The Eurozone Crisis: Muddling through on the Way to a More Perfect Euro Union?
Taking a historical perspective of economic changes, this paper argues that muddling through crises-induced reforms characterizes well the evolutionary process of forming currency unions. The economic distortions facing the euro include structural challenges in the labor and product markets, and fin...
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| Format: | Article |
| Language: | English |
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MDPI AG
2013-10-01
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| Series: | Social Sciences |
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| Online Access: | http://www.mdpi.com/2076-0760/2/4/221 |