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The need for contingency planning: potential scenarios of Eurozone disintegration

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  • Marek Dabrowski

Abstract

Since the beginning of 2010, the common currency area in Europe found itself under serious strain as a consequence of the sovereign debt crisis in several member states. While a substantial political and financial effort has been made to avoid a collapse of the Euro project, its ultimate outcome remains uncertain due to continuous financial market pressures and political challenges faced by individual member states. Therefore, one cannot entirely rule out the possibility of either a partial or total breakup of the Eurozone, even if such a demise would bring about disastrous economic and political consequences for the entire EU and its external partners.

Suggested Citation

  • Marek Dabrowski, 2012. "The need for contingency planning: potential scenarios of Eurozone disintegration," CASE Network E-briefs 11, CASE-Center for Social and Economic Research.
    • Handle: RePEc:sec:ebrief:1211
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    Cited by:

    1. Anders Åslund, 2017. "Lessons from the Collapse of the Ruble Zone," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(04), pages 12-18, January.
    2. Anders Aslund, 2012. "Why a Breakup of the Euro Area Must Be Avoided: Lessons from Previous Breakups," Policy Briefs PB12-20, Peterson Institute for International Economics.

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    Keywords

    Eurozone;

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