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Efficient Crisis Prevention in the EU and the Eurozone: Which Macro-economic Imbalances Should Be Addressed?

Published on Tuesday, May 10, 2011 | Updated on Wednesday, January 7, 2015

Efficient Crisis Prevention in the EU and the Eurozone: Which Macro-economic Imbalances Should Be Addressed?

The benign neglect approacbenign approach: during many years before the crisis, financial markets and policy makers did not care about different imbalances that appeared across markets, sectors and countries in the Eurozone.

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