A The lesson from the past is tough, but undeniable: All currency unions that were not anchored in state like political structures were wrecked sooner or later. This became the outcome when the economic development of participating countries began to drift apart, and the internal contradictions...

La struttura dell’Euro sembra essere una delle giustificazioni del prolungamento della crisi europea. In questo scritto, riprendiamo e discutiamo quattro differenti modi di uscita dalla crisi proposti in letteratura o sui riviste e giornali in questi ultimi anni. Proviamo a porre l’accento...

The authors analyze the CIS countries' potential readiness to establish a currency union. Based on Optimum Currency Area (OCA) criteria that determine the countries' readiness to form a currency union and some particular benefits and costs of a currency union several macroeconomic indicators are...