Resilience in Focus : Certain Mechanisms of the Deepening of the Economic and Monetary Union

The economic resilience - the flexibility of economy and also capability resistance to shocks is a central category European reform processes. It contains proactive reactive dimension, as well necessity adaptation new circumstances. study examines basic dimensions resilience: vulnerability factors, shock absorption ability recover, finds that efficiency interactions synergy deep integration system determined by interconnected mechanisms convergence resilience. Approaching may show direction national policies. With increase certain member states, structural reforms at level could decrease (reduce) expense anti-cyclical (national fiscal or common monetary) policies in stabilizing Eurozone’s economies.