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Which ways and means are available for the macroeconomic and fiscal coordination and/or integration within the EMU-framework? Which are the pros and cons of these scenarios? This paper combines economic theory, empirical analysis and insights regarding EMU’s institutional history in order to...
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In this paper, we analyze the role of the current institutional setup of the eurozone in fostering the ongoing … particular, we present a Post-Keynesian eurozone center-periphery model through which we show how, due to the incomplete nature … of eurozone institutions with respect to a full-fledged federal union, diverging trends and conflicting claims have …
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