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In this paper we outline alternative policy recommendations addressing the problems of differential inflation, divergence in competitiveness, and associated current account imbalances within the euro area. The major purpose of these alternative policy proposals is to generate sustainably high...
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Die aktuelle Krise lässt vermuten, dass die Eurozone noch lange nicht die theoretischen Voraussetzungen für einen … Ausgleichsmechanismen, die in der Eurozone nicht vorhanden sind. …
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