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The Euro and the Na...
The Euro and the Nation-State That Never Disappeared: Would Europe Benefit from the Return of National Currencies?
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- Andersson, Fredrik N G (författare)
- Lund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Department of Economics,Lund University School of Economics and Management, LUSEM
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Bakardjieva Engelbrekt, Antonina (redaktör/utgivare)
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Leijon, Karin (redaktör/utgivare)
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Michalski, Anna (redaktör/utgivare)
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Oxelheim, Lars (redaktör/utgivare)
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(creator_code:org_t)
- 2020-01-23
- 2020
- Engelska 34 s.
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Ingår i: The European Union and the Return of the Nation State. - Cham : Springer International Publishing. - 9783030350048 ; , s. 165-189
- Relaterad länk:
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http://dx.doi.org/10...
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https://lup.lub.lu.s...
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https://doi.org/10.1...
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Abstract
Ämnesord
Stäng
- This chapter discusses the current problems and future prospects of the euro area. The author argues that the problem for the euro area is not the return of the nation-state, but that the nation-states never disappeared. A common currency requires common economic policies, which is largely lacking in the euro area. As a result, large economic and social imbalances have emerged. The chapter examines proposals from the European Commission to increase the level of co-operation to reduce the imbalances. He finds the proposals backward-looking and insufficient. Towards the end of the chapter, the author explores possibility of some countries leaving the euro area. He finds that a friendly divorce is costly in the short term, but likely needed to restore economic balance in the long run. According to the author, a smaller euro area may mean more European co-operation down the line.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- euro
- penningpolitik
- euroområdet
- Europa
- ekonomisk politk
Publikations- och innehållstyp
- kap (ämneskategori)
- vet (ämneskategori)
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