{"id":116452,"date":"2024-01-22T20:03:36","date_gmt":"2024-01-22T19:03:36","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/116452\/"},"modified":"2024-11-07T04:39:20","modified_gmt":"2024-11-07T03:39:20","slug":"european-monetary-union-in-crisis","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/116452\/","title":{"rendered":"European Monetary Union in Crisis"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-116452","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"So far it has not been possible to solve the crisis of the European Monetary Union. In recent months it has worsened increasingly and is now placing a drag on global economic activity. A comprehensive solution to the crisis would include the establishment of joint liability for government debt in the euro area, measures to stabilise the economy and ensuring long-term stability of government debt.","onlinedate":"2012-05-11 02:00:00","lang":"English","publication_series":"","publication_date":"20120501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"World Business Cycle World Economy Euro Crisis\"]","jelcodes":"[]","related_publications":"[]","pdf":344229,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"17","monthly_report_pages":"81-94","monthly_report_pages_sort":"81","issue":"2","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[3567],"persons_data":"[{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Ederer, S.<\\\/span> (2012). <span>European Monetary Union in Crisis<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>17<\\\/em>(2), 81-94. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/44296\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/44296<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Ederer S<\\\/span>. <span class=\\\"title\\\"><span>European Monetary Union in Crisis<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2012 May;17(2):81-94.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{bc6b5c40a2014cc5ac5741cb5e6610af,<\\\/div><div>  title    = \\\"European Monetary Union in Crisis\\\",<\\\/div><div>  abstract = \\\"So far it has not been possible to solve the crisis of the European Monetary Union. In recent months it has worsened increasingly and is now placing a drag on global economic activity. A comprehensive solution to the crisis would include the establishment of joint liability for government debt in the euro area, measures to stabilise the economy and ensuring long-term stability of government debt.\\\",<\\\/div><div>  keywords = \\\"World Business Cycle World Economy Euro Crisis, World Business Cycle World Economy Euro Crisis\\\",<\\\/div><div>  author   = \\\"Stefan Ederer\\\",<\\\/div><div>  note     = \\\"Sovereign Debt Crisis: Business Cycle\\\",<\\\/div><div>  year     = \\\"2012\\\",<\\\/div><div>  month    = may,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"17\\\",<\\\/div><div>  pages    = \\\"81--94\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - European Monetary Union in Crisis<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>N1  - Sovereign Debt Crisis: Business Cycle<\\\/p><p>PY  - 2012\\\/5<\\\/p><p>Y1  - 2012\\\/5<\\\/p><p>N2  - So far it has not been possible to solve the crisis of the European Monetary Union. 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A comprehensive solution to the crisis would include the establishment of joint liability for government debt in the euro area, measures to stabilise the economy and ensuring long-term stability of government debt.<\\\/p><p>KW  - World Business Cycle World Economy Euro Crisis<\\\/p><p>KW  - World Business Cycle World Economy Euro Crisis<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 17<\\\/p><p>SP  - 81<\\\/p><p>EP  - 94<\\\/p><p>JO  - Austrian Economic Quarterly<\\\/p><p>JF  - Austrian Economic Quarterly<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>European Monetary Union in Crisis - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/116452\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Monetary Union in Crisis\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/116452\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T03:39:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/116452\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/116452\\\/\",\"name\":\"European Monetary Union in Crisis - 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