Yet another rescue plan for the European Monetary Union (EMU) is making its way through central Europe, but no one is … profligate spending by some nations but rather the setup of the EMU itself. We then turn to US problems, assessing the …

Imbalances ; Sectoral Balances Approach ; Modern Money Theory ; Debt Cancellation ; Global Financial Crisis ; Euro Crisis ; EMU …

A technical analysis shows that the doomsayers who support the euro at all costs and those who naively theorize that a … single currency is the root of all evil are both wrong. A euro exit could be a way of getting back to growth, but at the same … the euro; or, in the case of a euro exit, on the quality of the economic policies that are put in place once the country …

originated from the financial convergence that followed adoption of the euro. …

default. It is argued that the current crisis in Europe illustrates why the euro is not a real contender for hegemony in the … near future. -- Dollar ; Euro ; International Currency …

The euro crisis remains unresolved even as financial markets may seem calm for now. The current euro regime is … the euro are assessed and found lacking. A "Euro Treasury" scheme operating on a strict rule and specifically designed not … to be a transfer union is proposed here as a condition sine qua non for healing the euro's potentially fatal birth …

depressed euro that boosted German extra-area exports. But the crisis that started in Euroland's so-called periphery has … meanwhile reached the core. With pro-euro sentiments dwindling fast across the European Union (EU), the future of the euro … turn out to be a double-edged sword. In case of a euro breakup, swift appreciation of the new deutschmark would abruptly …