洲国家仍然无法承受脆弱的，单方面的，疲软的政治和经济欧洲货币环境。此外，我们声称，除非建立深厚的治理结构，否则欧元区的扩大可能会给候选成员国和欧元区本身带来比利益更大的成本。

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