Crisis Cycle: Challenges, Evolution, and Future of the Euro

by John H. Cochrane

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How the euro survived a series of crises, and how to make it more resilient

The euro has survived crises unimagined at its founding: the financial meltdown of 2007-2009, the sovereign debt crisis of 2010-2012, the pandemic, and the Russian invasion of Ukraine. The European Central Bank fought these crises with dramatic policy innovations, buying up vast amounts of debt and providing large loans to banks. But now everyone expects the...

Format:Hardcover

Language:English

ISBN:0691271607

ISBN13:9780691271606

Release Date:May 2025

Publisher:Princeton University Press

Length:296 Pages

Related Subjects

Business Business & Investing Economics

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Crisis Cycle: Challenges, Evolution, and Future of the Euro

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