Questions for Europe

Douglas J. Elliott
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Douglas J. Elliott: The Brookings Institution, Washington, DC, USA

Global Economy Journal (GEJ), 2015, vol. 15, issue 2, 199-212

Abstract: The “Euro Crisis” has been a dominant concern of policymakers and analysts for half a decade, but the debate too often resembles a dialogue of the deaf. Some of this is because important points do not have clear answers and people often start from very different sets of assumptions or analytical approaches. However, more of the mis-communication probably stems from the multi-faceted and ambiguous nature of the term “Euro Crisis” and related framings of the issue. The Euro Crisis is really a set of overlapping crises, with substantial differences in their character, timeframe, and potential solutions. Understanding the nature of these crises is critical to predicting the future development of Europe.

Keywords: Europe; Euro Crisis; Sovereign debt crisis (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1515/GEJ-2015-0025

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