Deindustrialization, Public Debts and Euro Crisis

Sorhun, ENGİN

doi:10.1007/978-3-319-47021-4_5

Deindustrialization, Public Debts and Euro Crisis

GLOBAL FINANCIAL CRISIS AND ITS RAMIFICATIONS ON CAPITAL MARKETS: OPPORTUNITIES AND THREATS IN VOLATILE ECONOMIC CONDITIONS, ss.53-65, 2017 (SSCI)

Yayın Türü: Makale / Tam Makale
Cilt numarası:
Basım Tarihi: 2017
Doi Numarası: 10.1007/978-3-319-47021-4_5
Dergi Adı: GLOBAL FINANCIAL CRISIS AND ITS RAMIFICATIONS ON CAPITAL MARKETS: OPPORTUNITIES AND THREATS IN VOLATILE ECONOMIC CONDITIONS
Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, Geobase
Sayfa Sayıları: ss.53-65
Marmara Üniversitesi Adresli: Hayır

Özet

The 2008 Global Crisis and the Euro Crisis sparked a long standing debate: the impacts of the relocation of western companies (expat-firms), together with deindustrialization process, towards developing countries on the western economies. However the mentioned trend is recently discussed on the ground of the EU public debt burden and the Euro. The specific problematic is whether the relocation of firms is one of the main reasons for the deteriorated public finance and fiscal discipline of the EU countries. This is analytically evaluated under four eventual scenarios in the framework of the Euro Crisis.