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Titlebook: Endgame for the Euro; A Critical History Bill Lucarelli Book 2013 Palgrave Macmillan, a division of Macmillan Publishers Limited 2013 desig

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楼主: LEVEE
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Conclusion,t-lines between the core/surplus countries and the peripheral/deficit countries experience a profound rupture. In the absence of political union and fiscal federalism, these centrifugal forces appear to be irreversible. Either the peripheral states default and exit the euro, or Germany itself comes
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Sound Finance and the Wealth of Nationsre to inform earlier experiments towards EMU. This chapter will examine the first experiment known as the “snake in the tunnel” and some of the theoretical problems associated with a system of fixed exchange rates.
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https://doi.org/10.1007/978-90-481-3664-3nment revenue caused by the recession, which in turn, has only further increased their respective debt burden (Backburn, 2011, p.39). But the onset of a fiscal crisis has provoked a downgrading of the creditworthiness of the debtor states and triggered further speculative attacks in the bond markets as government bond yields increased sharply.
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EMU: The First Experiment,re to inform earlier experiments towards EMU. This chapter will examine the first experiment known as the “snake in the tunnel” and some of the theoretical problems associated with a system of fixed exchange rates.
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The Break-Up of the Eurozone?,nment revenue caused by the recession, which in turn, has only further increased their respective debt burden (Backburn, 2011, p.39). But the onset of a fiscal crisis has provoked a downgrading of the creditworthiness of the debtor states and triggered further speculative attacks in the bond markets as government bond yields increased sharply.
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Project 1992,erosis” — the combination of high unemployment and low economic growth — had pervaded the economic landscape. Project 1992 was formulated as a neoliberal solution the Europe’s perceived lack of dynamism and loss of export competitiveness.
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