Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic

Abstract The long-term fiscal and economic damage of eurobonds in a rule-based fiscal architecture — as history corroborates — would be greater than the historical challenge of the coronavirus pandemic, unless there is a political union in Europe.

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Bibliographic Details
Main Author: Bodo Herzog
Format: Article
Language:English
Published: Springer 2020-06-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-020-0887-z
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author Bodo Herzog
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author_sort Bodo Herzog
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description Abstract The long-term fiscal and economic damage of eurobonds in a rule-based fiscal architecture — as history corroborates — would be greater than the historical challenge of the coronavirus pandemic, unless there is a political union in Europe.
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spelling doaj-art-04c9196a460c454ba82c9c654678b9642025-01-17T08:34:13ZengSpringerIntereconomics0020-53461613-964X2020-06-0155315515910.1007/s10272-020-0887-zWhither Coronabonds? The Past and Future of the EMU in the Coronavirus PandemicBodo Herzog0ESB Business School, Economics, Macroeconomics, Hochschule Reutlingen, Reutlingen UniversityAbstract The long-term fiscal and economic damage of eurobonds in a rule-based fiscal architecture — as history corroborates — would be greater than the historical challenge of the coronavirus pandemic, unless there is a political union in Europe.https://doi.org/10.1007/s10272-020-0887-z
spellingShingle Bodo Herzog
Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic
Intereconomics
title Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic
title_full Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic
title_fullStr Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic
title_full_unstemmed Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic
title_short Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic
title_sort whither coronabonds the past and future of the emu in the coronavirus pandemic
url https://doi.org/10.1007/s10272-020-0887-z
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