Ten Years On, Two Crises Later
Evaluating EMU Institutional Reforms Since 2010
Bibliographic Data
| ID | 12155235 |
|---|---|
| Authors | Sebastian Dullien (0000-0002-6401-8651, Institut für Makroökonomie der Hans-Böckler-Stiftung, Düsseldorf, Germany and HTW Berlin – University of Applied Sciences, Berlin, Germany, corresponding author) |
| Year | 2022 |
| Volume | 51 |
| Issue | 1 |
| Pages | 5-17 |
| Publication date | 2022-01-02 |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0891-1916 • E-ISSN: 1558-0970 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/08911916.2022.2046311 |
| OpenAlex | W4229025053 |
| Language | EN |
| Citations received | 3 |
| References cited | 12 |
The article systematically reviews EMU governance reforms implemented, policy instruments introduced and further institutional reforms currently under discussion with a view of how far they have addressed the institutional shortcomings of the euro-area architecture, which have led to the euro crisis of 2010ff. It further explores how far these reforms have helped to prevent a replay of that crisis when the COVID-19 pandemic hit the euro area. To this end, the article first reviews the academic debate about the causes of the euro crisis that started with the Greek sovereign debt crisis in 2010. In a second step, it evaluates the reforms implemented since the onset of the euro crisis and during the COVID-19 crisis with regard in how far these reforms have addressed or could address the causes of the crisis and gives an outlook on potential forthcoming problems
Coronavirus disease 2019 (COVID-19 · Corporate governance · Debt · Debt crisis · Economic governance · Economic policy · Economics · European debt crisis · European integration · European union · Financial crisis · Financial system · Macroeconomics · Political science · Politics · Sovereign debt · Sovereignty · European Monetary and Fiscal Policies · European Union Policy and Governance · Global Financial Crisis and Policies · Finance
| Citations per year | 1 |
|---|---|
| Citation span | 2023 - 2025 (3) |
| Highly cited | No |