Comments on Amtenbrink & De Haan. DNB workshop on Macroeconomic Imbalances in the Euro Area 13/14 October 2011 Jeroen Hessel Senior Economist De Nederlandsche Bank. Outline paper eurobonds: legal & economic view. Failure of current governance: enforceability
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Amtenbrink & De Haan
DNB workshop on Macroeconomic Imbalances in the Euro Area 13/14 October 2011Jeroen HesselSenior EconomistDe Nederlandsche Bank
Outline paper eurobonds:
legal & economic view
balance law & economics
Enforceability (i): starting positions
Enforceability (ii): deficit increase
Enforceability (iii): debt increase
Enforceability (iv): conclusion
Eurobonds (i): what reason?
Eurobonds (ii): EMU seems special
Eurobonds (iii): why is EMU special?
Eurobonds (iv): conclusion