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A modest proposal for resolving the Eurozone crisis

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  • Yanis Varoufakis
  • Stuart Holland

Abstract

This paper presents three simple policies for overcoming the crisis that can be implemented immediately and require none of the moves such as national guarantees or fiscal transfers to which many Europeans are opposed, nor moves towards federation that entail Treaty changes, which electorates are most likely to reject. The logic behind these policy proposals is juxtaposed with the false dilemmas that currently impede clear thinking and immobilise Europe’s policymakers. Copyright ZBW and Springer-Verlag 2012

Suggested Citation

  • Yanis Varoufakis & Stuart Holland, 2012. "A modest proposal for resolving the Eurozone crisis," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 47(4), pages 240-247, July.
    • Handle: RePEc:spr:intere:v:47:y:2012:i:4:p:240-247
    DOI: 10.1007/s10272-012-0424-9
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    Cited by:

    1. Giovanni Dosi & Marcello Minenna & Andrea Roventini & Roberto Violi, 2021. "Making the Eurozone work: a risk-sharing reform of the European Stability Mechanism," Annals of Operations Research, Springer, vol. 299(1), pages 617-657, April.
    2. Stuart Holland & Andrew Black, 2018. "Cherchez la Firme: Redressing the Missing – Meso – Middle in Mainstream Economics," Economic Thought, World Economics Association, vol. 7(2), pages 15-53, November.
    3. Myrto Tourtouri & Dimitris Pavlopoulos & Christos Papatheodorou, 2020. "Assessing the impact of liberalisation policies on the Greek labour market: an insider–experts' view from the perspective of the varieties of liberalisation," Industrial Relations Journal, Wiley Blackwell, vol. 51(6), pages 517-535, November.
    4. Inês Casquilho-Martins, 2021. "The Impacts of Socioeconomic Crisis in Portugal on Social Protection and Social Work Practices," Sustainability, MDPI, vol. 13(23), pages 1-14, November.

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