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Is the ‘EURO’ a Defunct Currency?

Year 2012, Volume: 2 Issue: 3, 296 - 303, 01.09.2012

Constantinos Alexıou Joseph Nellis

Abstract

In this paper we provide a brief discourse on the theory of optimum currency areas to serve as a basis for constructive criticism of the conceptual framework of the eurozone. With particular reference to the Greek economic crisis, we argue that the very architecture of the EU experiment involving the single currency was inherently flawed from the outset in so far as political pressures to speed up the process towards a politically unified Europe has resulted in what is perceived as the worst economic impasse in the history of modern capitalism.

Keywords

Optimum Currency Area Economic and Monetary Integration Euro Greece.

Year 2012, Volume: 2 Issue: 3, 296 - 303, 01.09.2012

Constantinos Alexıou Joseph Nellis

Abstract

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Details

Other ID JA69HR54HS
Journal Section Research Article
Authors

Constantinos Alexıou This is me

Joseph Nellis This is me

Publication Date September 1, 2012
Published in Issue Year 2012 Volume: 2 Issue: 3

Cite

APA Alexıou, C., & Nellis, J. (2012). Is the ‘EURO’ a Defunct Currency?. International Journal of Economics and Financial Issues, 2(3), 296-303.
AMA Alexıou C, Nellis J. Is the ‘EURO’ a Defunct Currency?. IJEFI. September 2012;2(3):296-303.
Chicago Alexıou, Constantinos, and Joseph Nellis. “Is the ‘EURO’ a Defunct Currency?”. International Journal of Economics and Financial Issues 2, no. 3 (September 2012): 296-303.
EndNote Alexıou C, Nellis J (September 1, 2012) Is the ‘EURO’ a Defunct Currency?. International Journal of Economics and Financial Issues 2 3 296–303.
IEEE C. Alexıou and J. Nellis, “Is the ‘EURO’ a Defunct Currency?”, IJEFI, vol. 2, no. 3, pp. 296–303, 2012.
ISNAD Alexıou, Constantinos - Nellis, Joseph. “Is the ‘EURO’ a Defunct Currency?”. International Journal of Economics and Financial Issues 2/3 (September 2012), 296-303.
JAMA Alexıou C, Nellis J. Is the ‘EURO’ a Defunct Currency?. IJEFI. 2012;2:296–303.
MLA Alexıou, Constantinos and Joseph Nellis. “Is the ‘EURO’ a Defunct Currency?”. International Journal of Economics and Financial Issues, vol. 2, no. 3, 2012, pp. 296-03.
Vancouver Alexıou C, Nellis J. Is the ‘EURO’ a Defunct Currency?. IJEFI. 2012;2(3):296-303.