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Minimal Conditions for the Survival of the Euro

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Intereconomics

Abstract

Most technocrats argue that creating the euro was a way of forcing the pace of political integration, since monetary union is not possible without political union. We disagree and instead put forward four minimal conditions for the survival of the euro. Political integration in Europe has its limits; the trick is to understand when less is more.

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Authors and Affiliations

  1. Department of Economics, University of California, Berkeley, 30 Evans Hall, MC #3880, 94720-3880, Berkeley, CA, USA

    Barry Eichengreen

  2. The Graduate Institute, Chemin Eugène-Rigot, 2, 1202, Geneva, Switzerland

    Charles Wyplosz

  3. Centre for Economic Policy Research, London, UK

    Charles Wyplosz

Authors
  1. Barry Eichengreen
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  2. Charles Wyplosz
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Correspondence to Barry Eichengreen.

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Eichengreen, B., Wyplosz, C. Minimal Conditions for the Survival of the Euro. Intereconomics 51, 24–28 (2016). https://doi.org/10.1007/s10272-016-0569-z

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  • DOI: https://doi.org/10.1007/s10272-016-0569-z

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