This paper looks at the short history of the Eurozone through the lens of an evolutionary approach to forming new … institutions. The euro has operated as a currency without a state, under the dominance of Germany. This has so far allowed the euro … to achieve a number of design objectives, and this may continue, as long as Germany does not shirk its growing …

At a time of historic challenges to the viability of the Eurozone, we assess the contribution of the EU and the Euro to …

and recovery patterns for key EU members like Germany and France, within the Eurozone, were similar. However, after the … bubble burst and the crisis began unfolding it became clear that the Eurozone plight differed from America's in one … fundamental respect. There was no exact counterpart of Eurozone GIIPS (Greece, Italy, Ireland, Portugal, and Spain) in the United …

exist in most Eurozone countries. Although the European Central Bank managed the euro in a way that achieved a low rate of … Greek departure from the Eurozone …

policy-induced variations in stock returns. Finally, monetary contractions have a larger impact on consumption in Germany and …

process in Greece, Spain, Ireland, and Portugal and, by way of contrast, in Germany, a country that did experience a reform …