Chapter 5: Implications of the crisis for the euro area
Michael Devereux (),
Authors registered in the RePEc Author Service: Luigi Guiso (),
Giancarlo Corsetti (),
Gilles Saint-Paul (),
Hans-Werner Sinn (),
Xavier Vives (),
Jan-Egbert Sturm () and
John Hassler ()
EEAG Report on the European Economy, 2010, 11-127
The current crisis has led many analysts to re-assess the role of the euro. At face value, the euro area has done relatively well at avoiding the massive financial crisis of the Anglo-Saxon countries. Does the crisis prove the virtues of the euro, or can it be a source of tensions that stress the viability of the monetary union?
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