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Fiscal restraint looks inevitable in the Eurozone following the pandemic, especially if the fiscal rules are reinstated. How to match this with the need to finance the climate transition? Two possible routes are explored. One is the adoption of a ‘green golden rule’, with the structural...
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Monetary Union (EMU) with a single currency. Progress towards the EMU has been slow and the recent oil price plunge has led to … diversification. The purpose of this paper is to analyse the scope of an EMU in the GCC against the backdrop of current oil crisis and … countries of the European EMU in the 1990s preceding the introduction of the single currency Euro. Design …
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