Cookies?
Library Header Image
LSE Research Online LSE Library Services

Fighting the wrong enemy

de Grauwe, Paul (2010) Fighting the wrong enemy. VoxEU.

Full text not available from this repository.

Abstract

A government debt crisis is ravaging the Eurozone. This column argues that its cause is misunderstood. The culprit is a profligate private banking sector that has put strain on otherwise manageable government finances. The increase in debt has reached crisis point because the Eurozone is a monetary union without being a political union – it has no fire brigade to put out the fire.

Item Type: Article
Official URL: http://www.voxeu.org/
Additional Information: © 2010 VoxEU.org
Divisions: European Institute
Subjects: H Social Sciences > HG Finance
J Political Science > JZ International relations
JEL classification: F - International Economics > F3 - International Finance > F36 - Financial Aspects of Economic Integration
G - Financial Economics > G2 - Financial Institutions and Services > G20 - General
H - Public Economics > H6 - National Budget, Deficit, and Debt > H63 - Debt; Debt Management
Date Deposited: 08 Oct 2012 09:41
Last Modified: 13 Sep 2024 22:57
URI: http://eprints.lse.ac.uk/id/eprint/46643

Actions (login required)

View Item View Item