This article explores the roots of the EMU crisis adopting a core-periphery perspective. We briefly review the factors responsible for the increasing divergence between and within EMU’s core and peripheral countries, analyze the economic and political consequences of the crisis initiated in 2008 - that still grips the southern periphery - and discuss the possible ways out to a sustainable EMU.
Unravelling the Roots of the EMU Crisis: Structural Divides, Uneven Recoveries and Possible Ways Out
Giuseppe Celi;
2019-01-01
Abstract
This article explores the roots of the EMU crisis adopting a core-periphery perspective. We briefly review the factors responsible for the increasing divergence between and within EMU’s core and peripheral countries, analyze the economic and political consequences of the crisis initiated in 2008 - that still grips the southern periphery - and discuss the possible ways out to a sustainable EMU.File in questo prodotto:
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