Showing 1 - 10 of 7,862
The destructive potential of the sovereign debt crisis of the euro area has been slowly abating since last summer, but … euro area, and the other being an erosion of trust in the viability of the euro area itself. Such concerns have led to talk … the crisis or the future of the euro area. While the crisis is a traumatic wake-up call, it is also a catalyst for change …
Persistent link: https://www.econbiz.de/10011606296
The destructive potential of the sovereign debt crisis of the euro area has been slowly abating since last summer, but … euro area, and the other being an erosion of trust in the viability of the euro area itself. Such concerns have led to talk … the crisis or the future of the euro area. While the crisis is a traumatic wake-up call, it is also a catalyst for change …
Persistent link: https://www.econbiz.de/10010688313
This paper investigates the phenomenon of persistent macroeconomic divergence that has occurred across the eurozone in recent years. Optimal currency area theory would point toward asymmetric shocks and structural factors as the foremost candidate causes. The alternative hypothesis pursued here...
Persistent link: https://www.econbiz.de/10010266502
Persistent link: https://www.econbiz.de/10012321781
in response to the euro area crisis. The paper complements the economic narratives of the crisis with an institutional …
Persistent link: https://www.econbiz.de/10011606312
Persistent link: https://www.econbiz.de/10011548336
the euro's existence. It argues that two formative intellectual currents converged at Maastricht to shape the design and … reception of the euro regime: ordoliberalism and neoliberalism. Germany's ordoliberalism inspired and shaped the euro regime … power. As a product of the zeitgeist, Europe got stuck with a deeply flawed euro regime. The Maastricht Treaty …
Persistent link: https://www.econbiz.de/10014363379
Persistent link: https://www.econbiz.de/10014534481
Structural reforms in labour and product markets are required in a number of euro-area countries. A question in this … regard, which is the topic of this paper, is whether belonging to the euro area tends to help or hinder structural reform … the decade since 1993 between euro-area countries and other OECD countries. Overall, euro-area countries appear to have …
Persistent link: https://www.econbiz.de/10005045886
The launching of the EURO not only affects the members of EURO-Land, but it also affects the potential new member … Central Africa?s single-currency zone. These countries will adopt the EURO without belonging to the Union. And if Sweden …, Denmark, Greece and Britain join the single currency, then their overseas territories would automatically adopt the EURO too …
Persistent link: https://www.econbiz.de/10011375010