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Leaving the euro: An emergency exit for the currency union? Bertelsmann Stiftung EUROPA Briefing 2017

Haas, Jörg (2017) Leaving the euro: An emergency exit for the currency union? Bertelsmann Stiftung EUROPA Briefing 2017. [Policy Paper]

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    Abstract

    The euro does not provide its members with any option to leave. This protects the common currency against speculative attacks on the one hand. The euro crisis demonstrated on the other hand how difficult it is for Eurozone countries to constructively solve economic and fiscal policy conflicts among themselves. Why was the euro designed as a oneway street? What would be the consequences of an exit option? And what alternatives are there to an exit?

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    Item Type: Policy Paper
    Subjects for non-EU documents: 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) > Europa Briefing​
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 27 Feb 2020 13:29
    Number of Pages: 5
    Last Modified: 27 Feb 2020 13:29
    URI: http://aei.pitt.edu/id/eprint/102538

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