Whitaker Institute Policy Brief

Abstract

With the growing discontent to the Austerity policies in Europe, there is also a growing demand for seeking alternative policies for solving the crisis. The alternative policies would only come about by recognizing the dynamic interplay between the financial sector and the real sector where the trade imbalances were accruing before the crisis, and more importantly by seeking alternative economic theoretic basis for analyzing and solving the crisis. It is in this context, Whitaker Institute in NUI Galway in collaboration with the Economics Discipline at the School of Business and Economics organized a three-day workshop titled "Finance, Sovereign Debt and Eurozone Crisis" in early November in 2012. The outcome of the workshop is this public policy brief that articulates an alternative vision for solving the Eurozone crisis.