de Grauwe, Paul (2010) How to embed the Eurozone in a political union. VoxEU.
Full text not available from this repository.Abstract
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: | Article |
|---|---|
| Official URL: | http://www.voxeu.org/ |
| Additional Information: | © 2010 VoxEU.org |
| Divisions: | European Institute |
| Subjects: | H Social Sciences > HG Finance J Political Science > JZ International relations |
| JEL classification: | 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 |
| Date Deposited: | 08 Oct 2012 09:43 |
| Last Modified: | 13 Sep 2024 22:57 |
| URI: | http://eprints.lse.ac.uk/id/eprint/46644 |
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