The global economy has experienced considerable turbulence since 2007. The fnancial crisis has been viewed as the trigger for a prolonged period of eco- nomic decline. This decline remains an issue for all member states of the European Union, the eurozone and beyond. We argue genesis of this crisis lies in the integra- tion negotiations of 1991, ratifed in 1992. These produced a fawed economic mod- el within the eurozone. Given the seeds of decay were planted at origin; we argue the solution can be found through a reconstructed eurozone via looser integration, where countries less equipped to deal with the realities of closer integration will be economically independent.

Pandora box: The eurozone and the euro crisis / Mcintosh, Bryan; Ferretti, Fabrizio. - In: COGENT ECONOMICS AND FINANCE. - ISSN 2332-2039. - STAMPA. - 3:1(2015), pp. 1-9. [10.1080/23322039.2015.1092860]

Pandora box: The eurozone and the euro crisis

FERRETTI, Fabrizio
2015

Abstract

The global economy has experienced considerable turbulence since 2007. The fnancial crisis has been viewed as the trigger for a prolonged period of eco- nomic decline. This decline remains an issue for all member states of the European Union, the eurozone and beyond. We argue genesis of this crisis lies in the integra- tion negotiations of 1991, ratifed in 1992. These produced a fawed economic mod- el within the eurozone. Given the seeds of decay were planted at origin; we argue the solution can be found through a reconstructed eurozone via looser integration, where countries less equipped to deal with the realities of closer integration will be economically independent.
2015
3
1
1
9
Pandora box: The eurozone and the euro crisis / Mcintosh, Bryan; Ferretti, Fabrizio. - In: COGENT ECONOMICS AND FINANCE. - ISSN 2332-2039. - STAMPA. - 3:1(2015), pp. 1-9. [10.1080/23322039.2015.1092860]
Mcintosh, Bryan; Ferretti, Fabrizio
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/1072970
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