Bibow, Jörg (contributor) - 2006
-term survival of EMU. -- Economic and monetary union ; optimum currency area theory ; wageprice flexibility ; divergence …
potentially spiral out of control, threatening the long-term survival of EMU.
Keywords: Economic and monetary union, optimum … whole post-war era up to EMU too. In the past, such diverging
trends led to external imbalances and periodic exchange rate …