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-- 5. The euro's ideational challenge to the unipolarity of the dollar -- 6. The Eurozone's monetary power in reforming the …1. Introduction : the euro challenge seen from emerging markets -- 2. Reframing the euro vs. dollar debate -- 3. The … material limits of the euro challenge to the dollar -- 4. The alternative of the euro and the negotiated status of the dollar …
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is described using a stochastic regime-switching model; second, the euro area governments’ responses to uncertain … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area … understand key drivers of the long-winded negotiations between the Syiza government and the euro area governments. …
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