Della Posta, Pompeo; Tamborini, Roberto - In: Oxford open economics 1 (2022), pp. 1-16
Objectives: Is the Economic and Monetary Union (EMU) truly ‘irreversible’ as stated in the treaties? (i) From the sovereign debt crises of the 2010s, and the outbreak of the COVID-19 pandemic, we draw the lesson that when exposed to large, systemic shocks the EMU faces a trilemma among...
