Risk Sharing in the Euro Area: Legal Aspects
English | 2023 | ISBN: 303119599X | 165 Pages | PDF EPUB (True) | 1 MB
The book offers a horizontal legal analysis on the problematic of risk sharing, which arises inevitably in an economic and political integration process, such as in the European Union, and even more so in the euro area. The question is how the burden of adverse economic developments is spread across the integration area, in this case the euro area, whether risk is distributed evenly and what risk sharing mechanisms apply.