Oil and vinegar: a positive fiscal theory of the Euro crisis
"The theory of optimal currency areas states that a currency union may succeed if the participating countries have complementary industry structures. If this is not the case a currency union does not, inevitably, have to fail because market forces will induce adjustments of the industry structu...
Main Author: | Blankart, Charles B. |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Munich
2013
CESifo |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19122465124919406479-oil-and-vinegar-a-positive-fis.htm |
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