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Can the Eurozone Survive?

Authors :
Alojzy Z. Nowak
Kazimierz Ryć
Yochanan Shachmurove
Source :
SSRN Electronic Journal.
Publication Year :
2014
Publisher :
Elsevier BV, 2014.

Abstract

The paper discusses the differences among countries of the Eurozone which impede growth. The paper offers solutions aimed at encouraging economic convergence to a higher level of standard of living. Economic disparity throughout the region has increased due to the global financial crisis. A common currency is insufficient for economic growth. Sectoral policies need to be considered aimed at increasing equality among country members. The authors explore how the European Union may consider stimulating specific sectors in order to achieve real convergence and spur socioeconomic development in the Eurozone countries.

Details

ISSN :
15565068
Database :
OpenAIRE
Journal :
SSRN Electronic Journal
Accession number :
edsair.doi...........470e03c4a194634168775a191eba9426
Full Text :
https://doi.org/10.2139/ssrn.2572740