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Crise et solutions coopératives : la zone euro depuis 2008

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  • Jérôme Creel

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

Comme toujours depuis le démarrage du processus d'intégration européenne, l'Union euro­péenne progresse pas à pas, crise après crise. La dernière en date a cependant révélé les inco­hérences de sa gouvernance économique. La crise bancaire survenue aux États-Unis en septembre 2008 a profondément affecté la zone euro. La première phase de récession, globale en 2009, en a amené une deuxième, européenne, en 2012-2013. Celle-ci faisait suite à la mise en oeuvre coordonnée de politiques d'austérité bud­gétaire. L'échec de la gouvernance budgétaire européenne à endiguer la crise a alors obligé la Banque centrale européenne à adopter des mesures exceptionnelles. Ont aussi été créées les bases d'une gestion coordonnée des crises économiques au travers du Mécanisme européen de stabilité. Au-delà de cette avancée, des réformes restent nécessaires pour assurer une meilleure coordination entre les politiques monétaires et budgétaires et avec les réformes structurelles engagées en Europe.

Suggested Citation

  • Jérôme Creel, 2018. "Crise et solutions coopératives : la zone euro depuis 2008," SciencePo Working papers Main hal-03458143, HAL.
  • Handle: RePEc:hal:spmain:hal-03458143
    DOI: 10.3917/rindu1.183.0075
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03458143
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    1. Olivier J. Blanchard & Daniel Leigh, 2013. "Growth Forecast Errors and Fiscal Multipliers," American Economic Review, American Economic Association, vol. 103(3), pages 117-120, May.
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