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The paper discusses the role of a dual currency system as a solution to problems experienced by some eurozone countries, especially Greece. The dual currency system as suggested by the author would consist of the euro and a reintroduced national currency, referred to as the “new drachma”....
Persistent link: https://www.econbiz.de/10011010331
The financial and economic crisis after year 2007 had an asymmetric impact on the countries of the European Union. While some reasons for this asymmetries are identified, some others remain far from being clearly and openly expressed. In particular, it is not quite obvious why some countries...
Persistent link: https://www.econbiz.de/10011267285
The aim of the paper is a comparison of economic policies in Estonia and Hungary before and during the recent financial and economic crisis and the results of the policies. Such a comparison is justified by a crucial similarity of the economies of both countries; they are small, open economies...
Persistent link: https://www.econbiz.de/10011267305
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Persistent link: https://www.econbiz.de/10007264023
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The subject of the article is the theoretical aspects of the effectiveness of the sterilized currency intervention as a means to stabilize the fixed rate. Effectiveness of currency intervention, especially sterilized, is the subject of continuous controversy the resolution of which is searched...
Persistent link: https://www.econbiz.de/10005727757
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