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The Impending Demise of the Euro. The Impact of Monetary Policy on the Sustainability of the Euro

The Impending Demise of the Euro. The Impact of Monetary Policy on the Sustainability of the Euro

Paperback

EconomicsInvesting & Finance

ISBN10: 3960671768
ISBN13: 9783960671763
Publisher: Anchor Academic Publishing
Published: Nov 2 2017
Pages: 120
Weight: 0.34
Height: 0.25 Width: 5.83 Depth: 8.27
Language: English
The aim of this thesis is to study the impact of expansionary monetary policy on the European economies through the conceptual framework of the Austrian Business Cycle Theory. The European Central Bank has continually reduced interest rates as a policy measure to counter the sovereign debt crisis and this thesis examines the implications of this venture. From Germany's perspective, the viability of reverting to the Deutschmark in times of monetary instability is also explored. The results, based on the deductive reasoning principle of the Austrian School, are also discussed.

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Economics