- Publicado: 21 Abril 2017
- Escrito por Centro de Estudos de Relações Econômicas Internacionais
Artigo publicado na Brazilian Keynesian Review por pesquisadores do Ceri
Since the outbreak of the global crisis in 2008, the countries of the periphery of the euro zone have faced great difficulties to enable the recovery of product, income and employment levels. The paper discusses this process and it argues that the exhaustion of conventional policies, along with the "genetic faults" of the single currency institutionality, contributes to impose sharp limits to the economic recovery process in many countries of the region.