example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It … is evident that the proposed solutions for attacking the crisis have hurt the European cohesion making more and more … solution, and the recurrent EU proclamations of "policies to restore European growth", the crisis in the EZ looks more and more …

classic banking panics toward modern banking crises where financial guarantees are associated with crisis resolution. Recent … Asian crisis (1997). We discuss the evolution in economic theorizing on crises since the 1950s, and then provide an overview … crises. We discuss the methodological issue of crisis measurement encompassing the definition, dating, and incidence of …

Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the … global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that … has been built up over the last two decades or more. The financial crisis caused a further deterioration of government …