Robert M. La Follette School of Public Affairs

The Eurozone in Crisis: Origins and Prospects

The authors analyze the eurozone's financial crisis, locating the source of the problems in the dissimilarity of the currency union's economies and the lack of a fiscal mechanism for mitigating shocks to individual economies. They describe the debate over the means to best resolve the crisis and assess the most likely outcomes.

Additional Info

  • Volume or issue no.: La Follette School Working Paper No. 2012-001
  • Author(s): Menzie D. Chinn and Jeffry A. Frieden