Currency Disintegration: Two Scenarios of Withdrawal

Dirk Meyer

Applied Economics Quarterly (formerly: Konjunkturpolitik), 2012, vol. 58, issue 3, 171-191

Abstract: The article deals with a member's exit from the Eurozone to solve internal problems with the existing currency union. Taking Greece and Germany as examples, this paper examines the advantages and disadvantages, the process itself, and the consequences of withdrawal for both the exiting member and the monetary union as a whole. Additionally, the concept of parallel currencies (a national currency alongside the Euro) is outlined to address costs and related issues.

Keywords: currency withdrawal; euro disintegration; disintegration inflation; European government debt crisis; parallel currency (search for similar items in EconPapers)
JEL-codes: E42 E59 F34 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.3790/aeq.58.3.171 (application/pdf)
Access to full text is restricted to subscribers (2008 onwards); Pay-per-view access from http://ejournals.duncker-humblot.de/loi/aeq or from http://www.genios.de (2006 onwards with 2 years moving wall)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aeq:aeqaeq:v58_y2012_i3_q3_p171-191

Ordering information: This journal article can be ordered from
http://www.duncker-h ... nomicsquarterly.html

Access Statistics for this article

Applied Economics Quarterly (formerly: Konjunkturpolitik) is currently edited by Ansgar Belke, Uwe Sunde and Winfried Koeniger

More articles in Applied Economics Quarterly (formerly: Konjunkturpolitik) from Duncker & Humblot, Berlin
Bibliographic data for series maintained by Deborah Anne Bowen ( this e-mail address is bad, please contact ).