Was the launch of the euro an expensive and dangerous mistake for the peoples of Europe? If so, who was to blame? And what are the escape routes — either in the form of bold reform or of break-up? These questions — and the responses — form the substance of the present volume. Only the last question — and the attempt to answer it by drafting detailed scenarios in which present member countries could exit from monetary union — is new. The potential costs and benefits and the motives or competence of the policy-makers had been extensively debated in the roughly three decades up until the realization of European Monetary Union (EMU) in 1999.
Weitere Kapitel dieses Buchs durch Wischen aufrufen
- The Hidden Alternative
- Palgrave Macmillan UK
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