Seeking Debt Crisis And Solution In Europe

Ali , Yavuz (2012) Seeking Debt Crisis And Solution In Europe. In: 3rd International Symposium on Sustainable Development, May 31 - June 01 2012, Sarajevo.

9. Seeking Debt Crisis And Solution In Europe.pdf

*- Download (400kB) | Preview


In this study, the European Union (EU) countries, the countiries of their lives go down to the root causes of the debt crisis by making suggestions in search of solutions to the debt crisis will be examined. Emerging in the U.S.A. mortgage market crisis in 2007, quickly spread to the real sector from the financial sector in the years 2007-2009. And so the U.S.A. economy, increased unemployment and stagnation in 2008 and 2009 a major problem encountered. The economic crisis in the U.S. especially in EU countries, especially spread through strong financial relationships. Cause of the crisi spreading, the U.S.A., its foreign trade with third countries EU’s countries and possble recession and real income loses, narrowed. Foreign demand for exports of goods and services of third countries. Another reason for the crisi, said that the U.S.A. debt-based consumer spending growth can’t be prevented. E.U.’s main causes of debt crisi, the misappropriation of resources, competition loss, and therefore can’t be seen in this negative economic revival began participation in the Euro. Falling ineterest rates in euro countries participating in the pre-crisis period, the total demand by facilitating increased borrowing opportunities. GIIPS( Greece, Ireland, Italy, Portugal, Spain) countries in paralel with an increase in demand has increased in both public and private debts. Increased demand led to an increase in the prices of goods and services increase in investment. In the last part of study, the debt crisis of the EU countries should take measures to release the elimanation of debt problems, increase the competiveness of member states and the EU, strengthning economic governance issues within the EU will be examined. Keywords: Global Crisis, Debt Crisis , European Union

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 01 Nov 2012 14:10
Last Modified: 01 Nov 2012 14:10

Actions (login required)

View Item View Item