Matches in SemOpenAlex for { <https://semopenalex.org/work/W2613543485> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W2613543485 abstract "In a recent paper Marc Lavoie (2014) has criticized my interpretation of the Eurozone (EZ) crisis as a balance of payments crisis (BoP view for short). He rather identified the original sin “in the setup and self-imposed constraint of the European Central Bank”. This is defined here as the monetary sovereignty view. This view belongs to a more general view that see the source of the EZ troubles in its imperfect institutional design. According to the (prevailing) BoP view, supported with different shades by a variety of economists from the conservative Sinn to the progressive Frenkel, the original sin is in the current account (CA) imbalances brought about by the abandonment of exchange rate adjustments and in the inducement to peripheral countries to get indebted with core countries. An increasing number of economists would add the German neo-mercantilist policies as an aggravating factor. While the BoP crisis appears as a fact, a better institutional design would perhaps have avoided the worse aspects of the current crisis and permitted a more effective action by the ECB. Leaving aside the political unfeasibility of a more progressive institutional set up, it is doubtful that this would fix the structural unbalances exacerbated by the euro. Be this as it may, one can, of course, blame the flawed institutional set up and the lack an ultimate action by the ECB as the culprit of the crisis, as Lavoie seems to argue. Yet, since this institutional set up is not there, the EZ crisis manifests itself as a balance of payment crisis." @default.
- W2613543485 created "2017-05-19" @default.
- W2613543485 creator A5086928146 @default.
- W2613543485 date "2014-12-01" @default.
- W2613543485 modified "2023-09-27" @default.
- W2613543485 title "Balance of payments or monetary sovereignty? In search of the EMU’s original sin – a reply to Lavoie" @default.
- W2613543485 hasPublicationYear "2014" @default.
- W2613543485 type Work @default.
- W2613543485 sameAs 2613543485 @default.
- W2613543485 citedByCount "0" @default.
- W2613543485 crossrefType "posted-content" @default.
- W2613543485 hasAuthorship W2613543485A5086928146 @default.
- W2613543485 hasConcept C109948328 @default.
- W2613543485 hasConcept C118552586 @default.
- W2613543485 hasConcept C15744967 @default.
- W2613543485 hasConcept C162324750 @default.
- W2613543485 hasConcept C165556158 @default.
- W2613543485 hasConcept C17744445 @default.
- W2613543485 hasConcept C18547055 @default.
- W2613543485 hasConcept C186229450 @default.
- W2613543485 hasConcept C199539241 @default.
- W2613543485 hasConcept C2776988154 @default.
- W2613543485 hasConcept C2779816988 @default.
- W2613543485 hasConcept C2781466463 @default.
- W2613543485 hasConcept C34447519 @default.
- W2613543485 hasConcept C52092804 @default.
- W2613543485 hasConcept C556758197 @default.
- W2613543485 hasConcept C94625758 @default.
- W2613543485 hasConcept C97369593 @default.
- W2613543485 hasConceptScore W2613543485C109948328 @default.
- W2613543485 hasConceptScore W2613543485C118552586 @default.
- W2613543485 hasConceptScore W2613543485C15744967 @default.
- W2613543485 hasConceptScore W2613543485C162324750 @default.
- W2613543485 hasConceptScore W2613543485C165556158 @default.
- W2613543485 hasConceptScore W2613543485C17744445 @default.
- W2613543485 hasConceptScore W2613543485C18547055 @default.
- W2613543485 hasConceptScore W2613543485C186229450 @default.
- W2613543485 hasConceptScore W2613543485C199539241 @default.
- W2613543485 hasConceptScore W2613543485C2776988154 @default.
- W2613543485 hasConceptScore W2613543485C2779816988 @default.
- W2613543485 hasConceptScore W2613543485C2781466463 @default.
- W2613543485 hasConceptScore W2613543485C34447519 @default.
- W2613543485 hasConceptScore W2613543485C52092804 @default.
- W2613543485 hasConceptScore W2613543485C556758197 @default.
- W2613543485 hasConceptScore W2613543485C94625758 @default.
- W2613543485 hasConceptScore W2613543485C97369593 @default.
- W2613543485 hasLocation W26135434851 @default.
- W2613543485 hasOpenAccess W2613543485 @default.
- W2613543485 hasPrimaryLocation W26135434851 @default.
- W2613543485 hasRelatedWork W1564013922 @default.
- W2613543485 hasRelatedWork W1942772109 @default.
- W2613543485 hasRelatedWork W1944055862 @default.
- W2613543485 hasRelatedWork W2147182653 @default.
- W2613543485 hasRelatedWork W2335946293 @default.
- W2613543485 hasRelatedWork W2606007777 @default.
- W2613543485 hasRelatedWork W2613168423 @default.
- W2613543485 hasRelatedWork W2796163693 @default.
- W2613543485 hasRelatedWork W2904426633 @default.
- W2613543485 hasRelatedWork W3122304726 @default.
- W2613543485 hasRelatedWork W3122496199 @default.
- W2613543485 hasRelatedWork W3123306454 @default.
- W2613543485 hasRelatedWork W3123536364 @default.
- W2613543485 hasRelatedWork W3123812308 @default.
- W2613543485 hasRelatedWork W3125799081 @default.
- W2613543485 hasRelatedWork W3126005757 @default.
- W2613543485 hasRelatedWork W3126067828 @default.
- W2613543485 hasRelatedWork W577641906 @default.
- W2613543485 hasRelatedWork W643348457 @default.
- W2613543485 hasRelatedWork W2018902675 @default.
- W2613543485 isParatext "false" @default.
- W2613543485 isRetracted "false" @default.
- W2613543485 magId "2613543485" @default.
- W2613543485 workType "article" @default.