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At the crossroads: The euro and its central bank guardian (and savior?)

Bibow, Jörg - 2012

Monetary Union (EMU), focusing on the German intellectual and historical traditions behind the euro policy regime and its … controlled by, the state. By contrast, the Maastricht (EMU) regime (of German design) positions the central bank as controlling … model in pre-EMU times has left Europe stuck with a policy regime that is wholly unsuitable for the area as a whole. As the …

Persistent link: https://www.econbiz.de/10010318636

The euro and its guardian of stability: The fiction and reality of the 10th anniversary blast

Bibow, Jörg - 2009

This paper investigates why Europe fared particularly poorly in the global economic crisis that began in August 2007. It questions the self-portrait of Europe as the victim of external shocks, pushed off track by reckless policies pursued elsewhere. It argues instead that Europe had not only...

Persistent link: https://www.econbiz.de/10010281711

On the Methodology of Studying Differentiated (Dis)integration: Or How the Potential Outcome Framework Can Contribute to Evaluating the Costs and Benefits of Opting In or Out

Burk, Marian; Leuffen, Dirk - In: JCMS: Journal of Common Market Studies 57 (2019) 6, pp. 1395-1406

The European Commission's 2017 White Paper on the Future of Europe sets out several scenarios related to differentiated (dis)integration. But although our understanding of the causes of differentiated (dis)integration has substantively improved over recent years, our knowledge about its...

Persistent link: https://www.econbiz.de/10012428649

Dollar bloc or yen bloc in East Asia?

Gharleghi, Behrooz; Shafighi, Najla - In: International journal of economic research 12 (2015) 1, pp. 121-130

Persistent link: https://www.econbiz.de/10011419706

Europäische Bankenunion

Breuss, Fritz - In: Vierteljahrshefte zur Wirtschaftsforschung 82 (2013) 2, pp. 127-147

in the delayed implementation of reforms of the banking sector. Whereas the leaks in economic governance of EMU have been …

Persistent link: https://www.econbiz.de/10011285699

The stabilising properties of a European Banking Union in case of financial shocks in the euro area

Breuss, Fritz; Röger, Werner; Veld, Jan in 't - 2015

Persistent link: https://www.econbiz.de/10011288456

An investment initiative for fiscally constrained EU member states : the role of synergetic financial instruments

Zeilbeck, Severin - 2015

The economy of the European Union has not recovered from the impact of the economic and financial crisis. Growth rates remain low and investment activity is weak. This questions current economic policies of the Economic and Monetary Union, known as austerity. In opposition to fiscal contraction...

Persistent link: https://www.econbiz.de/10011380141

Choosing a proper scenario of the monetary development and financial integration in the EurAsEC

Žuk, I. N.; Godes, Nadzeya - In: Olsztyn economic journal 9 (2014) 3, pp. 183-199

Persistent link: https://www.econbiz.de/10011306191

Making the Euro viable : the Euro treasury plan

Bibow, Jörg - 2015

The euro crisis remains unresolved and the euro currency union incomplete and extraordinarily vulnerable. The euro regime’s essential flaw and ultimate source of vulnerability is the decoupling of central bank and treasury institutions in the euro currency union. We propose a “Euro...

Persistent link: https://www.econbiz.de/10011309515

Did emergency liquidity assistance (ELA) of the ECB delay the bankruptcy of Greek banks?

Götz, Martin R.; Haselmann, Rainer; Krahnen, Jan Pieter; … - 2015

The European Central Bank (ECB) increased the emergency liquidity assistance (ELA) for Greek banks from €50 billion in February 2015 to approximately €90 billion in June 2015. Its actions were accompanied by a discussion among academics, politicians and practitioners regarding the legitimacy...

Persistent link: https://www.econbiz.de/10011333051