Saving Euro by dividing Europe in multiple OCA’s

On the aftermath of the global credit crunch was made clear thatthe Euro countries debtcrisis shows that the EMU is far from being an Optimal Currency Area (OCA) under its current form.The countries accepted bailouts from their counterparts and international organizations in order toprevent the Euro...

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Bibliographic Details
Main Author: Dimitrios K. Dapontas
Format: Article
Language:English
Published: Danubius University 2013-04-01
Series:Acta Universitatis Danubius: Oeconomica
Subjects:
OCA
Online Access:http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1682/1551