IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-30495-7_12.html
   My bibliography  Save this book chapter

On Solving Europe’s Financial Issues to Promote Sustainable Growth

In: Managing Risks in the European Periphery Debt Crisis

Author

Listed:
  • Adrian Blundell-Wignall
  • Caroline Roulet

Abstract

While the financial crisis is global in nature, Europe has its own special brand of institutional arrangements that are being tested in the extreme and which have exacerbated the financial crisis. The monetary union is being subjected to asymmetric real shocks, both from abroad and internally. With its inability to adjust exchange rates, these pressures are forced through the labour market and cause unemployment. This has led some countries over past years to try to alleviate pressures with fiscal slippage. The resulting indebtedness has been exacerbated by the financial crisis and recession and this, in turn, has contributed to underlying financial instability.

Suggested Citation

  • Adrian Blundell-Wignall & Caroline Roulet, 2015. "On Solving Europe’s Financial Issues to Promote Sustainable Growth," Palgrave Macmillan Books, in: George Christodoulakis (ed.), Managing Risks in the European Periphery Debt Crisis, chapter 12, pages 212-236, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30495-7_12
    DOI: 10.1057/9781137304957_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-30495-7_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.