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Focusing on the synchronization of business cycles in the Euro Area, the book explores its viability as an Optimal Currency Area amidst skepticism from economists prior to its establishment. The 2010 sovereign debt crisis highlighted significant challenges in its framework. The analysis delves into whether the Euro Area has evolved over time and identifies crucial factors that could enhance the stability and strength of its common currency in the future.
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Optimal Currency Areas and the Euro, Volume I, Johannes Kabderian Dreyer, Peter Alfons Schmid
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- Année de publication
- 2020
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