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Название:Catching the Flu from the United States: Synchronisation and Transmission Mechanisms to the Euro Area
Автор: Filippo di Mauro, Stephane Dees, Marco Lombardi
Издательство: Palgrave Macmillan
Год: 2010
Формат: pdf
Страниц: 237
Для сайта: litgu.ru
Размер: 4 MB
Язык: English
Looking at historical cross-country interactions, this book examines the role of the US in the world economy. Illustrating that US shocks tend to have a global nature and that Monetary Union only partially shelters the Euro area from its external environment, the book argues that the US should fully assume its responsibility, minimizing shock transmission.