目次

Introduction: Europe, the euro and a crisis Europe, the European union and the euro The road to the euro Fiscal and monetary policy in the euro zone The crisis Europe in the wake of the global financial crisis Outline of this book A financial and economic crisis in Greece Introduction The incubation of modern Greece The economy in the eighties and early nineties Fiscal Policy Monetary policy and financial deregulation The macroeconomic environment Slowing productivity growth as a prelude to access to the euro On the statistics provided by the Greek government Access to the European monetary union An apparent boom Dynamic of the crisis in Greece Ireland: from prosperity to crisis Introduction A condensed pre-history of Ireland?fs economy The post war history of the Irish economy Ideas Actors Action and Policy changes 1966-1973 1970s and 1980s Context Politics and policies The Celtic Tiger 1993-2007 A blueprint for economic growth Results The onset of the crisis A hiccough Real estate and a few prophets How the real estate boom came to an abrupt pause A dynamic of the crisis in Ireland Spain, the euro and a crisis Introduction Spain before 2007 The financial situation of Spain in 2007 The real estate bubble in Spain, 1997-2008: spurious explanations The real estate bubble in Spain, 1997-2008: underlying factors The demographic situation Interest rates La ley del suelo Corruption of local officials The role of money laundering in launching the real estate bubble Financing real estate: the cajas de ahorro. Fiscal impact of the crisis Dynamics of the financial crisis in Spain How Italy experienced the euro crisis Introduction A condensed history of Italy?fs economy The Golden Age, 1953-1971 The impact of state owned enterprises The close of the sixties The Seventies and Eighties The electorate revolts 1992-1994 Italy in the euro A dynamic of the financial crisis in Italy Chapter 6 Conclusion: the crisis and lessons for the administration of the euro Understanding the euro crisis Overview of this book Similarities and differences in the crisis experience Lessons from the crises in Europe A lesson from the euro crisis Coda Bibliography Index