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dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy. The …Part 1 - The Eurozone as a (non) Optimum Currency Area -- STIGLITZ, Joseph. The fundamental flaws in the Euro Zone … Costa. The Eurozone’s Private and Governmental Shock Absorbers: Current Setup and Future Prospects -- RODRIGUES, Nuno Cunha …
Persistent link: https://www.econbiz.de/10012397341
This book provides a fully revised and up-to-date analysis of the Economic and Monetary Union (EMU). With four entirely new chapters on responses to the financial crisis and the debate on reform options, Tomann assesses the EMU in comparison with other currency regimes through the adoption of a...
Persistent link: https://www.econbiz.de/10012397441
1 Introduction -- 2 What Went Wrong With the Euro?.- 3 Public Debt: Introductory Remarks -- 4 Was the Eurozone an … the Eurozone Dissolve Into Its Constituents? -- 8 Can There Be an Efficient Dissolution of a Monetary Union? -- 9 Complete … Supporter of the Gold Standard -- 21 Fundamental Problems of the Eurozone -- 22 Stability and the Eurozone -- 23 Conditions for …
Persistent link: https://www.econbiz.de/10014017066
Some Basic Models -- Monetary Policy in Europe -- Fiscal Policy in Germany -- First the Central Bank Decides, then the Governments Decide -- First the Governments Decide, then the Central Bank Decides -- Central Bank and Governments Decide Simultaneously and Independently: Cold-Turkey Policies...
Persistent link: https://www.econbiz.de/10014015248
Gründe der Eurokrise -- Gefahr der politischen Instabilität -- Rechtlicher Rahmen eines Austritts oder Ausschlusses -- Was ist bei einem Austritt zu beachten? -- Fahrplan für ein geordnetes Ausschlussverfahren als Ultima Ratio.
Persistent link: https://www.econbiz.de/10014017906
1. Eurozone Crises -- 2. An 'Optimal' Currency Area: What Could it Mean? -- 3. Why was the EMU Established?: Different …This book takes a close look at macroeconomic imbalances within the Eurozone and explores the profound consequences the … has left a number of Eurozone countries with devastatingly high rates of unemployment. The book argues that by …
Persistent link: https://www.econbiz.de/10014018611
1 Introduction.- 2 Literature Review -- 3 Descriptive Analysis -- 4 Determinants of Business Cycle Synchronistion -- 5 Shock Propagation Mechanisms and Business Cycle Convergence -- 6 Summary and Policy Implications -- 7 Appendix -- References
Persistent link: https://www.econbiz.de/10014016119
This book explores how British and German business associations formed their political attitudes towards Economic and Monetary Union between 1988 and 1998. With provocative argument and unique insight, it demonstrates how business associations are political entities in their own right, acting...
Persistent link: https://www.econbiz.de/10012054250
The drama of the common currency is a hot topic. The Euro was planned for the European Union's member states, bringing economically strong nations like Germany and Holland and weaker nations like Greece, Spain and Italy under one set of currency rules. A dozen years of its implementation has...
Persistent link: https://www.econbiz.de/10012106399
A Theoretical Framework -- Specifications and Assumptions -- Underlying Equilibrium Growth Paths -- Variations in Employment -- Some Important Implications -- Exchange Rate Overshooting -- Exchange Rate Determination -- Issues Regarding Exchange Rate Determination -- Time Series Properties of...
Persistent link: https://www.econbiz.de/10013521314