The European Sovereign Debt Crisis

Lane. (2012). The European Sovereign Debt Crisis. 2010-2012.

Type

Journal article

Intellectual base

Primary research

Year

2012

DOI

10.1257/jep.26.3.49

Link

https://doi.org/10.1257/jep.26.3.49

Cited by

1 citation across 1 artifact.

Domain-specific

• Impossible Trinity
  • The cost of that sacrifice became stark in the 2010-2012 sovereign-debt crisis: Greece, deep in recession, could neither devalue its currency to restore competitiveness nor set interest rates suited to its own conditions, because both levers now belonged to the union

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