Taylor, Christopher T. (contributor); … - 2001 - [Elektronische Ressource]
, despite the single currency. The imbalances would
reflect a combination of inadequate economic convergence within the euro … and other creditors. Such perceptions could emerge in the euro area
if weak-performing states develop chronic payments …
from heavily-indebted euro states, precipitating financial crises reminiscent of those
in the emerging markets of East Asia …