Hierro, Luis A.; Atienza-Montero, Pedro; … - In: New challenges for the eurozone governance : joint …, (pp. 303-321). 2021
In 1999, the euro was launched on the basis of treaties structured around the new economic orthodoxy that replaced … Keynesianism. The Great Recession, the Euro Crisis and now the Pandemic Crisis, all of them deflationary demand crises which are … policies were applied, causing a W-shaped crisis that no other economies in the world suffered, while the European Central Bank …