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Europe’s Debt Crisis, Coordination Failure, and International Effects

Author

Listed:
  • Stefan Collignon

    (Asian Development Bank Institute)

Abstract

This paper gives an overview of the causes of the European debt crisis and the consequences for the external relations. It finds that political mishandling has increased uncertainty, which has contributed to a tendency for the euro to become weaker.

Suggested Citation

  • Stefan Collignon, 2012. "Europe’s Debt Crisis, Coordination Failure, and International Effects," ADBI Working Papers 370, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0370
    as

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    File URL: http://www.adbi.org/files/2012.07.11.wp370.europe.debt.crisis.effects.pdf
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    References listed on IDEAS

    as
    1. Lorenzo Codogno & Carlo Favero & Alessandro Missale, 2003. "Yield spreads on EMU government bonds [‘Fiscal policy events and interest rate swap spreads: some evidence from the EU’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 18(37), pages 503-532.
    2. Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, December.
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    More about this item

    Keywords

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    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • G01 - Financial Economics - - General - - - Financial Crises

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