Unravelling the roots of the EMU crisis. Structural divides, uneven recoveries and possible ways out
01 Pubblicazione su rivista
Simonazzi Annamaria, Celi Giuseppe, Guarascio Dario
ISSN: 0020-5346
This paper briefly reviews the factors responsible for the increasing divergence between and within the core and peripheral
countries of the EMU, describes the economic and political consequences of the crisis which began in 2008 and still grips the southern periphery, and discusses the possible paths to a sustainable EMU.