Bericht
Can Euroland survive?
Social unrest across Europe is growing as Euroland's economy collapses faster than the United States', the result of falling exports and a weaker fiscal response. The controversial title of this brief is based on a belief that the nature of the euro itself limits Euroland's fiscal policy space. The nations that have adopted the euro face market-imposed fiscal constraints on borrowing because they are not sovereign countries. Research Associate Stephanie A. Kelton and Senior Scholar L. Randall Wray foresee a real danger that these nations will be unable to prevent an accelerating slide toward depression that will threaten the existence of the European Union.
- Sprache
-
Englisch
- ISBN
-
978-1-936192-00-7
- Erschienen in
-
Series: Public Policy Brief ; No. 106
Wray, L. Randall
- Handle
- Letzte Aktualisierung
-
12.07.2024, 13:20 MESZ
Objekttyp
- Bericht
Beteiligte
- Kelton, Stephanie A.
- Wray, L. Randall
- Levy Economics Institute of Bard College
Entstanden
- 2009