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The Euro blame game and its implications for policy and financial markets. ACES Cases No. 2012.2

Kimakova, Alena (2012) The Euro blame game and its implications for policy and financial markets. ACES Cases No. 2012.2. UNSPECIFIED.

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    Abstract

    The recent financial crisis in some of the eurozone member countries has received a great deal of attention by investors, policy makers and commentators alike. Often these events are interpreted as a failure of the euro and the sustainability of the eurozone is called into question. This paper shows that this analysis and its emphasis are flawed. Fiscal imbalances and financial market imperfections are at the core of the problem, and they need to be addressed directly to prevent future crises.

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    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > American Consortium on European Union Studies > ACES Cases
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 12 Jan 2015 13:36
    Number of Pages: 31
    Last Modified: 12 Jan 2015 13:36
    URI: http://aei.pitt.edu/id/eprint/59158

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