The Survivability of the Euro

Invesco
Door september 9, 2019 18:05

The Survivability of the Euro

Part I: Reform, Relevance and Robustness

The Survivability of the Euro, the second white paper in our Future of Europe series, offers a framework for assessing efforts begun in the past decade to strengthen the euro. The paper is presented in three parts:

  • 1. In part I, Reform, Relevance and Robustness, which we present here, we analyse the many unions that are being built or fortified to buttress Economic and Monetary Union (EMU). We assess each on its own merits and demerits and consider its contribution to the euro’s viability.
  • 2. In part II, Analysis, Antecedents and Analogies, we place the euro within the theory, history and current context of monetary unions.
  • 3. In part III, The Architecture of EMU, we organise the myriad macroeconomic and microeconomic reforms to help assess their overall contribution to the strength and resilience of the euro.
Invesco
Door september 9, 2019 18:05

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