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The Euro’s Difficult Future

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In The Euro’s Difficult Future – Competitiveness Imbalances and the Eurozone’s North-South Divide author Luigi Bonatti, a professor of economics at the University of Trento in Italy, stresses that the existing North-South competitiveness divide creates growing tensions between member countries and fuels hostility towards European Union institutions. The paper illustrates why this competitiveness divide is structural, cannot be tackled by macroeconomic policies, and could threaten the euro’s survival.
Keywords: 
Eurozone Governance, Euro, Competitiveness, Competitive Industries, European Central Bank, European Union
Country of publication: 
United States
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Publication date: 
Thursday, September 14, 2017
Number of pages: 
18