Europe’s Debt Crisis, Coordination Failure, and International Effects
Collignon, Stefan | July 2012
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.
Citation
Collignon, Stefan. 2012. Europe’s Debt Crisis, Coordination Failure, and International Effects. © Asian Development Bank Institute. http://hdl.handle.net/11540/1133. License: CC BY-NC-ND 3.0 IGO.Keywords
Economic Crisis
Economic Efficiency
Economic Policies
Regional Economic Development
Job Evaluation
Evaluation
Crisis
Unemployment
Show allCollapse
Citable URI
http://hdl.handle.net/11540/1133Metadata
Show full item record
Users also downloaded
-
Governance and Institutional Quality and the Links with Economic Growth and Income Inequality: With Special Reference to Developing Asia
(Asian Development Bank, 2010-02-01)"This paper looks at the role of governance and institutions in supporting growth and broadening inclusiveness with a special reference to developing Asia. While the intrinsic value of good governance and institutions as ends of development in their ... -
Can Asia Unite to Weather the Storm?
(2009-04-01)The global economic crisis has swept across Asia and brought into sharp focus attempts by nations to cooperate and to integrate their economies. In many ways, the financial crisis of the late 1990s led to the formation of regional cooperation mechanisms ...
Related items
-
Lessons for Asia from Europe’s History with Banking Integration
(Asian Development Bank Institute, 2014-02-14)As Asia considers greater harmonization and integration of its financial systems, it would be well-advised to consider the experience of Europe, particularly the eurozone. There are many lessons to be drawn from Europe about how to implement such ... -
Different Models for Regional Integration: Lessons from Total Factor Productivity in Europe
(Asian Development Bank Institute, 2013-12-13)As the countries of Europe have successfully managed to move the region’s integration forward step by step, the European experience offers three possible models for regional integration with different depths: a free trade arrangement, a single market, ... -
Services Trade Integration in Asia: Comparison with Europe and North America
(Taylor and Francis, 2013-08-30)This paper will examine the level of services trade integration in Asia in comparison with Europe and North America. The main empirical findings of this paper are that: (i) the regional bias of services trade in Asia is as high as or higher than in ...