Krisen i eurozonen

Historien om en krise - der kunne have været undgået

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

The crisis in the Eurozone is part of a general structural crisis with both global and regional dimensions. The US generated financial crisis was imported into the Eurozone due to the structural weaknesses and accumulated tensions built up during the years following the introduction of the common currency. These tensions express themselves in an accumulation of private debts and in huge balance-of-payments imbalances within the Eurozone. The sovereign debt crisis is the result of these weaknesses and tensions rather than their cause. By insisting on reductions on public spending as a general strategy for the Eurozone economic policies have aggravated not only the situation of the South European periphery of the Eurozone but increasingly also its Northern core. However, the Eurozone is unlikely to break up - rather we are heading for a period of muddling through characterized by growing inequalities, social and political tensions and stagnating economic growth.
Original languageDanish
JournalTidsskriftet Politik
Volume16
Issue number1
Pages (from-to)6-19
Number of pages14
ISSN1604-0058
Publication statusPublished - 2013

Cite this

@article{e7e54c469ff8474eaa7ff3d1f71a097b,
title = "Krisen i eurozonen: Historien om en krise - der kunne have v{\ae}ret undg{\aa}et",
abstract = "The crisis in the Eurozone is part of a general structural crisis with both global and regional dimensions. The US generated financial crisis was imported into the Eurozone due to the structural weaknesses and accumulated tensions built up during the years following the introduction of the common currency. These tensions express themselves in an accumulation of private debts and in huge balance-of-payments imbalances within the Eurozone. The sovereign debt crisis is the result of these weaknesses and tensions rather than their cause. By insisting on reductions on public spending as a general strategy for the Eurozone economic policies have aggravated not only the situation of the South European periphery of the Eurozone but increasingly also its Northern core. However, the Eurozone is unlikely to break up - rather we are heading for a period of muddling through characterized by growing inequalities, social and political tensions and stagnating economic growth.",
keywords = "European Economy, euro, Crisis, EU, debt crises, Political Economy",
author = "Henrik Plaschke",
year = "2013",
language = "Dansk",
volume = "16",
pages = "6--19",
journal = "Politik",
issn = "1604-0058",
publisher = "Dj{\o}f Forlag",
number = "1",

}

Krisen i eurozonen : Historien om en krise - der kunne have været undgået. / Plaschke, Henrik.

In: Tidsskriftet Politik, Vol. 16, No. 1, 2013, p. 6-19.

Research output: Contribution to journalJournal articleResearchpeer-review

TY - JOUR

T1 - Krisen i eurozonen

T2 - Historien om en krise - der kunne have været undgået

AU - Plaschke, Henrik

PY - 2013

Y1 - 2013

N2 - The crisis in the Eurozone is part of a general structural crisis with both global and regional dimensions. The US generated financial crisis was imported into the Eurozone due to the structural weaknesses and accumulated tensions built up during the years following the introduction of the common currency. These tensions express themselves in an accumulation of private debts and in huge balance-of-payments imbalances within the Eurozone. The sovereign debt crisis is the result of these weaknesses and tensions rather than their cause. By insisting on reductions on public spending as a general strategy for the Eurozone economic policies have aggravated not only the situation of the South European periphery of the Eurozone but increasingly also its Northern core. However, the Eurozone is unlikely to break up - rather we are heading for a period of muddling through characterized by growing inequalities, social and political tensions and stagnating economic growth.

AB - The crisis in the Eurozone is part of a general structural crisis with both global and regional dimensions. The US generated financial crisis was imported into the Eurozone due to the structural weaknesses and accumulated tensions built up during the years following the introduction of the common currency. These tensions express themselves in an accumulation of private debts and in huge balance-of-payments imbalances within the Eurozone. The sovereign debt crisis is the result of these weaknesses and tensions rather than their cause. By insisting on reductions on public spending as a general strategy for the Eurozone economic policies have aggravated not only the situation of the South European periphery of the Eurozone but increasingly also its Northern core. However, the Eurozone is unlikely to break up - rather we are heading for a period of muddling through characterized by growing inequalities, social and political tensions and stagnating economic growth.

KW - European Economy

KW - euro

KW - Crisis

KW - EU

KW - debt crises

KW - Political Economy

M3 - Tidsskriftartikel

VL - 16

SP - 6

EP - 19

JO - Politik

JF - Politik

SN - 1604-0058

IS - 1

ER -