Title: Money, payment systems and the European Union
Description: When the term "governance" is associated with money, the mind goes directly to the traditional regulatory paradigm, i.e. the nation State-Central Banking-Currency. However, over time, there has been a steady erosion of the nation states' sovereignty, also in the area of monetary law. This process of erosion is still working from within and externally to the nation State or, in other words, from upwards to downwards and vice versa. Moving from upwards to downwards, highly interconnected financial markets have urged the national competent authorities to improve the global level of coordination i
Subjects: Monetary policy, Central Banks and banking, Economic policy, Politique monétaire, Banques centrales, Politique économique, BUSINESS & ECONOMICS, Economics, Macroeconomics, POLITICAL SCIENCE, Economic Conditions
Places: European Union countries, Pays de l'Union européenne