“The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.”
Quote by Barry Eichengreen
Author
Barry Eichengreen
Barry Eichengreen is a renowned economist known for his extensive research on international finance and economic history. His work focuses on monetary policy and international economic relations, particularly in the areas of financial and monetary crises. Eichengreen's publications are extensive, including books such as 'The Consequences of the Great Depression' and 'The End of the Gold Standard'. more