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The paper deals with the geographies of the European economic crisis that had its origins in the global financial crisis of 2008-09. The crisis pushed many European economies into a deep recession and caused a mass unemployment in many countries. The crisis is analysed in a monetary economy...
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the Western EU countries taking into account the effects of regional spillovers. According to the latest estimates over 16 … per cent of the EU citizens are poor (based on monetary concept). Using Europe 2020 strategy indicator people at risk of … poverty or social exclusion over 23 percent of EU citizens can be considered poor. In this study a spatial Durbin model (SDM …
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