L'unione bancaria europea e la stabilizzazione dell'Eurozona

Mario Sarcinelli ()
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Mario Sarcinelli: Dexia Crediop

Moneta e Credito, 2013, vol. 66, issue 261, 7-42

Abstract: The economic governance of the Eurozone has been substantially improved in the last two years. However, the Eurozone still exhibits a dramatic coordination failure. Economic growth is being invoked, without anybody acting to make it realise. If a common macroeconomic stabilisation device was in place, it may have been possible to sustain growth without imposing new stress on public finances. Moreover, mechanisms of risk sharing, in the form of a fiscal backstop, are also a necessary component of any banking union.

Keywords: Banking Union; Euro; european crisis; financial stability; unione bancaria; crisi; euro (search for similar items in EconPapers)
JEL-codes: G01 G18 G28 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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