Structural and Institutional Divergence in the Eurozone

Posted: 12 Apr 2012

See all articles by Theodore Pelagidis

Theodore Pelagidis

University of Piraeus; Brookings Institution

Multiple version iconThere are 2 versions of this paper

Date Written: April 12, 2012

Abstract

The success of the European Union is remarkable. But the current economic crisis is severely testing support. It is affecting member nations in different ways, and for some the crisis has been painful. Without individual control over their economic policies, some nations are getting frustrated. The author, an economist from one of the member nations, suggests far more flexible policy adjustments as an answer.

Keywords: Recession, European Economics, Institutional Economic

Suggested Citation

Pelagidis, Theodore, Structural and Institutional Divergence in the Eurozone (April 12, 2012). Available at SSRN: https://ssrn.com/abstract=2038906 or http://dx.doi.org/10.2139/ssrn.2038906

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