Hall, P. (2014), “Varieties of Capitalism and the Euro Crisis”, West European Politics, Vol. 37, Issue 6, pp. 1223-1243. This article examines the role played by varieties of capitalism in the euro crisis, considering the origins of the crisis, its progression, and the response to it. Deficiencies in the institutional arrangements governing the single currency are linked to economic doctrines of the 1990s. The roots of the crisis are linked …Read More
Search Results for: interplay of economic reforms
How the ECB could be Radical by being Old Fashioned
Wren-Lewis, S., (2014), “How the ECB could be Radical by being Old Fashioned”, Social Europe Journal, 20 Ιανουαρίου. Forward commitment could be sold not as a radical new policy, but a return to a very old one: money targeting. The one major central bank that did maintain a money targeting policy for more than a few years was the Bundesbank. Why is money targeting like a forward commitment policy? Because …Read More
The Interplay of Economic Reforms and Monetary Policy: The Case of the Eurozone
Drudi, Francesco, Durre, Alain, Paolo Mongelli, Francesco, (2012),‘The Interplay of Economic Reforms and Monetary Policy: The Case of the Eurozone’, Journal of Common Market Studies, Vol. 50, Issue 6, p.p. 881–898. The world has been struck by a mutating systemic financial crisis that is unprecedented in terms of financial losses and fiscal costs, geographic reach, and speed and synchronization. The crisis from August 2007 to date can be divided into …Read More