POTENTIAL INSTRUMENTS THAT THE ECB COULD TAKE IN ORDER TO FACE THE EURO ZONE CRISIS
POTENTIAL INSTRUMENTS THAT THE ECB COULD TAKE IN ORDER TO FACE THE EURO ZONE CRISIS
Author(s): Myriam J. MaierSubject(s): Economy, Supranational / Global Economy
Published by: Instytut Badań Gospodarczych
Keywords: Euro zone crisis; monetary/fiscal policies; Open Market Operations (OMO); Interest rates and Fiscal Pact
Summary/Abstract: The Euro Zone crisis involves a wide range of situations in which economies, financial institutions and assets have lost a substantial portion of their value. The economic impact of the crisis has propelled economies to devise more aggressive strategies to face the crisis as discussed in the context of this review which adds to the body of knowledge available for economists to face future crises.
Journal: Equilibrium. Quarterly Journal of Economics and Economic Policy
- Issue Year: 8/2013
- Issue No: 1
- Page Range: 33-48
- Page Count: 16
- Language: English