The Euro at ten, lessons and challenges
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The Euro at ten, lessons and challenges fifth ECB Central Banking conference 13-14 November 2008 by Ben Bernanke

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Published by European Central Bank in Frankfurt am Main, Germany .
Written in English

Book details:

Edition Notes

Statementeditors, Bartosz Maćkowiak ... [et al.].
ContributionsCecchetti, Stephen G. (Stephen Giovanni), Feldstein, Martin S., Fischer, Stanley, Caselli, Francesco, 1966-, Constâncio, Vítor, 1943-, Gaspar, Vitor, Giavazzi, Francesco, Honkapohja, Seppo, 1951-, Kalemli-Ozcan, Sebnem, Kashyap, A. K., Lane, Philip R., 1969-, Manganelli, Simone, Mongelli, Francesco P., Ning, Su, Orphanides, Athanasios, Ortiz Martínez, Guillermo, Pagano, Marco, Papaioannou, Elias, Peydró, José-Luis, Rajan, Raghuram, Reichlin, Lucrezia, Rose, Andrew, 1959-, Sapir, André, Schill, Wolfgang, 1940-, Simor, András, Stark, Jürgen, Stein, Jeremy C., Trichet, Jean-Claude, Ventura, Jaume, Weber, Axel A., Wyplosz, Charles, European Central Bank, ECB Central Banking conference (5th : 2008)
LC ClassificationsHG925 .E867842 2009
The Physical Object
Pagination315 p. :
Number of Pages315
ID Numbers
Open LibraryOL24498768M
ISBN 109289903759
ISBN 109789289903752
LC Control Number2010472222

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Challenge: Overlapping/combined instruments • Wind generation is very effective at reducing demand for EUAs – 50 Mt-CO 2/yr in Germany (15% of electricity emissions) – At a reasonable premium: average 43€ /t-CO 2 for – But about Mt/yr EU -wide from fuel switching for this price of which Mt/yr in Germany. euro area, on progress made (and not made) since the euro crisis of and finally considers the resilience of the euro project and the future challenges it is likely to face. 2 See ECB (). 3 2. Successes The legal and organisational infrastructure underlying the European .   The Euro and Its Threat to the Future of Europe by Joseph Stiglitz – review The economist exposes the flaws of the common currency, but . Let me now turn to a second major challenge I see, namely enlarging the euro area. The historic EU enlargement with ten countries on the 1st of May last year was only a first step in the process of economic and monetary integration of the new Member States.

single currency helped protect the euro area against speculation and devaluation. Then, in , the EU and its member states made a concerted effort to reduce their public debt. The big challenge for European countries in the years ahead will be to stand together in the face of global crises and to find, together, a way out of. Search the world's most comprehensive index of full-text books. My library. Abstract. Over the first ten years of its existence, the euro has proved to be more than a powerful symbol of collective identity. It has provided price stability to previously inflation-prone countries; it has offered a shelter against currency crises; and it has by and large been conducive to budgetary discipline. The big challenge for European countries in the years ahead will be to stand together in the face of global crises and to find, together, a way out of recession and into sustainable growth. EUROPE IN 12 LESSONS BY PASCAL FONTAINE European Union. Union.