The Flow of Capital and the Eurozone Crisis

Authors

  • Vesna Georgieva Svrtinov
  • Janka Dimitrova
  • Krume Nikolovski
  • Blagica Koleva

Keywords:

financial crisis, sudden stops, capital flows, Euro zone, recession.

Abstract

Historical experience shows that in the world of high capital mobility, sudden stops of capital inflows may occur, typically triggering financial crises. The latest financial crisis in the Euro zone (EZ) seems to support this point of view. Euro adoption encouraged a capital flow bonanza

References

C. Reinhart, M.V. Reinhart. (2008),

V. Georgieva (2011). Financial Liberalization and Financial Stability. Makedonska Riznica, Kumanovo, 2011, Republic of Macedonia, pp

M. Petkovski, V. Georgieva, (2012).

K. Mansori, (2011, September),

S.E. Cociuba (2011, May 5).

Paul Krugman (2012, September).

Justin Y.L., Volker T. (2012).

J. Ferry, S. Merler, (2012, April).

European Central Bank (2012, February).

H. Sinn, (2012).

D. Francis, (2013, March).

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Published

2014-12-03

How to Cite

Svrtinov, V. G., Dimitrova, J., Nikolovski, K., & Koleva, B. (2014). The Flow of Capital and the Eurozone Crisis. International Journal of Sciences: Basic and Applied Research (IJSBAR), 18(2), 188–197. Retrieved from https://gssrr.org/index.php/JournalOfBasicAndApplied/article/view/3130

Issue

Vol. 18 No. 2 (2014)

Section

Articles

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