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Euroland: Besser als befürchtet, aber schlechter als erhofft?

  • Jochen Michaelis
  • Michael Pflüger

Die Schaffung der Europäischen Währungsunion hatte in wissenschaftlichen Kreisen heftigste Kontroversen ausgelöst. Der vorliegende Beitrag unternimmt, dreieinhalb Jahre nach dem Beginn der Währungsunion, eine Bestandsaufnahme der Entwicklungen in den diesbezüglich zugrunde liegenden zentralen Problembereichen: den Arbeitsmärkten, der Inflationsentwicklung und der Budgetproblematik. Eine Analyse der Thesen im Lichte der bisherigen makroökonomischen Daten führt zu einem gemischten Urteil: Während die Entwicklungen auf den Arbeitsmärkten und im Inflationsbereich bislang in der Tendenz positiv sind, stagniert die angestrebte Besserung bei der Budget- und Schuldenproblematik. Da die weltwirtschaftlichen Einflüsse bis jetzt günstig bzw. für alle Teilnehmerländer von ähnlicher Wirkung waren, steht ein harter Test des makroökonomischen Rahmens aber noch aus.

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Article provided by DIW Berlin, German Institute for Economic Research in its journal Vierteljahrshefte zur Wirtschaftsforschung.

Volume (Year): 71 (2002)
Issue (Month): 3 ()
Pages: 296-311

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Handle: RePEc:diw:diwvjh:71-30-2
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