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problems were threatening to spread to other countries within the euro area, with potential negative repercussions for the euro …
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aggravating financial instability. In the EU and more specifically the Euro Area, multiple channels of spillovers and contagion … national political processes, Euro Area and EU-wide economic governance has been criticized for not addressing reform needs …
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What is the link between the financial cycle - financial booms, followed by busts - and the real economy? What is the direction of this link and how salient is this connection? This unique book examines these fundamental questions and offers a paramount contribution to the debate surrounding the...
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