Second Episode of the Global Crisis: 2011 European Debt Crisis Cover Image

Küresel Krizin İkinci Perdesi: 2011 Avrupa Borç Krizi
Second Episode of the Global Crisis: 2011 European Debt Crisis

Author(s): Zafer Sezgin
Subject(s): Economy, Supranational / Global Economy, Present Times (2010 - today), Financial Markets
Published by: İşletme Araştırmaları Dergisi
Keywords: European Debt Crisis; Debt Sustainability; Monetary Expansion; Fiscal Discipline; European Central Bank;

Summary/Abstract: Measures for 2008 Global Economic Crisis cause a new crisis at 2011.Irreducible budget deficit, decreasing economy, great debt stock cause concern about sustainability of debt for some European economies. For ceasing economic crisis, ECB takes some monetary policy measures; EFSF and monetary expansion are in place. This article aims to explain existing and oncoming conditions of European economies.Methodology is setting representative and containing suitable period data set from primary resources.Measures for 2008 Global Economic Crisis cause a new crisis at 2011.Irreducible budget deficit, decreasing economy, great debt stock cause concern about sustainability of debt for some European economies. For ceasing economic crisis, ECB takes some monetary policy measures; EFSF and monetary expansion are in place. This article aims to explain existing and oncoming conditions of European economies. Methodology is setting representative and containing suitable period data set from primary resources.

  • Issue Year: 4/2012
  • Issue No: 2
  • Page Range: 141-150
  • Page Count: 10
  • Language: Turkish