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  • From Lehman to Corona
    Hans-Werner Sinn
    978-3-030-50170-9
    2020
    Edition 1
    • Target balances are crucial for understanding the euro’s ongoing balances of payments crisis, including the new capital flight and stress induced by the Corona crisis
    • Target balances constitute a stealth system of internal Eurozone overdraft credit that is largely a fiscal phenomenon
    • The author, one of Europe’s foremost economists, was the first to publish on the growing Target balances and is a key expert on the topic

    €60

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