Going Forward from B to A? Proposals for the Eurozone Crisis
Going Forward from B to A? Proposals for the Eurozone Crisis
复制标题
从 B 前进到 A？
DOI：
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发表时间：
2016
期刊：
影响因子：
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通讯作者：
G. Zezza
中科院分区：
文献类型：
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作者：
Massimo Amato;L. Fantacci;D. Papadimitriou;G. Zezza
在回顾了当前欧元区危机的主要决定因素之后，本文讨论了引入财政货币作为恢复希腊等外围国家财政空间的可行性，这些国家迄今采取了紧缩措施，以遵守它们对欧元区机构和IMF的承诺。我们表明，引入财政货币将加快复苏，而不会违反欧元区条约的规则。与此同时，这些进程可能有助于欧元从目前的单一货币地位转变为“共同清算货币”的地位，就像凯恩斯在布雷顿森林会议上提议的那样，作为一种国际结算体系。因此，欧元区国家可以从旨在解决成员国国内问题的“B计划”，转向建立更完善的欧洲货币体系的“A计划”。
After reviewing the main determinants of the current Eurozone crisis, this paper discusses the feasibility of introducing fiscal currencies as a way to restore fiscal space in peripheral countries, such as Greece, which have so far adopted austerity measures in order to abide by their commitments with Eurozone institutions and the IMF. We show that the introduction of fiscal currencies would speed up the recovery, without violating the rules of Eurozone Treaties. At the same time, these processes could help the transition of the euro from its current status of single currency to a status of “common clearing currency” along the lines proposed by Keynes at Bretton Woods as a system of international settlements. Eurozone countries could therefore move from “Plan B” aimed at addressing member state domestic problems, to a “Plan A” of a better European monetary system.
通过法令治愈？
影响因子：
7.4
作者：
Robinson,JamesP;Turk,DennisC
通讯作者：
Turk,DennisC