Hein, Eckhard - Volkswirtschaftliche Fakultät, … - 2012
In this paper the euro crisis is viewed as the most recent episode of the crisis of finance-dominated capitalism … imbalances of current accounts, are analysed for a set of major Euro area countries. Against this background the euro crisis is … and will lead to deflationary stagnation and an increasing risk of disintegration of the Euro area. For this reason …