Titlebook: Optimal Currency Areas and the Euro, Volume I; Business Cycles Sync Johannes Kabderian Dreyer,Peter Alfons Schmid Book 2020 The Editor(s) (

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Johannes Kabderian Dreyer,Peter Alfons Schmidn die Prinzipien dieser Virtualisierungslösung ein und bietet dem Fortgeschrittenen zahlreiche bisher unveröffentlichte Interna, die für eine optimale Implementation ebenso wichtig sind wie für die erfolgreiche Fehleranalyse. Ein Muss für jeden im Umfeld von UNIX-Rechenzentren..978-3-540-34611-1Series ISSN 1611-8618 Series E-ISSN 2363-9059

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978-3-030-46517-9The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerl

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Literature and Theory,rs are not able to conduct monetary policies on their own. Moreover, it presents economic variables that are commonly used by the literature to study the synchronization of business cycles. Finally, the chapter presents conflicting theories on the capacity of the EA to evolve toward more synchronization over time.

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Discussion, reflections upon policies that could be adopted to foster more synchronization of business cycles in the EA. The chapter moves from an initial general discussion into the reflection on what can be learnt from the relationship of each independent variable with the level of business cycle correlation.

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Book 2020e its launch, economists questioned whether the EA has what it takes to become an OCA. The onset of the sovereign debt crisis in 2010 confirmed the challenges relating to its construction. But did the EA change over time, and what key drivers may be necessary in the future to strengthen the common currency?.