We study the mechanisms through which the adoption of the Euro delayed, rather than advanced, economic reforms in the … Euro zone periphery and led to the deterioration of important institutions in these countries. We show that the abandonment … process after the creation of the Euro. …

In this research report IDEAS explores the current euro crisis by looking at the debates preceding the conception of … the euro. How can the early days of EU monetary cooperation help us understand today's predicament? And what lessons can … we draw from them for the euro? Emmanuel Mourlon-Druol is Pinto Fellow at LSE IDEAS. Today's debates about the viability …

others used the gravity model on a much smaller data set to estimate the effects of the euro on trade among its members. The … that were estimated in the euro's first four years hold up in the second four years? The answer is yes. Second, and more … explanations for the gap between 15% and 200%. First, lags. The euro is still very young. Second, size. The European countries are …

and the subsequent euro area crisis have amplified both the salience and the redistributive consequences of decisions …. Interestingly, our results show that support for the euro has remained high within the euro area; however, attitudes are … seen to deepen divisions within Europe, our findings suggest that it has also encouraged citizens in the euro area to form …