The Eurozone Crisis: Why Is It So Difficult to Solve? | October 19 (vs. Bucknell)
Nancy Marion, Associate Dean of Faculty for the Social Sciences and George J. Records 1956 Professor of Economics
The Eurozone countries face three separate crises—a banking crisis, a sovereign debt crisis, and a growth crisis. Policymakers face a dilemma because efforts to alleviate one crisis can worsen the others. Policymakers also recognize that real progress in resolving the Eurozone crises may require a level of cost sharing among member countries that is difficult to achieve politically.
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