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Full-Text Articles in International Economics
Why Over-Financialization In The Eurozone Periphery Was Inevitable: A Crisis Of Flawed Legislation And Competitive Imbalances, Maximilian Bevan
Why Over-Financialization In The Eurozone Periphery Was Inevitable: A Crisis Of Flawed Legislation And Competitive Imbalances, Maximilian Bevan
Maximilian Bevan
Over the past three years, the heads of state in the Euro area have argued over the proper monetary mechanisms to alleviate the protracted European debt crisis. This paper illuminates the often-overlooked aspects of this crisis – the fundamental failures of the monetary union from its inception. It expands the scope of analysis on the Eurozone crisis by addressing the over-financialization in the Eurozone periphery (Greece, Portugal, and Spain) within a political-economy framework. It explicates the direct relationship between the political manipulations of the legislation by Germany (analyzed from a public choice perspective) and the resulting economic consequences that the …
Faulty Structure And Uninspired Member States Fail The Euro: Lessons Learned From The Greek Crisis, Maximilian Bevan
Faulty Structure And Uninspired Member States Fail The Euro: Lessons Learned From The Greek Crisis, Maximilian Bevan
Maximilian Bevan
The conception of the euro was a moment that revolutionized the role of a monetary union. States no longer dealt internally with their monetary policies nor made their decisions autonomously from other nations. The euro countries in 1999 became dependent on one another’s success of policymaking and proper governance. There were skeptics of this single currency theory but if it was executed properly, the Eurozone becomes one of the most important economic regions in the world. From 2002, when the euro coins were issued, up until eight months ago, the euro accomplished a level of significance rivaling the dollar and …
Understanding The Legitimacy Of Both Dissension And Acceptance Of Accommodative Monetary Policy, Maximilian Bevan
Understanding The Legitimacy Of Both Dissension And Acceptance Of Accommodative Monetary Policy, Maximilian Bevan
Maximilian Bevan
No abstract provided.