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seems as if there is an alternative. But what? The Eurozone is in a deep and prolonged crisis. It is now clear that monetary …The deepening crisis of the European Monetary Union -- The theoretical rationale of a monetary union -- Germany as the … source of the Eurozone crisis -- The stock-flow quandry of the EMU -- European and global inability to deal with external …
Persistent link: https://www.econbiz.de/10011333732
This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a … remains uncertain no matter what European Central Bank President Mario Draghi may promise. Germany's "safe haven" status may … worsen German competitiveness and the German economy would crater as a result. Additional wealth losses on Germany …
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der europäischen Wirtschafts- und Währungsunion fällen, wobei sie in Deutschland den Hauptverantwortlichen für die Krise … sehen. Die rigorose Sparpolitik, Lohnsenkungen und Sozialabbau, die Deutschland als führende Macht in Europa den südlichen …
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This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances had remained unchecked prior to the crisis. As those...
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