Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247760 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 56 [Issue:] 5 [Publisher:] Springer [Place:] Heidelberg [Year:] 2021 [Pages:] 278-283
Publisher: 
Springer, Heidelberg
Abstract: 
By April 2021, the COVID-19 crisis in Europe had reached a magnitude that, in the eyes of some observers, either deepened lingering divides and threatened the EU's very existence, or, conversely, forced the Union to address the fundamental flaws of its euro area and provided an opportunity to reboot. From the outset, the EU had to confront fundamental challenges that require coordination; however, decentralised coordination is best as it improves the quality of policy, economic efficiency and civic virtues. While some argue for a debt union to provide the answer to the EU's call for shared adjustment, a solution should rather be sought in economic reform, accountability and enforcement of constitutional commitments.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.