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Das Scheitern historischer Währungsräume: Kann sich die Geschichte auch für die Eurozone wiederholen?
[Fail of Historical Currency Areas: Will History Repeat Itself in Case of the Euro Zone?]

Author

Listed:
  • Berthold, Norbert
  • Braun, Stella
  • Coban, Mustafa

Abstract

In den letzten drei Jahrhunderten wurde mehrmals der Versuch gestartet, eine stabile Währungsunion aus souveränen Staaten zu bilden. Vier historische Beispiele sollen durch ihre Entstehungsgeschichte und ihren Zerfall Aufschluss darüber geben, welche Gründe und Ursachen die Instabilität von Währungsräumen vorantreibt. Die Geschichte zeigt in bestimmten Punkten Parallelen zur heutigen Situation der Europäischen Währungsunion. Austrittsgründe der historischen Unionsmitglieder und die Stärke der Austrittsbemühungen lassen sich zum Teil auf die heutige Eurozone projizieren.

Suggested Citation

  • Berthold, Norbert & Braun, Stella & Coban, Mustafa, 2014. "Das Scheitern historischer Währungsräume: Kann sich die Geschichte auch für die Eurozone wiederholen? [Fail of Historical Currency Areas: Will History Repeat Itself in Case of the Euro Zone?]," Discussion Paper Series 127, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
  • Handle: RePEc:zbw:wuewwb:127
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    File URL: https://www.econstor.eu/bitstream/10419/98716/1/790221128.pdf
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    References listed on IDEAS

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    1. Hans-Werner Sinn & Timo Wollmershäuser, 2012. "Target loans, current account balances and capital flows: the ECB’s rescue facility," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(4), pages 468-508, August.
    2. Hans-Werner Sinn & Timo Wollmershäuser, 2011. "Target-Kredite, Leistungsbilanzsalden und Kapitalverkehr: Der Rettungsschirm der EZB," ifo Working Paper Series 105, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    3. Hans-Werner Sinn, 2011. "TARGET balances, foreign trade and money creation," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(09), pages 23-25, May.
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    Cited by:

    1. Kleczka, Mitja, 2015. "Monetary Policy, Fiscal Policy, and Secular Stagnation at the Zero Lower Bound. A View on the Eurozone," MPRA Paper 67228, University Library of Munich, Germany.
    2. Bodo Herzog, 2020. "Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(3), pages 155-159, May.
    3. Mtro. Sergio Solís Tepexpa & Luis Fernando Muñoz González, 2020. "Mexican Airlines in the Current Situation of COVID 19. Evolution and Prospects," European Journal of Marketing and Economics Articles, Revistia Research and Publishing, vol. 3, January -.

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    More about this item

    Keywords

    Lateinische Münzunion; Skandinavische Münzunion; Kronenzone; Rubelzone; Historische Währungsräume; Latin Monetary Union; Scandinavian Monetary Union; Crown Zone; Ruble Zone; Historical Currency Areas;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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