The risks of exit from the EMU and the EU (in Italian)

Giuseppe Marotta

Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) from Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi"

Abstract: The recipe of leaving the Euro, and therefore the EU, in order to foster Italian net export through a devaluation of the new Lira, offers hardly credible benefits compared to certain costs of the ensuing triple financial crisis. The costs would be heightened given the economic, legal ad geopolitical constraints of the country.

Keywords: Italexit; redenomination risk; triple financial crisis; global value chain; EMU trilemma. (search for similar items in EconPapers)
JEL-codes: E40 E61 (search for similar items in EconPapers)
Pages: pages 28
Date: 2017-04
New Economics Papers: this item is included in nep-int, nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:mod:wcefin:17401

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