The Causes of Euro Instability

descriptionPublicationkeyboard_double_arrow_right Article , Research , Preprint 01 Jan 2001 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Philip Arestis; Iris Biefang-Frisancho Mariscal; Andrew Brown; Malcolm Sawyer;

doi: 10.2139/ssrn.264295

handle: 10419/31698

The Causes of Euro Instability

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Abstract

This paper examines the causes of the general decline in the value of the euro by assessing the various explanations proffered in existing literature, then offering a more satisfactory explanation. The argument prevalent in the literature

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Keywords

ddc:330, that the decline in value of the euro is due to U.S. strength rather than to any inherent difficulties with its imposition, jel: jel:E

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