Marzinotto, Benedicta (2013) The euro complements Northern European economies more effectively than those in Southern Europe. LSE European Politics and Policy (EUROPP) Blog (02 Oct 2013). Website.
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Abstract
Why has the Eurozone crisis affected Southern European countries more severely than Northern European countries? Benedicta Marzinotto writes that it is necessary for monetary and fiscal policies to complement structural factors within an economy, such as labour market institutions. She argues that the transition to the euro created problems for Southern European countries as the single currency’s macroeconomic regime was at odds with some of the structural features of these economies. In contrast, countries like Germany were shielded from these problems because the new system was similar to the previous German model.
| Item Type: | Online resource (Website) |
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| Official URL: | http://blogs.lse.ac.uk/europpblog/ |
| Additional Information: | © 2013 The Author(s) |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HB Economic Theory J Political Science > JN Political institutions (Europe) |
| Date Deposited: | 04 Apr 2017 11:32 |
| Last Modified: | 11 Dec 2024 13:24 |
| URI: | http://eprints.lse.ac.uk/id/eprint/72359 |
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