Eurozone Flaws: Uncovering the Holes in the Cheese
Francesco Passarelli () and
Antonio Villafranca ()
Additional contact information
Antonio Villafranca: ISPI, Milan
Rivista di Politica Economica, 2014, issue 3, 127-152
The paper describes the politico-economic context in which the crisis took place, presenting a theoretical framework able to capture the complex dynamics of the politico-economic bargains occurring between OCA countries in general and among Eurozone members in particular. We then proceed to review the rules EU policymakers adopted in their quest for an orderly conclusion to the crisis, taking stock of progress done towards deeper political and economic integration. We conclude by advancing a potential solution to make the Eurozone recovery more sustainable, all the while decreasing the likelihood and impact of future crises.
Keywords: EU economic governance; monetary policy; fiscal policy. (search for similar items in EconPapers)
JEL-codes: E61 F53 H63 H77 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:y:2014:i:3:p:127-152
Access Statistics for this article
Rivista di Politica Economica is currently edited by Gustavo Piga
More articles in Rivista di Politica Economica from SIPI Spa
Bibliographic data for series maintained by Sabrina Marino ().