Arestis, Philip; Mariscal, Iris Biefang-Frisancho; … - In: Eastern Economic Journal 28 (2002) 1, pp. 71-88
long term investors, and, indeed, post-"euphoric", short term speculators, to regard the euro area as structurally weaker …This paper argues that the inception of the euro itself, with its restrictive monetarist institutional structures, to … since January 1999. It is difficult to predict the fixture course of the euro; once portfolio investors have shifted fully …