The European Monetary Union Needs a Government Banker
AbstractMany economists contend that the European Monetary Union is in serious danger. This economist argues that it needs a fiscal authority to issue Europewide bonds that the European Central Bank can trade so that the bank can lower country funding costs and counter bond market speculation.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Challenge.
Volume (Year): 54 (2011)
Issue (Month): 4 (July)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043
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