Munich Personal RePEc Archive

The Eurozone Debt Crisis: Causes and Policy Recommendations

Zhorayev, Olzhas (2020): The Eurozone Debt Crisis: Causes and Policy Recommendations.

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Abstract

During the first decade of its existence, the Eurozone performed relatively better than other large OECD economies. However, the debt crisis challenged the currency union and tested its resilience. This paper analyses the European debt crisis from the comparative political economy perspective and suggests policy options to address the fundamental roots of the crisis.

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