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The Euro: A dozen do's and don't's

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dc.creator Siebert, Horst
dc.date 1998
dc.date.accessioned 2013-10-16T06:32:57Z
dc.date.available 2013-10-16T06:32:57Z
dc.date.issued 2013-10-16
dc.identifier urn:isbn:3894561602
dc.identifier http://hdl.handle.net/10419/994
dc.identifier ppn:240793714
dc.identifier RePEc:zbw:ifwkdp:312
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/994
dc.description 1. Make the national labor markets more flexible in order to avoid additional unemployment. 2. Do not Europeanize wage formation. 3. Leave employment a national responsibility. 4. Do not push for a social union. 5. Resist the political demand for transfers. 6. Accept the 'one-size-fits-all' monetary policy and improve efforts to stabilize the national economy. 7. Tie down national fiscal and budget policy to avoid political pressure on the European Central Bank. 8. Do not belittle the entry criteria of sustainability. no 9. Do not get seduced by the fallacy of the short-run Phillips curve. 10. Do not play around with the external value of the euro. 11. Denationalize the common money. 12. Depoliticize the common currency.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Diskussionsbeiträge 312
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject Wirtschaftspolitik
dc.subject Politische Integration
dc.subject EU-Staaten
dc.title The Euro: A dozen do's and don't's
dc.type doc-type:workingPaper


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