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The Euro and Financial Crises

In: Exchange Rates and Global Financial Policies

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  • Paul De Grauwe

Abstract

Can a financial crisis similar to the Asian one erupt in Europe? Our immediate answer is negative. These disturbing financial upheavals occur in “emerging” markets not in the bastions of stability that are found in Europe. The conditions that led to the financial crises in Asia are just not present in Europe…

Suggested Citation

  • Paul De Grauwe, 2014. "The Euro and Financial Crises," World Scientific Book Chapters, in: Exchange Rates and Global Financial Policies, chapter 10, pages 269-272, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814513197_0010
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