The eurozone crisis as a balance-of-payments crisis : assessment of fundamental causes and political implications.

• Main Author: Boix, Vicente.
• Other Authors: S. Rajaratnam School of International Studies
• Format: Theses and Dissertations
• Language: English
• Published: 2014
• Subjects: DRNTU::Social sciences
• Online Access: http://hdl.handle.net/10356/55269
• Institution: Nanyang Technological University

The debate over the distribution of the costs to correct the balance-of-payments disequilibrium that is at the core of the current Eurozone crisis, may create the political momentum for both current account surplus and deficit countries to leave the euro. Similar to what happened in the Bretton Wood...