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A return to the Deutschmark or a core monetary union would impoverish Europe’s economies. Instead, Eurobonds could offer a viable solution to preserve unity in diversity

Hassel, Anke and Schelkle, Waltraud (2012) A return to the Deutschmark or a core monetary union would impoverish Europe’s economies. Instead, Eurobonds could offer a viable solution to preserve unity in diversity. LSE European Politics and Policy (EUROPP) Blog (22 Mar 2012) Blog Entry.

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Abstract

An overstretched EU-level monetary policy and differences in real interest rates within the Eurozone have led to a vicious circle of asset bubbles in some Eurozone countries and slow growth in others. The introduction of Eurobonds, together with fiscal innovation at the member state level, can help to ensure income convergence with stability, argue Anke Hassel and Waltraud Schelkle

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog
Additional Information: © 2012 The Authors
Library of Congress subject classification: H Social Sciences > H Social Sciences (General)
J Political Science > JA Political science (General)
J Political Science > JN Political institutions (Europe)
Sets: Departments > European Institute
Collections > British Politics and Policy at LSE
Collections > LSE European Politics and Policy (EUROPP) Blog
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 04 Apr 2012 09:05
URL: http://eprints.lse.ac.uk/42963/

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