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Revisiting the European Financial Supervisory Architecture – Lessons from the Crisis in Emerging Europe

Erik Berglof and Franziska Ohnsorge

Chapter 13 in The Euro and Economic Stability, 2010 from Edward Elgar Publishing

Abstract: The Euro and Economic Stability assesses the euro area’s merits as a shelter and the merits of euro assets as a safe haven and reviews the case for rapid euro adoption from a post-crisis view. Policymakers and economists provide relevant lessons from euro area divergences for future euro area members and, more generally, from the financial crisis, while banking representatives discuss post-crisis business models of banks in the area. Last but not least, a theoretical introductory chapter fills the gap between mainstream macroeconomic modelling and real-world decision-making.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2010
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