Theoretical and Applied Economics
No. 1 / 2016 (606), Spring
Sovereign debt crisis. From challenges to solutions
Bucharest University of Economic Studies, Romania
Andrei GIURESCU
Bucharest University of Economic Studies, Romania
Abstract. Starting with 2007, the European Union felt the international financial crisis within the strong and the weak economies and finances of the member states. In 2008 and 2009 it sees the problem of sovereign debt crisis, although there is a strong link between the financial crisis and the sovereign debt crisis throughout economic history. The main objectives were the actions of central banks, particularly the European Central Bank in response to the economic and financial crisis. But, in 2010, after a slow recovery, the sovereign debt crisis installed, bringing in the weaknesses of Economic Monetary Union. This paper presents an analysis of the sovereign debt crisis in European Union, focusing on the causes of the sovereign debt crisis, ways of transmission, its evolution and not least on solutions that can be found.
Contents
Female entrepreneurial activity in Romania
Analysis of the causal link between wages and prices in UK
Assessing the regional development degree – step one: Calibrating the polar diagram
The relationship between output and asset prices: A time – and frequency – varying approach
Territorial patterns of development in the European Union
Nexus between defense expenditure and economic growth in BRIC economies: An empirical investigation
Efficiency, non-linearity and chaos: evidences from BRICS foreign exchange markets
A theoretical examination of tax evasion among the self-employed
Long-term effects of the investments dynamics in Romania in the post-accession period – a regional approach
A utility based theoretical model for the income-life expectancy curve
Essentials aspects on macroeconomic variables and their correlations
Determinants of the Hungarian forint/ US dollar exchange rate
Macroeconomic strategies for the prevention of economic and financial crisis
Does tourism affect economic growth in Indian states? Evidence from panel ARDL model
Sovereign debt crisis. From challenges to solutions
International trade and tourism for Mediterranean countries: A panel causality analysis
Economic freedom index and stock returns in Malaysia
How budget deficit and current account deficit are interrelated in Indian economy
Study regarding the influence of the endogenous and exogenous factors on credit institution’s return on assets
Effects of oil returns and external debt on the government investment: A case study of Syria