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The Great Depression of 2011-2013 in Europe - causes and consequences

https://doi.org/10.21686/2073-1051-2014-1-183-192

Abstract

The article analyses the reasons and consequences of the great recession, which covered Eurozone countries in 2011-2013. The author investigates this phenomenal situation using new facts and sources. The author makes original derivation about the objectivity of monetary models and the necessity of new approaches to the regulation of the national economy and the economy of international EU group.

About the Author

Ruslan I. Khasbulatov
Российский экономический университет им. Г.В. Плеханова
Russian Federation


References

1. См.: МВФ. Доклад о глобальной финансовой стабильности. Январь, Вашингтон, 2012. С. 6.

2. См.: МВФ. Бюллетень перспектив развития мировой экономии. Вашингтон, 2012. С. 6.

3. См.: Пол Кругман. Долги и Рост: Спор из-за Рейнхарда и Рогоффа. НГ, 10 июня 2013 г.

4. Explosive in the making. In: Bibow J andTerzi A, eds. Euroland and the World Economy: Global Player or Global Drag? Basingstoke, Palgrave Macmillan: 43-52.

5. Bibow J (2012).The euro debt crisis and Germany's euro trilemma. Working Paper no. 721, Levy Economics Institute of Bard College, Annandale-on-Hudson, NY. Available at: <http://www.levyinstitute.org/>pubs/wp_721 .pdf.


Review

For citations:


Khasbulatov R.I. The Great Depression of 2011-2013 in Europe - causes and consequences. Federalism. 2014;(1):183-192. (In Russ.) https://doi.org/10.21686/2073-1051-2014-1-183-192

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ISSN 2073-1051 (Print)