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Deglobalisation post COVID-19 could spell trouble for the European Monetary Union

Bertasiute, Akvile; Massaro, Domenico; Weber, Matthias;

Deglobalisation post COVID-19 could spell trouble for the European Monetary Union

Abstract

Less economic integration would make it difficult for the ECB to stabilise the euro area economies. Symmetric monetary policy cannot do anything about this and individual countries would need to use fiscal policy tools.

Countries
Switzerland, United Kingdom
Keywords

economics, finance, HD Industries. Land use. Labor, HD28 Management. Industrial Management, HJ Public Finance

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