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process of economic divergence and polarization among those countries that joined the Eurozone during its first two years …This paper analyses economic developments in the Eurozone since its inception in 1999. In doing so, we document a …, which fits a typical 'core - periphery' pattern. We show how this polarization process first manifested in increasing …
Persistent link: https://www.econbiz.de/10011714694
process of economic divergence and polarization among those countries that joined the Eurozone during its first two years …This paper analyses economic developments in the Eurozone since its inception in 1999. In doing so, we document a …, which fits a typical 'core - periphery' pattern. We show how this polarization process first manifested in increasing …
Persistent link: https://www.econbiz.de/10011916760
This paper analyses economic developments in the Eurozone over the period 1999-2016 by developing a theoretical … framework that traces divergent path developments across Eurozone countries to the times before the financial crisis. We argue … that macroeconomic divergence between core and periphery countries is driven by 'structural polarization' in industrial …
Persistent link: https://www.econbiz.de/10011752639
This paper analyses economic developments in the eurozone since its inception in 1999. In doing so, we document a … process of economic divergence and polarisation among those countries that joined the eurozone during its first two years … sectoral composition of eurozone countries specifically, the emergence of export-driven growth in core countries and debt …
Persistent link: https://www.econbiz.de/10012099965
Persistent link: https://www.econbiz.de/10012224169
This study discusses the challenges economic policy-makers in Europe have to cope with in order to ensure an …
Persistent link: https://www.econbiz.de/10012039418
This study discusses the challenges that economic policy-makers in Europe have to cope with, in order to ensure an …
Persistent link: https://www.econbiz.de/10012182895
This study discusses the challenges that economic policy-makers in Europe have to cope with, in order to ensure an …
Persistent link: https://www.econbiz.de/10012154260
This paper analyses developments in the Greek economy before and after the euro. The main thesis is that the imbalances that led to the crisis of the post-2010 period were building up during the previous three decades and that their root causes were not merely economic, but social, structural,...
Persistent link: https://www.econbiz.de/10013238684
perspective of external imbalances. The paper explains what steps and measures made the eurozone recovery possible and why there … about the nature and the solution of the eurozone crisis, the authors also explain the role of competing paradigms in this …
Persistent link: https://www.econbiz.de/10013249613