establishment on prospects for the internationalization of the renminbi as a reserve currency around the world. As China's economy … diversifies in the acquisition of global assets, the renminbi may partially displace the dollar or yen as a reserve currency, with … the internationalization of the Chinese currency will be of great value to central bankers, financiers, and students of …

: institutions, policy and performance (Jérôme Creel) -- Part II: The Euro at 20 -- 4. Single market and single currency: intended … intellectual historical perspective on the creation of the euro and its 20 first years, a comprehensive review of the current and … future challenges of the euro area, including a critical look at the different options for the reform of its governance and …

This book critically analyses the crisis of the euro currency from 2008 to the present. It argues that an understanding … differ and together challenge the euro currency by requiring a varied policy response from Europe. Eurocritical is a guide … euro. It goes on to describe and explain the crises in four countries - Greece, Ireland, Spain and Italy - showing how they …

Part 1 - The Eurozone as a (non) Optimum Currency Area -- STIGLITZ, Joseph. The fundamental flaws in the Euro Zone … framework -- BONGARDT, Annette and TORRES, Francisco. EMU as a Sustainable Currency Area -- ROSSI, Sergio, A structural … Euro Area economic structures changing? -- ANDRADE, João A. S., DUARTE, Adelaide P. S. and SIMÕES, Marta C. N., Differences …

lost in terms of economic and social cost from 2002 to 2014 as a consequence of the super-evaluation of the Euro and the … -- PART II: Some Empirical Evidence: Why European Treaties are a Negative-sum Game -- 11. The Cost of the Super-Euro: 2002 …

This book tells the story of the euro crisis in Cyprus from the inside. Written by the former Governor of the Central … did Cyprus become so systemically important to the rest of the euro area? Why was Cyprus treated so differently in …-term implications for the euro? What are the lessons for regulators around the world? The book will appeal to readers interested in …

whole project. Further, it undermines the internal macroeconomic logic of a single currency like the euro, and gives a …The Economics of Monetary Union: the Theory of Optimum Currency Areas (OCAs) -- The Economic Rationale of Fiscal Rules … -- The Global Crisis and Alternative Scenarios to Save the Euro: A Spanish Perspective -- Appendix: Ideology and Economics in …

1 Introduction -- 2 What Went Wrong With the Euro?.- 3 Public Debt: Introductory Remarks -- 4 Was the Eurozone an … Acceptable Currency Union? -- 5 Preconditions of a Monetary Union -- 6 What Was the Theory Behind the Formation of EMU? -- 7 Will … of the Euro? -- 12 On the Destabilizing Effects of Bailouts -- 13 On Sound Money and Credit Conditions -- 14 The Case of …