der Eurozone aus rechtlicher und ökonomischer Sicht und zeigt, dass die bisherigen Regularien noch sichtbare Schwächen …

The conventional narrative for the European debt crisis stresses three factors, namely, bad policies and profligacy in …. This paper argues that the root causes of the crisis lie in the failure of many ‘safety valves' of market economies, at … many levels of the society, both in the crisis countries and in the more ‘prudent' EMU-countries, in an economic …