The Euro: A Gold Standard With No Exit

ABSTRACT: The euro, once expected to bring Europe together, is now a source of antagonism and division.  This paper will explore the euro’s faulty design, how it helped to lead countries into problems, and how in the aftermath of the financial crisis, austerity deepened recession and increased debt levels for troubled economies.  The continuing Greek ordeal will be a special focus.

Download The Euro: A Gold Standard With No Exit, Zaccone [full paper]

Download slides for this paper.