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Dealing with EMU Heterogeneity: National Versus European Institutional Reforms

André Sapir

in After the Crisis: Reform, Recovery, and Growth in Europe

Published in print:
2016
Published Online:
August 2016
ISBN:
9780198754688
eISBN:
9780191816260
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198754688.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

In light of the recent financial and sovereign debt crisis, there is now a large consensus that something was fundamentally wrong with Europe’s Economic and Monetary Union (EMU). The original design ... More


After the Crisis: Reform, Recovery, and Growth in Europe

Francesco Caselli, Mário Centeno, and José Tavares (eds)

Published in print:
2016
Published Online:
August 2016
ISBN:
9780198754688
eISBN:
9780191816260
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198754688.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book reassesses the twin projects of structural reform and European integration in the wake of the Great Recession and the European Sovereign Debt Crisis. A brief introduction compares the ... More


Euro Area Crisis and Contagion: Exploring Patterns and Solution Packages

Y.V. Reddy, Narayan Valluri, and Partha Ray

in Financial and Fiscal Policies: Crises and New Realities

Published in print:
2014
Published Online:
November 2014
ISBN:
9780199452651
eISBN:
9780199084524
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199452651.003.0007
Subject:
Economics and Finance, Financial Economics

In the backdrop of the country experience, this chapter identifies the broad nature of the euro area crisis. While discussing some characteristics of the crisis countries in the euro area, it probes ... More


Challenges to the Nordic Model: The Case of Finland

Seppo Honkapohja

in Reform Capacity and Macroeconomic Performance in the Nordic Countries

Published in print:
2015
Published Online:
March 2015
ISBN:
9780198717102
eISBN:
9780191785740
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198717102.003.0024
Subject:
Economics and Finance, Macro- and Monetary Economics

Using Finland as a case study, this chapter argues that the success of the Nordic model depends strongly on successful macroeconomic performance, especially of exports. Finland currently faces two ... More


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