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Economie in crisi: Eurolandia dalla resistenza alla ricostruzione

Author

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  • Alberto Quadrio Curzio

    (Universita' Cattolica del Sacro Cuore, Milano)

Abstract

In this article we underline the effects of the crisis that erupted in the U.S. in 2008, due to financial hazard, and then spread everywhere, to assess how the euro zone (EMU) and its countries have acted. We will consider two periods that the EMU has passed through, each characterized by a different attitude towards the crisis: diversified resistance (with more deficits and higher debt, that in many countries was due to bail out banks); unified resistance (intergovernmental coordination, with a common special vehicle (EFSF), ratified by Ecofin and the European Council). We conclude with references to 2011 when the Òregulation with actions for growthÓ might begin.

Suggested Citation

  • Alberto Quadrio Curzio, 2011. "Economie in crisi: Eurolandia dalla resistenza alla ricostruzione," Moneta e Credito, Economia civile, vol. 64(254), pages 105-114.
    • Handle: RePEc:psl:moneta:2011:22
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    File URL: http://scistat.cilea.it/index.php/MonetaeCredito/article/view/342/183
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    References listed on IDEAS

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    1. Buti,Marco & Deroose,Servaas & Gaspar,Vitor & Martins,João Nogueira (ed.), 2010. "The Euro," Cambridge Books, Cambridge University Press, number 9789279098420, January.
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    Cited by:

    1. Carlo D'Ippoliti, 2011. "Introduzione: la crisi economica e della scienza economica," Moneta e Credito, Economia civile, vol. 64(254), pages 95-104.
    2. Carlo D'Ippoliti, 2011. "Introduction: the crisis of economies and economics," PSL Quarterly Review, Economia civile, vol. 64(257), pages 95-103.
    3. Alessandro Roncaglia, 2011. "Macroeconomics in crisis and macroeconomics in recovery," PSL Quarterly Review, Economia civile, vol. 64(257), pages 167-185.
    4. Alessandro Roncaglia, 2011. "Introduction," PSL Quarterly Review, Economia civile, vol. 64(258), pages 189-191.
    5. Carlo D'Ippoliti & Maria Chiara Malaguti & Alessandro Roncaglia, 2020. "LÕUnione Europea e lÕeuro: crescere o perire," Moneta e Credito, Economia civile, vol. 73(291), pages 183-205.

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    More about this item

    Keywords

    aggregate debt; eurogovernance; intergovernmental coordination;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy

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