EMU and the Greek crisis: testing the extreme limits of an asymmetric union
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DOI: 10.1080/07036337.2020.1730352
Abstract: ABSTRACT EMU structural asymmetries contributed directly to both procyclical debt-fuelled growth pre-crisis and sharply recessionary adjustment post-crisis. Greece’s fiscal and debt crisis represented an ‘orthodox’ national failure inside EMU, yet the underlying reason for the… read more here.
Keywords: emu; crisis; euro area; crisis testing ... See more keywords