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

Stefan Collignon
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Stefan Collignon: Asian Development Bank Institute (ADBI)

Finance Working Papers from East Asian Bureau of Economic Research

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.

Keywords: Europe; Debt crisis; Coordination failure (search for similar items in EconPapers)
JEL-codes: E42 F33 F36 G01 (search for similar items in EconPapers)
Date: 2012-07
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