Completing the monetary union of Europe as mid-term solution of the Euro crisis

Justina A. V. Fischer; Francesco Pastore

This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted.

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Year of publication:	2015
Authors:	Fischer, Justina A. V. ; Pastore, Francesco
Publisher:	Bonn : IZA
Subject:	Europe \| Euro \| Greece \| Germany \| IMF \| Monetary Union \| EU-Staaten \| EU countries \| Eurozone \| Euro area \| Griechenland \| Währungsunion \| Monetary union \| Deutschland \| Schuldenkrise \| Debt crisis \| Wirkungsanalyse \| Impact assessment \| Finanzpolitik \| Fiscal policy \| Öffentliche Schulden \| Public debt \| Geldpolitik \| Monetary policy \| Optimaler Währungsraum \| Optimum currency area

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Extent:	Online-Ressource (10 S.)
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. 9230
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/114120 [Handle]
Classification:	E12 - Keynes; Keynesian; Post-Keynesian ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; F15 - Economic Integration ; F16 - Trade and Labor Market Interactions ; F33 - International Monetary Arrangements and Institutions ; F55 - International Institutional Arrangements ; h12 ; H50 - National Government Expenditures and Related Policies. General ; H63 - Debt; Debt Management ; O42 - Monetary Growth Models ; O43 - Institutions and Growth
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011308548