cam a22 2 b4500 530128063 CHVBK 20201027044041.0 m d cr |n |||||||| 130723e20111101dcu s|||| 0 |eng|d 978-1-4639-2521-5 1-4639-2521-2 (Trade Paper) : USD 18.00 Retail Price (Publisher) (SERSOL)ssj0001177907 (WaSeSS)ssj0001177907 BIP US WaSeSS Sandri Damiano Author The Eurozone Crisis [Elektronische Daten] How Banks and Sovereigns Came to Be Joined at the Hip Washington International Monetary Fund Nov. 2011 1 online resource (67 p.) Free full text available for some or all content. Article availability is subject to change without notice, according to publisher decision. Die Verfügbarkeit der Online-Ressourcen ist Entscheidung des Verlags oder des Urhebers und kann ohne vorherige Ankündigung geändert werden. Annotation We use the rise and dispersion of sovereign spreads to tell the story of the emergence and escalation of financial tensions within the eurozone. This process evolved through three stages. Following the onset of the Subprime crisis in July 2007, spreads rose but mainly due to common global factors. the rescue of Bear Stearns in March 2008 marked the start of a distinctively European banking crisis. During this key phase, sovereign spreads tended to rise with the growing demand for support by weakening domestic financial sectors, especially in countries with lower growth prospects and higher debt burdens. As the constraint of continued fiscal commitments became clearer, and coinciding with the nationalization of Anglo Irish in January 2009, the separation between the sovereign and the financial sector disappeared. Mody Ashoka Author http://elibrary.imf.org/view/IMF001/12302-9781463925215/12302-9781463925215/12302-9781463925215.xml Volltext frei zugänglich BK020053 XK020053 XK020000 IMF E-Library E-Books von 360MarcUpdates IDSBB FREE FREE OL NELFREE2004 IDSBB 100 1- Sandri Damiano Author IDSBB 700 1- Mody Ashoka Author IDSBB 856 40 http://elibrary.imf.org/view/IMF001/12302-9781463925215/12302-9781463925215/12302-9781463925215.xml Volltext frei zugänglich