the monetary union? Vol. II: Scenarios for the Future of the Euro. …

government money the solution? -- Why are national parallel currencies and a value-secured euro with purchasing power guarantee a …-purchasingprogrammes endanger the independence of the ECB. As an alternative, Dirk Meyer develops a parallel currency concept for a functioning … common currency. The Content Vol. I: An Inventory Where is a liability union already evident today? To what extent is the …

today the success of the euro has prompted a reconsideration of whether monetary unions should be implemented elsewhere …. This CESifo volume assesses contemporary theoretical and empirical work on optimal currency areas, considering such … "endogeneity of the optimum currency criteria" hypothesis, and the integration process of Central European countries into the …