European Information Network on International Relations and Area Studies

The Crisis and the Euro

Author(s): Barry Eichengreen
Publisher(s): Elcano Royal Institute of International and Strategic Studies, Madrid, Spain
Date of publication: 14 May 2009
Volume number: 2009
Issue number: 23
Pages: 20
Series: Elcano Royal Institute Working Papers

Description: This paper explores the different challenges that the financial crisis has posed to the euro area and its governance. First, it examines the role of the eurozone in the genesis of the financial crisis. Second, it analyzes the debates around the possibility that some eurozone members could be tempted to re-establish their old national currencies. It then explores the prospects of new EU members adopting the euro. Fourth, it evaluates the European Central Bank's response to the crisis and the need for a single bank regulator. Finally, it speculates about the future of the euro‐dollar rivalry.

Download:

English - Download the full-text document (533 KB)



Home About Task Groups Conferences Services Publications		Search

	The Crisis and the Euro Author(s): Barry Eichengreen Publisher(s): Elcano Royal Institute of International and Strategic Studies, Madrid, Spain Date of publication: 14 May 2009 Volume number: 2009 Issue number: 23 Pages: 20 Series: Elcano Royal Institute Working Papers Description: This paper explores the different challenges that the financial crisis has posed to the euro area and its governance. First, it examines the role of the eurozone in the genesis of the financial crisis. Second, it analyzes the debates around the possibility that some eurozone members could be tempted to re-establish their old national currencies. It then explores the prospects of new EU members adopting the euro. Fourth, it evaluates the European Central Bank's response to the crisis and the need for a single bank regulator. Finally, it speculates about the future of the euro‐dollar rivalry. General note: © 2009 Elcano Royal Institute of International and Strategic Studies Download: English - Download the full-text document (533 KB)

Search

The Crisis and the Euro