Artikel
Policy responses to the Euro debt crisis: Can they overcome the imbalances that caused the crisis?
First paragraph: The recession of 2009 following the financial market crisis of 2008 was severe, especially in Europe. World GDP decreased by 0.6 per cent, the GDP of the USA by 2.6 per cent, and in the European Monetary Union (EMU) it declined by 4.1 per cent (IMK/OFCE/WIFO 2011). The export-oriented German economy had to face a relatively strong negative growth of 4.7 per cent of GDP. By mid-2010, however, it seemed that the disastrous effects of the financial market crisis were successfully countered by stabilisation measures in countries all around the world: rescue programmes for banks were established in most of the European countries; some countries like Ireland and Spain tried to compensate for the effects of busted housing bubbles; and fiscal stimuli were initiated to dampen the downturn of the economy, e.g. by the introduction of a scrapping premium for cars in Germany, France and other countries.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Intervention. European Journal of Economics and Economic Policies ; ISSN: 2195-3376 ; Volume: 08 ; Year: 2011 ; Issue: 2 ; Pages: 245-266
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Niechoj, Torsten
van Treeck, Till
- Ereignis
-
Veröffentlichung
- (wer)
-
Metropolis-Verlag
- (wo)
-
Marburg
- (wann)
-
2011
- DOI
-
doi:10.4337/ejeep.2011.02.02
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Niechoj, Torsten
- van Treeck, Till
- Metropolis-Verlag
Entstanden
- 2011
Ähnliche Objekte (12)
Inequality, the crisis, and stagnation
Did inequality cause the U.S. financial crisis?
The macroeconomics of "financialisation" and the deeper origins of the world economic crisis
Editorial to the Special Issue: The global financial crisis – Analysis and policy options
Editorial: The state of economics after the crisis
From the financial crisis to the world economic crisis: The role of inequality
Editorial: The jobs crisis: causes, cures, constraints
The political economy debate on financialisation' a macroeconomic perspective
Nothing learned from the crisis? Some remarks on the Stability Programmes 2011-2014 of the Euro area governments
r>g: Why the ‘Piketty Debate’ Unsettles Germany’s Economic Experts
The European Financial and Economic Crisis: Alternative Solutions from a (Post-) Keynesian Perspective
Reconsidering the Investment-Profit Nexus in Finance-Led Economies: an ARDL-Based Approach
Inequality, the crisis, and stagnation
Did inequality cause the U.S. financial crisis?
The macroeconomics of "financialisation" and the deeper origins of the world economic crisis
Editorial to the Special Issue: The global financial crisis – Analysis and policy options
Editorial: The state of economics after the crisis
From the financial crisis to the world economic crisis: The role of inequality
Editorial: The jobs crisis: causes, cures, constraints
The political economy debate on financialisation' a macroeconomic perspective
Nothing learned from the crisis? Some remarks on the Stability Programmes 2011-2014 of the Euro area governments
r>g: Why the ‘Piketty Debate’ Unsettles Germany’s Economic Experts
The European Financial and Economic Crisis: Alternative Solutions from a (Post-) Keynesian Perspective
Reconsidering the Investment-Profit Nexus in Finance-Led Economies: an ARDL-Based Approach
Inequality, the crisis, and stagnation
Did inequality cause the U.S. financial crisis?
The macroeconomics of "financialisation" and the deeper origins of the world economic crisis
Editorial to the Special Issue: The global financial crisis – Analysis and policy options
Editorial: The state of economics after the crisis
From the financial crisis to the world economic crisis: The role of inequality
Editorial: The jobs crisis: causes, cures, constraints
The political economy debate on financialisation' a macroeconomic perspective
Nothing learned from the crisis? Some remarks on the Stability Programmes 2011-2014 of the Euro area governments
r>g: Why the ‘Piketty Debate’ Unsettles Germany’s Economic Experts
The European Financial and Economic Crisis: Alternative Solutions from a (Post-) Keynesian Perspective