Showing 1 - 10 of 63
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In … integration of European financial markets emphasizing the enormous structural changes that came about since the euro has been …
Persistent link: https://www.econbiz.de/10013136590
the euro which has shown the weaknesses of the European institutions and stressed the heterogeneity of member countries …. The global financial crisis struck the euro area very severely because it coincided with the lack of appropriate policy … euro. In the following section it describes the euro crisis and examines the remedies put in place, noting that despite the …
Persistent link: https://www.econbiz.de/10011258694
One solution to the euro crisis as a debt crisis can be found in stimulating economic growth. The Troika has proposed … wages only will not solve the euro crisis. Only in the case of Greece, Europe’s biggest 'problem child', would a general …
Persistent link: https://www.econbiz.de/10011258799
of a future Europe without the Euro as state of political and economic marginalisation. I am contrasting this vision by … demanding European values and civic duties that make the common currency Euro sustainable: solidarity among Europeans and … Euro als Zustand von politischer und wirtschaftlicher Bedeutungslosigkeit. Dagegen stelle ich europäische Werte und …
Persistent link: https://www.econbiz.de/10011259362
This paper estimates the speed and determinants of euro adoption across Italian provinces by exploiting the natural … experiment in early 2002 when euro and lira dually circulated as legal tender. A unique data set with daily observations on the … net flows of euro banknotes from the branches of the Bank of Italy, province by province, is used. The speed of euro …
Persistent link: https://www.econbiz.de/10005260057
French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …
Persistent link: https://www.econbiz.de/10005260329
In common with the other periphery countries that joined the euro-zone in 1998-2000, Spain enjoyed ten years of … economic prosperity, essentially debt-financed. The financial crisis of 2008 has revealed deep structural problems in the euro … periphery countries. But the Spanish problems with de-leveraging suggest further difficulties for the euro-zone as it attempts …
Persistent link: https://www.econbiz.de/10009651401
The 2007+ credit crunch and economic crisis put European governments in severe debt, with talk about a Greek partial default. It also put the European banks into a zombie condition, while under Basel III the capital requirement rises from 8% to 10.5% (which requirement does not cover public debt...
Persistent link: https://www.econbiz.de/10009294940
European Monetary Union and the introduction of the euro as a single currency in the late 1990s. Finally, the study also …
Persistent link: https://www.econbiz.de/10009323468
Integration into the European Monetary Union (EMU) and adoption of Euro became a specific objective for Eastern … proposed set of indicators and it is estimated Balassa-Samuelson Effect on non-Euro countries. …
Persistent link: https://www.econbiz.de/10009644766