Abstract
There is no doubt that the world economy has recently faced one of the worst global crises since the Great Depression. It is also quite indisputable that Europe is one of the worst affected areas. Not only do European growth rates tend to be lower than those of the US or emerging economies, but also even the existence of the Eurozone is at risk. The sovereign debt of various European countries, such as Greece and Spain, has come under massive speculative attack on financial markets, despite the fact that other countries are even more indebted. For this reason, several euro members have approved various austerity plans that threaten a double-dip scenario.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Alesina, A. (2010) ‘Terapie alla greca per un’Italia più sana’, Il Sole 24 Ore, 4 May.
Bauman, Z. (2008) Does Ethics Have a Chance in a World of Consumers?, Cambridge: Harvard University Press.
Benigno, P. (2010) ‘Se tocca all’euro salvare l’Europa’, Il Messaggero, 10 May.
Eichengreen, B. (2010) ‘Drawing a Line under Europe’s Crisis’, The Vox, 17 June.
Fitoussi, J. P. (2010) ‘Contro chi giocano i mercati’, La Repubblica, 3 May.
Krugman, P. (2010) ‘The Making of a Euromess’, The New York Times, 14 February.
Phelps, E. (2006) ‘Macroeconomics for a Modern Economy’, Nobel Prize Lecture, 8 December.
Reichlin, P. and Borri, N. (2010) ‘Un modello Usa per la UE’, Il Sole 24 Ore, 13 May.
Sen, A. (2009) ‘Capitalism Beyond the Crisis’, The New York Review of Books, vol. 56, no. 5, 26 March.
Soros, G. (2010) ‘Soros: L’euro? E’ a rischio. Una moneta incompiuta’, Corriere della Sera, 15 April.
Steltzer, I. (2010) ‘The EU needs Long-term Solutions to Come of the Eurozone Crisis’, The Wall Street Journal Europe, 29 March.
Stiglitz, J. E. (2010) ‘Can the Euro be Saved?’, The Project Syndicate, 5 May.
Tabellini, G. (2010) ‘Il fantasma di un piano URSS e l’Europa 2010’, Il Sole 24 Ore, 10 January.
The Economist (2010a) ‘Can Anything Perk Up Europe?’, 10 July.
The Economist (2010b) ‘Staring into the Abyss’, 10 July.
Editor information
Editors and Affiliations
Copyright information
© 2011 Teodoro Dario Togati
About this chapter
Cite this chapter
Togati, T.D. (2011). Europe in Crisis: More Political Integration in the Eurozone is the Solution. In: Della Posta, P., Talani, L.S. (eds) Europe and the Financial Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9780230305007_6
Download citation
DOI: https://doi.org/10.1057/9780230305007_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33070-6
Online ISBN: 978-0-230-30500-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)