Titlebook: Crisis in the Eurozone; Causes, Dilemmas and Mark Baimbridge,Philip B. Whyman Book 2015 Palgrave Macmillan, a division of Macmillan Publish

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Theoretical Considerations of a Single Currencyzone beneficial or not for the EU as a whole? The purpose of this chapter is to analyse this issue. More specifically, it seeks to evaluate the criteria that have been advanced by different authorities to assess whether or not membership in the single currency would prove beneficial.

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Monetary Policy within the Eurozoneg from the eurozone; however, far less attention has been paid to how the eurozone will operate in practice. In particular, the institutional design of the eurozone stipulates a central role for an ECB, established to be independent of government and charged with sustaining the stability of the curr

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Fiscal Federalism Moreover, it is not only the design of the eurozone, and the rules established to limit participation to suitable candidate nations, which have been found to be at fault, but also the economic architecture introduced in an attempt to sustain this new arrangement (Degryse, 2012: 6).

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Ullrich Dittler,Christian Kreidlhe United Kingdom’s experience of ERM membership at too high a parity — has been associated with economic recession, bankruptcies, housing price collapses and mass unemployment. Consequently, whilst a properly constructed system can be a benefit to participating countries, a badly designed regime ca

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g from the eurozone; however, far less attention has been paid to how the eurozone will operate in practice. In particular, the institutional design of the eurozone stipulates a central role for an ECB, established to be independent of government and charged with sustaining the stability of the curr