This book explores the role of national fiscal policies in a selected group of Euro-area countries under the European … expansions in the small Euro-area open economies affected by high public and private debt. It is shown that the macroeconomic … outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece …

accompany fiscal consolidation and discusses the appropriate tools of crisis management and why a restructuring of the Eurozone … is not the right step. Based on these considerations, a long-term target picture for the Eurozone as a part of the EU is …. Improvements are discussed how to make the Euro work on a sustainable basis. Besides a credible commitment of all Euro members to …

A detailed and informed analysis of the current crisis facing the eurozone, examining the root causes and exploring the …

Wirtschaftliche Auswirkungen der Euro: Wer profitiert hat -- Was falsch lief -- Politische Schlussfolgerungen …, ohne dabei deren mögliche Fallstricke auszublenden. Konkrete Maßnahmen werden diskutiert, um den Euro dauerhaft … funktionsfähig zu machen. Neben der Verpflichtung aller Euro-Mitglieder zur Fiskaldisziplin spielen die Wahrung …

light on the growing economic and political debate on the future of the Euro, the Eurozone and the EU. The book investigates …'Enrico Marelli and Marcello Signorelli provide an excellent analysis of the causes of the Eurozone crisis and of the … strategies that we will have to follow to ensure the survival of the Euro.' - Paul De Grauwe, Professor of European Political …

Greece's economy symbolizes in many ways the Eurozone's economic problems and divergent interests as it amasses most of … the economic disadvantages characterizing the Eurozone's economy itself. This book presents the economic and political …