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Euro Crisis: A Structural Analysis by Simone Marretta is a document available to read on EtoBox.

This document provides an analysis of the European debt crisis from a Marxian and Financial Keynesian perspective. It argues that existing heterodox approaches overlook some key features of modern monetary economies and the eurozone. Specifically, it notes that 1) public debts are a consequence rather than cause of problems in Europe, 2) current account balances do not fully capture financial flows between countries, and 3) structural industrial divergences between European countries also contributed to the

Author

Simone Marretta

Language

EN