The response in 2008-09 to the global financial crisis was in many ways a high water mark for transatlantic policy coordination. The major economies of the EU and the US rapidly agreed on a series of measures to limit the crisis. However, the common approach has since unraveled. This paper...

The objective of this paper is to investigate how the United States of America (US) and Japan managed relatively better than Europe to emerge from from the crisis, which caused a deep recession in 2009, and why instead Europe or more appropriately, the Euro Area (EA) of the European Union (EU),...