AN ANALYSIS OF THE RECENT EUROZONE RECOVERY: IS IT SUSTAINABLE?

Journal of Governance and Regulation

Ivo Pezzuto¹ 

关键词: Eurozone;    European Union;    Economy Recovery;    Financial Crisis;    Great Recession;    Monetary Governance;   

DOI  :  10.22495/jgr_v6_i3_p3

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

This article addresses the topic of the surprise European Economy recovery in 2017 and its possible implications. The article aims to provide a broad and comprehensive understanding of the triggering factors that have contributed to this unexpected economic revival and to the slow and uneven economic recovery in Europe after the Global Financial Crisis of 2008 and the Great Recession. The article also aims to highlight the potential downside risks related to the still unsolved structural issues that caused the debt overhang and macroeconomic imbalances in Europe in the past decade. Thus, the European Union and the Eurozone seem to be on course for a potential brighter future in the years to come but internal and external risks might still undermine the path to sustained growth, full economic recovery, and stronger integration in the region unless proper political, economic, fiscal, and monetary governance and policies are assured to make the euro area more resilient to future systemic shocks.

【 授权许可】

CC BY-NC