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Making the European Monetary Union
The Role of the Committee of Central Bank Governors and the Origins of the European Central Bank. Forewords by Draghi, Mario; Caruana, Jaime
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A probing exploration of the reasons behind the Euro crisis illuminates the dual challenges of the dollar's privileged international position and Germany's persistent account surpluses in Europe, identifying factors that have compromised the Euro's stability including conflicts between politicians and technocrats and questionable member-state regulations.
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