Naslov
CAUSES AND MEASURES FOR PREVENTING FUTURE CRISIS IN EU

Autori
Višnjički, Siniša ; Bosna, Jurica

Izvornik
Review of Innovation and Competitiveness : A Journal of Economic and Social Research, Vol. 1 No. 1, 2015. (1849-8795) 1 (2015), 1; 63-80

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni

Ključne riječi
Global financial crisis ; financial crisis in EU ; causes of crisis ; prevention of crisis in EU

Sažetak
Authors summarized major causes of current financial crisis in EU on global and regional (European) level. On a global level these are credit rating agencies and compensations of CEO directors in financial sector. On regional level these are structural imbalance, increasing debts of EU countries, foreign trade imbalance among EU countries and loss of confidence in debt of EU countries. Measures for preventing future crises in EU according to the authors are improved debt management, application of Keynesian ideas for overcoming the crisis, reform of the criteria for entering the Eurozone, creation of a fiscal union, exit of the PIIGS countries from the Eurozone, taxation of the financial sector and creation of a banking union.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA