Financialization in the Eurozone - The After Party

Clemens Ørnstrup Etzerodt, Ulrich Haase Nielsen & Rasmus Hoff

Studenteropgave: Semesterprojekt

Abstrakt

The following paper examines how ‘financialization’ has evolved in the Eurozone. The first part is a literature review, which defines and operationalizes the concept. It is followed by a comparative analysis with the US establishing that financialisation has occurred in the Eurozone, in a different fashion on some indicators. We then analyse the impact in the Eurozone following the crisis. This section determines that financialisation has had consequences in terms of decreasing demand and increasing access to finance problems. The last chapter assesses the policy response in comparison to the US crisis. We find that the Eurozone has underperformed because of an insufficient regulatory framework. It is further discussed how Quantitative Easing, as used by the Fed in the US could be used in the Eurozone.

UddannelserForvaltning, (Bachelor/kandidatuddannelse) Bachelor el. kandidat
SprogEngelsk
Udgivelsesdato25 maj 2014
VejledereJon Kvist

Emneord

  • Financialization
  • Eurozone