Econ Journal Watch

Scholarly Comments on Academic Economics

Understanding the Euro Requires Political Economy, Not Just Economics

by Charles Goodhart

Abstract

A comment on Lars Jonung and Eoin Drea’s (2010) article, “It Can’t Happen, It’s a Bad Idea, It Won’t Last: U.S. Economists on the EMU and the Euro, 1989-2002.” Econ Journal Watch 7(1):4-52. Link

in Economics in Practice

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Full Article [PDF]
Volume (Issue)
7(1)
Pages
59-60
Published
JEL classification
B22, E42, E5, F02, F33 and F41
Keywords
Euro, optimum currency area, European Central Bank (ECB), Economic and Monetary Union (EMU), Federal Reserve System, monetary unification, Europe, United States.
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