| INTRODUCTION | 1 | |
| 1. | AN UNREASONABLE CHOICE | 5 |
| Immiserfzing Monetary Unions | 13 | |
| Non-Optimal Monetary Areas, Viable and Non Viable | 18 | |
| Harmful Federalism | 20 | |
| An Inherently Destabilizing Mechanism | 26 | |
| 2. | BUT WHAT POLITICAL ADVANTAGE? | 31 |
| Cartels and Debtors’ Interest | 35 | |
| A Mercantilist Bargain | 42 | |
| Adverse Effects and Self-Destruction | 52 | |
| 3. | How ALL THIS WILL END | 55 |
| A More Realistic Assessment of the Cost of Exit | 60 | |
| The Franc Might Be Devalued Only Slightly — Or Not At All | 63 | |
-ix-
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Book title: Euro Exit: Why (and How) to Get Rid of the Monetary Union.
Contributors: Jean-Jacques Rosa - Author.
Publisher: Algora.
Place of publication: New York.
Publication year: 2012.
Page number: ix.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
One moment ...
- Georgia
- Arial
- Times New Roman
- Verdana
- Courier/monospaced
Reset