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Avro Bölgesi Ülkelerindeki Güncel Borç Krizi
[Current Sovereign Debt Crisis in Eurozone Countries]

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  • Kibritçioğlu, Aykut

Abstract

The sovereign debt crisis that deepened within the last three years in particular Eurozone countries makes up one of the major components of the current global economic crisis (2006-2011) which were briefly described in Kibritçioğlu (2011). In this follow-up study, the historical and political origins of the debt crisis in EU countries, such as Ireland, Greece and Portugal, are analyzed with particular reference to the academic discussions during the final forming process of the European Monetary Union and the introduction of the euro as a single currency in the late 1990s. Finally, the study also focuses on EU's (possible/remaining) policy options to solve the ongoing debt crisis.

Suggested Citation

  • Kibritçioğlu, Aykut, 2011. "Avro Bölgesi Ülkelerindeki Güncel Borç Krizi [Current Sovereign Debt Crisis in Eurozone Countries]," MPRA Paper 33528, University Library of Munich, Germany, revised 22 Aug 2011.
    • Handle: RePEc:pra:mprapa:33528
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    References listed on IDEAS

    as
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    3. Scott, Hal S, 1998. "When the Euro Falls Apart," International Finance, Wiley Blackwell, vol. 1(2), pages 207-228, December.
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    6. Hal S. Scott, 1998. "When the Euro Falls Apart," International Finance, Wiley Blackwell, vol. 1(2), pages 207-228, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Global economic crisis; sovereign debt crisis; European Union; Eurozone; Euro;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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