Eurobonds: Evolution and solutions to the debt in Europe
Keywords:
fi nancial and monetary economics, business cycle, Eurozone debt crisis, Eurobonds, fi nancial integration
Abstract
In this paper we analyze the main problems arising from the management of public debt, discussing whether it is a latent or cyclical problem. We propose a mechanism how solution to the sovereign debt crisis that the Eurozone countries suffering under the global fi nancial crisis. This mechanism involves a restructuring process combined with the creation of a common system of issuance of sovereign debt in the Eurozone, commonly referred to as Eurobonds. Therefore, the objective of this research is to provide analytical information necessary to understand the possible solutions to the problems of public debt.Crossmark
Published
2016-03-07
How to Cite
Arribas Cámara, J., & Cárdenas del Rey, L. (2016). Eurobonds: Evolution and solutions to the debt in Europe. Política Y Sociedad, 53(1), 259-279. https://doi.org/10.5209/rev_POSO.2016.v53.n1.46314
Section
Miscelaneus
License
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