Governance of a fragile Eurozone

"When entering a monetary union, member countries change the nature of their sovereign debt in a fundamental way, i.e. they cease to have control over the currency in which their debt is issued. As a result, financial markets can force these countries’ sovereigns into default. In this sense, th...

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Bibliographic Details
Main Author: De Grauwe, Paul
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2011
CEPS
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19177533124919957159-Governance-of-a-fragile-eurozo.htm

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