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The euro at ten- the next global currency?

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Listed:
  • Jean Pisani-Ferry
  • Adam Posen

Abstract

Over the first ten years of its existence, the euro has proved to be more than a powerful symbol of collective identity. It has provided price stability to previously inflation-prone countries; it has offered a shelter against currency crises; and it has by and large been conducive to budgetary discipline. The eurozone has attracted five new members in addition to the initial eleven, and many countries in Europe wish to...

Suggested Citation

  • Jean Pisani-Ferry & Adam Posen, . "The euro at ten- the next global currency?," Books, Bruegel, number 303.
    • Handle: RePEc:bre:bebook:303
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