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Building faith in a common future, which is at the core of the making of a common currency, has been declining since the turn of the 1980s. The economic neoliberalism that diffused worldwide after the collapse of the Gold Exchange Standard and the economic crisis of the mid 1970s challenged the...
Persistent link: https://www.econbiz.de/10010535078
Persistent link: https://www.econbiz.de/10005446648
The diversity in the eurozone has costs and advantages, respectively, for countries whether they are confronted with an overvalued or undervalued euro. Rough estimations of these costs and benefits help to assess the adjustments that could lead to a sustainable eurozone. A purely financial type...
Persistent link: https://www.econbiz.de/10010683312
This paper sets out to ask what happened between 1981 and 1986 to the French policy of full employment. The cautious path followed led to the combination of long-term industrial restructuring with comprehensive monitoring of the labor market. Problems arose on both sides. Short-term policies on...
Persistent link: https://www.econbiz.de/10005554476