Public Support for the Euro Essays on Labor Productivity, Monetary Economics, and Political Economy, Vol. 2 [#378648]

Public Support for the Euro: Essays on Labor Productivity, Monetary Economics, and Political Economy, Vol. 2
English | 2022 | ISBN: 303086023X | 242 Pages | PDF EPUB | 17 MB
The long-term sustainability of the euro and the Economic and Monetary Union (EMU) depends heavily on their ability to attract widespread public support. The support shown for the euro throughout its first two decades has helped to shield it against populist attempts at the national level to dismantle the common currency. It has granted political legitimacy to the presidents of the European Central Bank to do "whatever it takes" whenever a serious crisis has threatened the viability of the euro.