Showing 1 - 10 of 3,419
This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … threaten the euro's survival. The crisis in Euroland poses a global "too big to fail" threat, and presents a moral hazard of … perhaps unprecedented scale to the global community. -- Euro ; Monetary Union ; Banking Crisis ; Balance-of-Payments Crisis …
Persistent link: https://www.econbiz.de/10009533362
depressed euro that boosted German extra-area exports. But the crisis that started in Euroland's so-called periphery has … meanwhile reached the core. With pro-euro sentiments dwindling fast across the European Union (EU), the future of the euro … turn out to be a double-edged sword. In case of a euro breakup, swift appreciation of the new deutschmark would abruptly …
Persistent link: https://www.econbiz.de/10009757118
This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … the euro's survival. The crisis in Euroland poses a global “too big to fail” threat, and presents a moral hazard of …
Persistent link: https://www.econbiz.de/10013106538
have had even worse results for Germany. Fragility and divergence undermine the euro's longterm survival. -- German …
Persistent link: https://www.econbiz.de/10003229840
have had even worse results for Germany. Fragility and divergence undermine the euro's long-term survival …
Persistent link: https://www.econbiz.de/10012735028
In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal … methods. We draw a distinction between movements within Germany, circulation outside Germany but within the euro area and … demand from non-euroarea countries. Our approach suggests that only about 20% of euro notes issued by Germany are used for …
Persistent link: https://www.econbiz.de/10010209428
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 … unemployment continue to plague euro crisis countries. Its huge current account surplus highlights that the euro currency union …
Persistent link: https://www.econbiz.de/10011894027
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 … unemployment continue to plague euro crisis countries. Its huge current account surplus highlights that the euro currency union …
Persistent link: https://www.econbiz.de/10012912309
' competitiveness by the Eurozone. The uncertainty regarding the economic prospects of both the weaker members and the Eurozone further … enhances Germany's gain from the euro …
Persistent link: https://www.econbiz.de/10012987648
survey of developments regarding German ‘essential' competitiveness within the Eurozone, indicates that the leverage afforded … euro …
Persistent link: https://www.econbiz.de/10012989338