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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Format: | Article |
Language: | English |
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Economists' Association of Vojvodina
2011-01-01
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Series: | Panoeconomicus |
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Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2011/1452-595X1105593D.pdf |