Is the Euro condemned to collapse or is it capable of long-term success?Must use a total of 6 references include the 3 that I provided. The Euro is an interesting case study in monetary union but fiscal disunion. Is the Euro condemned to collapse or is it capable of long-term success? One of the great economic experiments of the last few decades has been the creation of a common monetary union for the EuroZone. After two debilitating world wars in the 20th century there was a great desire to tie the economic life of Europe into a common currency in order to promote economic growth and achieve peace and stability. Many were skeptical of the ability of the Euro to last but so far the experiment has been a successful one in monetary union. However fiscal policy continues to be the purview of each European nation and there is still concern that imrpudent fiscal policy can undermine prudent monetary policy. This is a discussion of monetary policy and fiscal policy in the EuroZone. .doc file
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