The Breakup of the Euro Is a Probable “Impossibility”

Dimitris N. Chorafas

Chapter 1 in Breaking Up the Euro, 2013, pp 1-23 from Palgrave Macmillan

Abstract: Abstract Globalization has been both a process and a state of mind. In the course of the last three decades, global markets opened greater perspectives than regional or local markets for raw materials, agricultural produce, manufactured goods and services—and, to a more limited extent, for labor. Countries in a relatively early stage of development saw their gross domestic product grow. Some, by adopting tools and methods from developed countries, established themselves as manufacturing powerhouses.

Keywords: International Monetary Fund; European Central Bank; Monetary Union; Common Currency; Sovereign Debt (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-33229-5_1

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DOI: 10.1057/9781137332295_1

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