The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/1822/46774 |
Resumo: | This paper seeks to shed some light on the different stages of what ended up being a deep euro debt crisis of unforeseen proportions and the attempts of responses designed to address it in the context of an EU, unprepared to face its outcomes and implications. Our starting point is a quick overview of the historical, institutional and legal pathway that led to the set-up of the EMU, seeking to provide a better understanding of the backdrop for the on-going euro crisis and the several legal instruments put forward within and alongside the EMU framework to tackle it. Particular attention is given to the functions and goals originally attributed to the ECB and to some of the controversial steps this institution decided to take in order to address the debt crisis at its different stages. Finally, some lines of reflexion are proposed in light of the future challenges that we consider that an EMU in mutation inevitably entails. |
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The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutationEuro debt crisisEconomic and monetary unionEuropean central bankEuroCiências Sociais::DireitoThis paper seeks to shed some light on the different stages of what ended up being a deep euro debt crisis of unforeseen proportions and the attempts of responses designed to address it in the context of an EU, unprepared to face its outcomes and implications. Our starting point is a quick overview of the historical, institutional and legal pathway that led to the set-up of the EMU, seeking to provide a better understanding of the backdrop for the on-going euro crisis and the several legal instruments put forward within and alongside the EMU framework to tackle it. Particular attention is given to the functions and goals originally attributed to the ECB and to some of the controversial steps this institution decided to take in order to address the debt crisis at its different stages. Finally, some lines of reflexion are proposed in light of the future challenges that we consider that an EMU in mutation inevitably entails.info:eu-repo/semantics/publishedVersionUniversidade do Minho. Centro de Estudos em Direito da União Europeia (CEDU)Universidade do MinhoCarmo, Rui do2015-072015-07-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/46774eng2183-3435http://www.unio.cedu.direito.uminho.pt/Uploads/UNIO%201/The%20early%20days%20of%20the%20euro%20debt%20crisis%20revisited_UNIO.pdfinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:14:12Zoai:repositorium.sdum.uminho.pt:1822/46774Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:06:27.029365Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation |
title |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation |
spellingShingle |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation Carmo, Rui do Euro debt crisis Economic and monetary union European central bank Euro Ciências Sociais::Direito |
title_short |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation |
title_full |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation |
title_fullStr |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation |
title_full_unstemmed |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation |
title_sort |
The early days of the Euro debt crisis revisited: historical, legal and institutional overview of the role of the ECB in the context of an economic and monetary union in mutation |
author |
Carmo, Rui do |
author_facet |
Carmo, Rui do |
author_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Carmo, Rui do |
dc.subject.por.fl_str_mv |
Euro debt crisis Economic and monetary union European central bank Euro Ciências Sociais::Direito |
topic |
Euro debt crisis Economic and monetary union European central bank Euro Ciências Sociais::Direito |
description |
This paper seeks to shed some light on the different stages of what ended up being a deep euro debt crisis of unforeseen proportions and the attempts of responses designed to address it in the context of an EU, unprepared to face its outcomes and implications. Our starting point is a quick overview of the historical, institutional and legal pathway that led to the set-up of the EMU, seeking to provide a better understanding of the backdrop for the on-going euro crisis and the several legal instruments put forward within and alongside the EMU framework to tackle it. Particular attention is given to the functions and goals originally attributed to the ECB and to some of the controversial steps this institution decided to take in order to address the debt crisis at its different stages. Finally, some lines of reflexion are proposed in light of the future challenges that we consider that an EMU in mutation inevitably entails. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015-07 2015-07-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/1822/46774 |
url |
http://hdl.handle.net/1822/46774 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
2183-3435 http://www.unio.cedu.direito.uminho.pt/Uploads/UNIO%201/The%20early%20days%20of%20the%20euro%20debt%20crisis%20revisited_UNIO.pdf |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade do Minho. Centro de Estudos em Direito da União Europeia (CEDU) |
publisher.none.fl_str_mv |
Universidade do Minho. Centro de Estudos em Direito da União Europeia (CEDU) |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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