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The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic … empirical research on the - transitory - decline of the Euro. Issues of exchange rate policy and international economic … relations also are addressed. Contents: European Monetary Union: Start of the Euro and the Need for Complementary Measures in …
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Recent literature on the European debt crisis emphasizes that rising external trade and lending imbalances between the European Monetary Union's (EMU) Northern and Southern member states served as a crucial determinant behind speculative divergence between these two regions. However, these...
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, the “Lehman shock” hit, followed by the euro crisis. Monetary policy, financial regulation and the state of the financial … the euro area tell us about exchange rate regimes in general? Clearly, a new model is needed, one that is conducive to …
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