Thursday, April 5, 2012

The Economics And Politics Of A Currency Union

Ken Rogoff looks at the current eurozone crisis and he examines the economics and politics of a common currency union. The crisis in Europe may have been triggered by the US financial crisis but a strong currency union should be more able to withstand such a shock. He concludes that the common currency union, perhaps with fewer members, will require greater political integration in order to survive.

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