Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic

Abstract The long-term fiscal and economic damage of eurobonds in a rule-based fiscal architecture — as history corroborates — would be greater than the historical challenge of the coronavirus pandemic, unless there is a political union in Europe.

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Bibliographic Details
Main Author: Bodo Herzog
Format: Article
Language:English
Published: Springer 2020-06-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-020-0887-z
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