de Grauwe, Paul (2010) A mechanism of self-destruction of the eurozone. CEPS commentaries. Centre for European Policy Studies, Brussels, Belgium.
Full text not available from this repository.Abstract
Drawing an analogy with the ill-fated Exchange Rate Mechanism (ERM) of the pre-eurozone era, Paul De Grauwe argues in a new CEPS Commentary that the creation of a sovereign debt default mechanism is a very bad decision that will make the eurozone more fragile by making financial crises an endemic feature.
| Item Type: | Monograph (Report) |
|---|---|
| Official URL: | http://www.ceps.eu/ |
| Additional Information: | © 2010 Centre for European Policy Studies |
| Divisions: | European Institute |
| Subjects: | H Social Sciences > HG Finance J Political Science > JZ International relations |
| JEL classification: | E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy (Targets, Instruments, and Effects) E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies F - International Economics > F3 - International Finance > F36 - Financial Aspects of Economic Integration H - Public Economics > H6 - National Budget, Deficit, and Debt > H63 - Debt; Debt Management |
| Date Deposited: | 08 Oct 2012 09:48 |
| Last Modified: | 15 Sep 2023 22:14 |
| URI: | http://eprints.lse.ac.uk/id/eprint/46646 |
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