Can I read Blueprint for Economic and Monetary Union on EtoBox?

Blueprint for Economic and Monetary Union by EKAI Center is a document available to read on EtoBox.

What is Blueprint for Economic and Monetary Union about?

The document discusses weaknesses in the initial design of the European Economic and Monetary Union (EMU) that were exposed by the financial crisis beginning in 2008. Specifically, it notes that EMU lacks a central fiscal capacity and coordination of economic policies failed to prevent divergences between member states. Weak market discipline and financial integration also contributed to crises by allowing risks to accumulate within countries. The document argues these issues must be addressed to strengthen

Author

EKAI Center

Language

EN