Managing The Euro Area Debt Crisis.

First came the financial and debt crisis in Greece, then government financing difficulties and rescue programs in Ireland in 2010 and Portugal in 2011. Before long, Italy and Spain were engulfed by financial contagion as well. Finally in 2012, the European Central Bank pledged to do ""what...

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Bibliographic Details
Main Author: Cline, William R.
Format: eBook
Language:English
Published: Washington : Peterson Institute for International Economics, 2016.
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Online Access:Click for online access
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Summary:First came the financial and debt crisis in Greece, then government financing difficulties and rescue programs in Ireland in 2010 and Portugal in 2011. Before long, Italy and Spain were engulfed by financial contagion as well. Finally in 2012, the European Central Bank pledged to do ""whatever it takes"" to preserve the euro area with purchases of government bonds, a step that achieved impressive results, according to William R. Cline in this important new book. One of the world's leading experts on fiscal and debt issues, Cline mobilizes meticulously researched and forceful arguments to trace.
Item Description:Other Publications from the Peterson Institute for International Economics.
Physical Description:1 online resource (254 pages)
ISBN:9780881326888
0881326887
Source of Description, Etc. Note:Print version record.