states of the European Union that has far-reaching implications for the long-run value of the euro, and therefore, on the …

"The economies of the Eurozone countries are plagued by multiple crises, which cast major doubts over the future of the … Euro. In this engaging new book, leading heterodox economist Malcolm Sawyer argues that the entire policy framework of the … Eurozone was fundamentally flawed from its foundation. He shows how these ‘design faults’ intensified the effects of the crisis …

prolonged growth. They contend that the economic impact of the euro, and its accompanying institutions, is likely to be … as the Stability and Growth Pact which govern the euro. The authors propose alternative policy and institutional … arrangements within which the euro should be embedded. They demonstrate that these would have the benefits of a single currency …

The on-going crisis of the eurozone is calling its continued existence into doubt, and raising questions on whether it … can function effectively. The view of the nature of the eurozone crisis as arising from ‘design faults' of the Economic … and will make the economic performance of the eurozone countries worse. Some Keynesian remedies for the crisis in terms of …

The euro was adopted as legal tender, albeit in a virtual form, by 11 countries of the European Union on January 1 …, 1999, with the intention that notes and coins denominated in euros would be introduced and the national currencies would be … phased out during the first six months of that year and that the euro would be fully operational by 2002. This paper first …