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The Eurozone crisis does not necessarily prove that a monetary union also requires fiscal/political union

Wren-Lewis, Simon (2013) The Eurozone crisis does not necessarily prove that a monetary union also requires fiscal/political union. LSE European Politics and Policy (EUROPP) Blog (04 Mar 2013). Website.

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Abstract

A common argument is that the Eurozone crisis necessitates greater fiscal and political integration among countries using the single currency. Simon Wren-Lewis disputes this idea, arguing that we should be cautious about forming concrete conclusions from a single observation. He states that the lesson of Eurozone failure is largely about bad design, rather than disproof of concept.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2013 The Author
Divisions: LSE
Subjects: H Social Sciences > HG Finance
J Political Science > JN Political institutions (Europe)
Date Deposited: 10 May 2013 08:27
Last Modified: 13 Sep 2024 18:30
URI: http://eprints.lse.ac.uk/id/eprint/50178

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