Endettement des États et crise de l’euro
Without a right diagnosis, no chance of cure. This can be stated for the Euro crisis. The diagnosis proposed in this paper is that the key origin of this crisis is not a series of high government deficits (non financial origin), but the present mode of European government financing (financial origin...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Association Recherche & Régulation
2011-12-01
|
| Series: | Revue de la Régulation |
| Subjects: | |
| Online Access: | https://journals.openedition.org/regulation/9448 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832577904160014336 |
|---|---|
| author | Bernard Billaudot |
| author_facet | Bernard Billaudot |
| author_sort | Bernard Billaudot |
| collection | DOAJ |
| description | Without a right diagnosis, no chance of cure. This can be stated for the Euro crisis. The diagnosis proposed in this paper is that the key origin of this crisis is not a series of high government deficits (non financial origin), but the present mode of European government financing (financial origin based on its de-nationalization in the under construction Europe context). However, about any « social disease », a right diagnosis doesn’t determine a unique therapy. So, we have as many financial solutions to the Euro crisis as there are political options on the Europe construction. The main point of this paper is to present four « pure » options with the inducted solutions. In fine, I give my own citizen point of view which is in favour of a shift for all Euro zone contries from the Euro as a unique currency to the Euro as a common currency. |
| format | Article |
| id | doaj-art-85edd2a15e534f149a0a5bc3756f748c |
| institution | Kabale University |
| issn | 1957-7796 |
| language | English |
| publishDate | 2011-12-01 |
| publisher | Association Recherche & Régulation |
| record_format | Article |
| series | Revue de la Régulation |
| spelling | doaj-art-85edd2a15e534f149a0a5bc3756f748c2025-01-30T14:26:24ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962011-12-011010.4000/regulation.9448Endettement des États et crise de l’euroBernard BillaudotWithout a right diagnosis, no chance of cure. This can be stated for the Euro crisis. The diagnosis proposed in this paper is that the key origin of this crisis is not a series of high government deficits (non financial origin), but the present mode of European government financing (financial origin based on its de-nationalization in the under construction Europe context). However, about any « social disease », a right diagnosis doesn’t determine a unique therapy. So, we have as many financial solutions to the Euro crisis as there are political options on the Europe construction. The main point of this paper is to present four « pure » options with the inducted solutions. In fine, I give my own citizen point of view which is in favour of a shift for all Euro zone contries from the Euro as a unique currency to the Euro as a common currency.https://journals.openedition.org/regulation/9448Statedebtcommon currencysingle currencyglobalisation |
| spellingShingle | Bernard Billaudot Endettement des États et crise de l’euro Revue de la Régulation State debt common currency single currency globalisation |
| title | Endettement des États et crise de l’euro |
| title_full | Endettement des États et crise de l’euro |
| title_fullStr | Endettement des États et crise de l’euro |
| title_full_unstemmed | Endettement des États et crise de l’euro |
| title_short | Endettement des États et crise de l’euro |
| title_sort | endettement des etats et crise de l euro |
| topic | State debt common currency single currency globalisation |
| url | https://journals.openedition.org/regulation/9448 |
| work_keys_str_mv | AT bernardbillaudot endettementdesetatsetcrisedeleuro |