Blog Post

The orphan currency

Ten years after the launch of the euro, there are large divergences within the euro zone and the questions of optimal monetery areas are once again on the agenda. Jean Pisani-Ferry argues that there is a point where the debate ceases to be economic and the initial questions about the political counterpart to monetary union […]

By: Date: May 25, 2008 Topic: Banking and capital markets

Ten years after the launch of the euro, there are large divergences within the euro zone and the questions of optimal monetery areas are once again on the agenda. Jean Pisani-Ferry argues that there is a point where the debate ceases to be economic and the initial questions about the political counterpart to monetary union resurface.

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