PARALLEL CURRENCIES FOR THE EUROZONE.An outline and an attempt at systemisation.
Ludwig Schuster, March 2013
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This article gives an overview of various proposals for parallel currencies inthe eurozone. It provides an analysis of the purposes and aims, in particular with respect to the economic, political and monetary objectives. In addition, the different concepts for a parallel currency are compared, focusing on what it is that makes them different. The article ends with the conclusion that parallel currencies are seen by all proponents as a measure to strengthen the national economies, offering additional monetary flexibility and helping to stabilise the European economy.
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