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Collective memories on the 2010 European debt crisis

Author

Listed:
  • Laura Arnemann

    (Department of Business, University of Mannheim, Mannheim, Germany)

  • Kai A Konrad

    (Max Planck Institute for Tax Law and Public Finance, Munich, Germany)

  • Niklas Potrafke

Abstract

We examine whether collective memories on the aid and reform programs chosen to handle the 2010 European debt crisis differ between citizens from borrower and lender countries. We use new international survey data for non-experts and experts in member countries of the euro area. The results show that non-experts from borrower and lender countries remember aspects of the programs in different manners; indicating biases for assessments of how the crisis outcomes are perceived in borrower and lender countries. Nation-serving biases may well explain that the 2010 European debt crisis has reduced the sense of belonging rather than bringing European citizens closer together.

Suggested Citation

  • Laura Arnemann & Kai A Konrad & Niklas Potrafke, 2021. "Collective memories on the 2010 European debt crisis," European Union Politics, , vol. 22(4), pages 762-784, December.
    • Handle: RePEc:sae:eeupol:v:22:y:2021:i:4:p:762-784
    DOI: 10.1177/14651165211009972
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    References listed on IDEAS

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    Cited by:

    1. Laura Arnemann & Kai A Konrad & Niklas Potrafke, 2021. "Collective memories on the 2010 European debt crisis," European Union Politics, , vol. 22(4), pages 762-784, December.
    2. Nicola Nones, 2024. "The Greek crisis as a “morality tale†? An empirical assessment," European Union Politics, , vol. 25(2), pages 291-312, June.

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    More about this item

    Keywords

    Aid and reform programs; collective memories; 2010 European debt crisis; experts; nation-serving biases;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods

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