Der Umgang mit den Schuldenkrisen in einigen Euroländern steht derzeit ganz oben auf er Tagesordnung der EWU-Gremien. Der Rettungsschirm zur aktuellen Krisenbewältigung ist allerdings bis 2013 befristet. Danach sollte ein dauerhafter Krisenpräventions- und Krisenmanagementmechanismus...

This article shows that during the Great Recession banking and currency crises occurred simultaneously in Central and Eastern Europe. Events, however, differed widely from what happened during the Asian crisis that usually serves as the model case for the concept of twin crises. We look at three...

The European Commission's Scoreboard of Macroeconomic Imbalances is a rare case of a publicly released early warning system. It allows the preferences of the politicians involved to be analysed with regard to the two potential errors of an early warning system — missing a crisis and issuing a...