Abstract
The euro- area crisis is not a ‘sovereign debt’ crisis, as the conventional view
depicts it. As a number of non- mainstream economists have been explaining
since the euro- area crisis broke out (at the end of 2009), this crisis is the result of
unsustainable macro- economic imbalances across the private sector of the euroarea,
which have built up and remained largely unaddressed in the fi rst ten years
of the European Monetary Union (EMU).
| Original language | English |
|---|---|
| Title of host publication | Discourse Analysis and Austerity: Critical Studies from Economics and Linguistics |
| Editors | Ali T., Lebduskova E Power K. |
| Pages | 253-266 |
| Number of pages | 14 |
| Publication status | Published - 2019 |
Keywords
- Euro area
- austerity