Baldwin, Richard, Beck, Thorsten, Bénassy-Quéré, Agnès, Blanchard, Olivier, Corsetti, Giancarlo, de Grauwe, Paul, den Haan, Wouter Giavazzi, Francesco, Gros, Daniel, Kalemli-Ozcan, Sebnem, Micossi, Stefano, Papaioannou, Elias, Pesenti, Paolo, Pissarides, Christopher, Tabellini, Guido, Weder di Mauro, Beatrice, (2015), “Rebooting the Eurozone: Step 1 – agreeing a crisis narrative”, Centre for Economic Policy Research, 19 November.
The Eurozone Crisis, which broke out in May 2010, is a long way from finished. Worse yet, many of the fragilities and imbalances that primed the monetary union for the Crisis are still present. EZ decision-makers will never agree upon the changes needed to prevent future crises unless they agree upon the basic facts that explain how the EZ Crisis got so bad and lasted so long. CEPR Policy Insight 85 presents a consensus narrative of the causes.
Relevant Posts
- Thompson, Helen, (2015), “Germany and the Euro-Zone Crisis: The European Reformation of the German Banking Crisis and the Future of the Euro”, New Political Economy, Issue 6, Volume 20, May.
- Orsi, Roberto, (2015), “The Politics of the Humanitarian Crisis in Europe”, LSE blog, 15 June.