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How Germany Benefits from the Euro in Economic Terms. Policy Brief #2013/01

Petersen, Thieß and Böhmer, Michael and vom Stein, Henning (2013) How Germany Benefits from the Euro in Economic Terms. Policy Brief #2013/01. [Policy Paper]

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    There can be no doubt about the fact that Germany benefits from the euro in a significant number of ways. For ex-ample, monetary union membership helps to reduce the cost of international trade, and provides protection against excessive exchange rate volatility. This means that even if Germany had to write off a large percentage of the loans that it has made available to the heavily indebted states of southern Europe as part of the various euro rescue measures, the economic advantages of its membership of the monetary union would continue to predominate. Reverting to the deutschmark would thus be disadvantageous even in purely economic terms.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Germany
    EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bertelsmann Stiftung/Foundation (Gutersloh, Germany) > Policy Brief
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 02 Apr 2016 16:08
    Number of Pages: 8
    Last Modified: 29 Nov 2016 11:08

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