What were the key anticipated benefits of adopting the Euro for the member states of the Eurozone and the businesses and organisations operating in it?
What were the key anticipated benefits of adopting the Euro for the member states of the
Eurozone and the businesses and organisations operating in it?
Describe the origins and unfolding of the Eurozone sovereign debt crisis. Explain, using
relevant theories covered in the module, what problems in the operation of the Euro this crisis
The module is international finance and English is not my first language.
Acharya, V.V. and Steffen, S., 2015. The “greatest” carry trade ever? Understanding
eurozone bank risks. Journal of Financial Economics, 115(2), pp.215-236.
Lane, P.R., 2012. The European sovereign debt crisis. The Journal of Economic Perspectives,
Nelson, R.M., Belkin, P. and Mix, D.E., 2011. GREECE’S DEBT CRISIS: OVERVIEW,
POLICY RESPONSES AND IMPLICATIONS. Journal of Current Issues in Finance,
Business and Economics, 4(4), p.371.
Maurice Obstfeld, Jay C. Shambaugh and Alan M. Taylor, 2005. The Trilemma in History:
Tradeoffs among Exchange Rates, Monetary Policies, and Capital Mobility. The Review of
Economics and Statistics, 87(3), pp.423–438.
Pisani-Ferry, Jean (2012) : The Euro crisis and the new impossible trinity, Bruegel Policy
Contribution, No. 2012/01