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Sezession: Ein gefaehrliches Spiel

Malte Krueger

No 201302, ROME Working Papers from ROME Network

Abstract: The problems posed by a potential exit from a political union or federation of states is not a new one. In the current crisis the potential exit from a monetary union is particularly relevant. Not long ago, potential exit has been an important topic in Canada. The analyses of the consequences of a potential exit of the province of Quebec can also be applied to the actual crisis of the European Monetary System. The results of the Canadian analyses show that exit involves the risk of major conflicts – even if both sides have strong preferences for a mutual agreement.

Keywords: crisis; Monetary System (search for similar items in EconPapers)
JEL-codes: F33 F36 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2013-07
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