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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Introduction, for currency unions and more specifically for the EA. The chapter further offers brief comments on the results of the analysis of business cycle synchronization that was conducted throughout the pivot.

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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?.978-3-030-46517-9978-3-030-46515-5

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es the academic concerns about the lack of synchronised busi.This book analyses business cycles synchronization in the Euro Area (EA), one of the 3 criteria that define Optimal Currency Areas (OCAs). Even before its launch, economists questioned whether the EA has what it takes to become an OCA. The

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Ruzlan Md-Ali,Arsaythamby Velooischen Überseegebieten und der Metropole ist so natürlich, wie sie in jenen Kolonien, die sich von ihrem Mutterland getrennt haben, unnatürlich war“, konstatierte Staatsminister Rodrigo de Sousa Coutinho noch im Jahr 1798 (Coutinho 1949 [1798]: 406; Alexandre 1993: 85). Wenn es also 1822 genau genom