de Grauwe, Paul (2010) How to embed the Eurozone in a political union. Vox (17 Jun 2010) Opinion Piece.Full text not available from this repository.
The Eurozone lacks the mechanisms needed to ensure convergence of members’ competitive positions and to resolve crises. This essay argues that the survival of the Eurozone depends on its capacity to embed itself into a political union. The latter must imply some transfer of sovereignty in macroeconomic policies and the organisation of automatic solidarity between member states.
|Item Type:||Website (Opinion Piece)|
|Additional Information:||© 2010 VoxEU.org|
|Library of Congress subject classification:||H Social Sciences > HG Finance
J Political Science > JZ International relations
|Journal of Economic Literature Classification System:||F - International Economics > F3 - International Finance > F36 - Financial Aspects of Economic Integration
F - International Economics > F5 - International Relations and International Political Economy > F59 - International Relations and International Political Economy: Other
|Sets:||Departments > European Institute
Collections > Economists Online
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