The crisis in the Euro zone : did the euro contribute to the evolution of the crisis ? (English)

The simmering sovereign debt crisis in the Euro Zone represents a looming threat to the recovery of the world economy and could lead to a renewed global financial crisis. The purpose of this paper is to analyze the root causes of the crisis in Europe and assess the extent to which it was driven by the global financial crisis and by factors internal to Europe, notably the adoption of the common currency. Adoption of the euro led to convergence of interest...

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Author

Lin, Justin Yifu;

Treichel,Volker;
Document Date
2012/07/01
Document Type
Policy Research Working Paper
Report Number
WPS6127
Volume No
1
Total Volume(s)
1
Country
World, Europe,
Region
Europe and Central Asia, Other,
Disclosure Date
2012/07/01
Disclosure Status
Disclosed
Doc Name
The crisis in the Euro zone : did the euro contribute to the evolution of the crisis ?
Keywords
access to international capital markets

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Citation

Lin, Justin Yifu; Treichel,Volker.

The crisis in the Euro zone : did the euro contribute to the evolution of the crisis ? (English). Policy Research working paper ; no. WPS 6127 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/198401468331817873

The crisis in the Euro zone : did the euro contribute to the evolution of the crisis ? (English)

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