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Leistungsbilanzungleichgewichte und der Abbau von Defiziten -- Determinanten der Leistungsbilanz und der Einfluss … -- Betrachtung der Branchenebene -- Implikationen für optimale Währungsräume und die Eurozone. … Volkswirtschaften in der Eurozone. Er leitet den Zusammenhang zwischen den beiden Größen theoretisch her und bestätigt die Argumentation …
Persistent link: https://www.econbiz.de/10014019225
disregarding important macroeconomic imbalances, Euro-monetarists have derailed the entire Eurozone project to such an extent that …1. Eurozone Crises -- 2. An 'Optimal' Currency Area: What Could it Mean? -- 3. Why was the EMU Established?: Different … -- 8. Any Future for the Euro?. …
Persistent link: https://www.econbiz.de/10014018611
China’s trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China’s foreign trade and China’s role in global trade have...
Persistent link: https://www.econbiz.de/10014016858
attention from policy makers and economists alike. Alongside global imbalances, sustainability of imbalances within the euro … area, which started widening shortly after the introduction of the euro, raised much concern. While there exists a large … their applicability to the various global and intra-euro imbalances of the recent past. Furthermore, the author examines the …
Persistent link: https://www.econbiz.de/10014021013
A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. This book analyzes the main issues and individual regions,...
Persistent link: https://www.econbiz.de/10012053806
The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the...
Persistent link: https://www.econbiz.de/10012053993
Part 1 - The Eurozone as a (non) Optimum Currency Area -- STIGLITZ, Joseph. The fundamental flaws in the Euro Zone … dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy. The … Euro Area economic structures changing? -- ANDRADE, João A. S., DUARTE, Adelaide P. S. and SIMÕES, Marta C. N., Differences …
Persistent link: https://www.econbiz.de/10012397341
Concept of Labour Market Flexicurity in the Eurozone -- The Spanish Case: The Housing Market Bubble and External Disequilibria … -- The Global Crisis and Alternative Scenarios to Save the Euro: A Spanish Perspective -- Appendix: Ideology and Economics in … whole project. Further, it undermines the internal macroeconomic logic of a single currency like the euro, and gives a …
Persistent link: https://www.econbiz.de/10014016996
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 … of the Euro? -- 12 On the Destabilizing Effects of Bailouts -- 13 On Sound Money and Credit Conditions -- 14 The Case of …
Persistent link: https://www.econbiz.de/10014017066
This book examines the Eurozone crisis in light of theoretical and empirical evidence. The first half explores specific … half presents results of counterfactual simulations using the Oxford Econometric model and estimates what the Eurozone has … lost in terms of economic and social cost from 2002 to 2014 as a consequence of the super-evaluation of the Euro and the …
Persistent link: https://www.econbiz.de/10012397533