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We have chosen to adopt an interdisciplinary approach to debt, leading to a transdisciplinary analysis of sovereign debt. Disciplinary fields as varied as logic, accounting, finance, psychology, geopolitics, economics, statistics, ethics, rhetoric and political discourse analysis are mobilised...
Persistent link: https://www.econbiz.de/10010669854
The paper argues that the Greek debt crisis, as well as those of other Southern European countries and Ireland, has to be seen in macroeconomic context. The sum of the public sector balance, the (domestic) private sector balance and the current account deficit (or equivalently: the capital...
Persistent link: https://www.econbiz.de/10010670267
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The eurozone is the crown jewel in the process of European integration. This monetary zone includes the most advanced … integration grouping of countries in the European Union. The eurozone has been expanding the number of its participants, a sign of … time of the eurozone inauguration (1999). This monetary integration has been a predominantly political process which …
Persistent link: https://www.econbiz.de/10010991753
stemmed from the fiscal solvency of Greece and other Eurozone nations. As a result, many economists are uncertain about the … future of the Eurozone and the contagion effect it could have on many developed and developing economies. Being strongly …
Persistent link: https://www.econbiz.de/10010686184
This study argues that the key issue for defining and solving the Eurozone’s (EZ) difficulties lies in readjusting the … bailout from the centre due to the existence of a negative externality arising from its potential default. Secondly, we …
Persistent link: https://www.econbiz.de/10011065710
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? Stefan Homburg, Universität Hannover, ist skeptisch. Seiner Ansicht nach steckt die Eurozone in einer Zwickmühle. Etliche … Wirtschaftswachstum in Südeuropa, das aber unrealistisch sei. Wer die Lage der Eurozone nüchtern betrachte, müsse angesichts der Zunahme …
Persistent link: https://www.econbiz.de/10010948770
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