Collective Memories on the 2010 European Debt Crisis
36 Pages Posted: 12 Jan 2021
There are 3 versions of this paper
Collective Memories on the 2010 European Debt Crisis
Collective Memories on the 2010 European Debt Crisis
Collective Memories on the 2010 European Debt Crisis
Date Written: January 12, 2021
Abstract
We examine whether collective memories on the aid&reform programs chosen to handle the 2010 European debt crisis differ between citizens from borrower and lender countries. We use new international survey data for non-experts and experts in member countries of the euro area. The results show that non-experts from borrower and lender countries remember aspects of the programs in different manners; indicating biases for assessments of how the crisis outcomes are perceived in borrower and lender countries. Nation-serving biases may well explain if the European debt crisis has reduced the sense of belonging rather than bringing European citizens closer together.
Keywords: Collective memories, European debt crisis, nation-serving biases, aid&reform programmes, experts
JEL Classification: F36, F55, H12, H87
Suggested Citation: Suggested Citation