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Europa en quiebra financiera

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  • José Francisco Bellod Redondo

Abstract

en este trabajo aplicamos un sencillo indicador no estocástico de sostenibilidad de la deuda pública, aplicándolo al caso de las principales economías europeas. Dicho indicador compara la evolución del déficit primario realmente ejecutado con el que se requeriría para estabilizar en nivel de endeudamiento público. Nuestra conclusión es que los países intervenidos (Grecia, España, Portugal, Chipre, Irlanda) no han logrado, pese a las dolorosas reformas y ajustes presupuestarios, retornar a una senda de estabilidad financiera. Nuevos países pueden sumarse a esta lista (probablemente, Hungría, Eslovenia e Italia…) El abandono del euro, la reforma del BCE y la puesta en marcha de políticas de estímulo son opciones cada vez más factibles.

Suggested Citation

  • José Francisco Bellod Redondo, 2013. "Europa en quiebra financiera," Contribuciones a la Economía, Servicios Académicos Intercontinentales SL, issue 2013-10, October.
    • Handle: RePEc:erv:contri:y:2013:i:2013-10:1
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    References listed on IDEAS

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    1. Olivier Jean Blanchard, 1990. "Suggestions for a New Set of Fiscal Indicators," OECD Economics Department Working Papers 79, OECD Publishing.
    2. Mr. Nigel A Chalk & Mr. Richard Hemming, 2000. "Assessing Fiscal Sustainability in Theory and Practice," IMF Working Papers 2000/081, International Monetary Fund.
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