Matches in SemOpenAlex for { <https://semopenalex.org/work/W3143741916> ?p ?o ?g. }
- W3143741916 endingPage "184" @default.
- W3143741916 startingPage "142" @default.
- W3143741916 abstract "Chapter 5 investigates the consequences of the Great Recession on indicators of macroeconomic and microeconomic efficiency and equity. In Europe the financial crisis appeared initially under forms similar to those characterizing the United States, but soon assumed a very different form, due to the state intervention to save ailing banks, and the EMU peculiar institutions. More recently, the crisis has again changed its nature, as sovereign debt has been absorbed by banks, thus causing a problem for them and, in turn, again for the public finances that had to face bank failures. An important role was played by the specific financial imbalances that appeared in the EMU as a consequence of the formation of a currency area. Pre-existing imbalances became more intense when Germany decided to cope with the difficulties of a mature economy and unification with its Eastern Lander by adopting an export-led growth model supported by real devaluation. Then, European financial integration allowed for persistent net lending from core countries to peripheral countries, which compensated for the current account of the latter towards not only the former but also countries external to the EA." @default.
- W3143741916 created "2021-04-13" @default.
- W3143741916 creator A5002534641 @default.
- W3143741916 date "2020-09-30" @default.
- W3143741916 modified "2023-10-16" @default.
- W3143741916 title "The Great Recession" @default.
- W3143741916 cites W128600877 @default.
- W3143741916 cites W1485150358 @default.
- W3143741916 cites W1493506677 @default.
- W3143741916 cites W1505985936 @default.
- W3143741916 cites W1513090717 @default.
- W3143741916 cites W1514243380 @default.
- W3143741916 cites W1516955851 @default.
- W3143741916 cites W1528024021 @default.
- W3143741916 cites W1532717550 @default.
- W3143741916 cites W1536072498 @default.
- W3143741916 cites W1538554638 @default.
- W3143741916 cites W1542017392 @default.
- W3143741916 cites W1545508917 @default.
- W3143741916 cites W1549751491 @default.
- W3143741916 cites W1560888191 @default.
- W3143741916 cites W1575307928 @default.
- W3143741916 cites W1581138652 @default.
- W3143741916 cites W1589877688 @default.
- W3143741916 cites W1596790722 @default.
- W3143741916 cites W1598384765 @default.
- W3143741916 cites W1605623969 @default.
- W3143741916 cites W1621400880 @default.
- W3143741916 cites W1630348593 @default.
- W3143741916 cites W1669660444 @default.
- W3143741916 cites W1684869519 @default.
- W3143741916 cites W174882691 @default.
- W3143741916 cites W1754451798 @default.
- W3143741916 cites W1763455820 @default.
- W3143741916 cites W1830563144 @default.
- W3143741916 cites W1831000232 @default.
- W3143741916 cites W1832474830 @default.
- W3143741916 cites W1853708142 @default.
- W3143741916 cites W1864997767 @default.
- W3143741916 cites W1878345946 @default.
- W3143741916 cites W1895124142 @default.
- W3143741916 cites W1901990306 @default.
- W3143741916 cites W1921762545 @default.
- W3143741916 cites W1934963734 @default.
- W3143741916 cites W1944275516 @default.
- W3143741916 cites W1951889926 @default.
- W3143741916 cites W1963628516 @default.
- W3143741916 cites W1965776348 @default.
- W3143741916 cites W1966082847 @default.
- W3143741916 cites W1970240938 @default.
- W3143741916 cites W1973035452 @default.
- W3143741916 cites W1974114670 @default.
- W3143741916 cites W1974555019 @default.
- W3143741916 cites W1974697137 @default.
- W3143741916 cites W1976438993 @default.
- W3143741916 cites W1977099772 @default.
- W3143741916 cites W1977526122 @default.
- W3143741916 cites W1977575080 @default.
- W3143741916 cites W1978854777 @default.
- W3143741916 cites W1980792566 @default.
- W3143741916 cites W1981183884 @default.
- W3143741916 cites W1981883475 @default.
- W3143741916 cites W1984350077 @default.
- W3143741916 cites W1988140533 @default.
- W3143741916 cites W1990595434 @default.
- W3143741916 cites W1991658597 @default.
- W3143741916 cites W1995178073 @default.
- W3143741916 cites W1995705316 @default.
- W3143741916 cites W1996684610 @default.
- W3143741916 cites W1997010230 @default.
- W3143741916 cites W2000245303 @default.
- W3143741916 cites W2000280858 @default.
- W3143741916 cites W2001397260 @default.
- W3143741916 cites W2001865361 @default.
- W3143741916 cites W2002515216 @default.
- W3143741916 cites W2002594524 @default.
- W3143741916 cites W2002777733 @default.
- W3143741916 cites W2003423893 @default.
- W3143741916 cites W2003969205 @default.
- W3143741916 cites W2005956449 @default.
- W3143741916 cites W2007492056 @default.
- W3143741916 cites W2008364953 @default.
- W3143741916 cites W2008401866 @default.
- W3143741916 cites W2009782707 @default.
- W3143741916 cites W2011279941 @default.
- W3143741916 cites W2011523780 @default.
- W3143741916 cites W2014676982 @default.
- W3143741916 cites W2014683634 @default.
- W3143741916 cites W2016510098 @default.
- W3143741916 cites W2016585563 @default.
- W3143741916 cites W2017519161 @default.
- W3143741916 cites W2017635093 @default.
- W3143741916 cites W2018316283 @default.
- W3143741916 cites W2019856397 @default.
- W3143741916 cites W2020751753 @default.
- W3143741916 cites W2022736072 @default.
- W3143741916 cites W2025019665 @default.
- W3143741916 cites W2026850475 @default.