Political economy of the euro area crisis

For many experts the true motivation behind the introduction of a single currency in Europe is political rather than economic. This view is based on the fact that the euro area does not constitute an optimal currency area and, therefore, the costs of monetary integration are likely to outweigh th...

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Bibliographic Details
Main Author: Dadak Casimir
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2011-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2011/1452-595X1105593D.pdf