Paradigm Shift in the Eurozone? The Market-Based Convergence Rationale
Basic Paper by Simon Tilford, Tony Blair Institute for Global Change and Christian Odendahl, Centre for European Reform.
BYFORUM NEW ECONOMY
PUBLISHED1. NOVEMBER 2019
The authors argue that to help cushion economic shocks and prevent members from diverging economically, eurozone capital markets and banks need to be integrated and assets diversified across the eurozone.