Felix Roth, Lars Jonung, (2019), «Public support for the euro and trust in the ECB: The first two decades», VoxEU, 13 Δεκεμβρίου
Support for the euro among citizens (and thus among voters) is a key – perhaps the key – determinant of its long-term survival. Public support is the political glue that holds a monetary union together (Bordo and Jonung 2003). As long as this glue is present, citizens give policymakers the freedom to respond to political and economic shocks that would threaten the sustainability of the union.
Σχετικές Αναρτήσεις
- VoxEU, (2019), «Fiscal policy cannot save the ECB», 3 Δεκεμβρίου
- Project Syndicate, (2019), “The ECB’s Deflation Obsession”, 6 Σεπτεμβρίου