Managing Risks in the European Periphery Debt Crisis

Part I. Genesis of the Crisis, Use and Abuse of Economic Policies

1. The Genesis of the Eurozone Sovereign Debt Crisis
Philippe d’Arvisenet

2. The Trade-Off between Fiscal and Competitiveness Adjustments
Daniel Gros, Cinzia Alcidi

3. Ireland and Greece: A Tale of Two Fiscal Adjustments
Jeffrey D. Anderson, Jessica Stallings

4. Rating Agencies vs. Sovereign Debt Markets: A Tale of Interacting Risk Preferences
George Christodoulakis

5. The 2012 Greek Debt Restructuring and its Aftermath
Miranda Xafa

6. Economic Theories that Influenced the Judges of Karlsruhe
Paul Grauwe

7. Privatization of State Assets in the Presence of Crisis
George Christodoulakis

Part II. Crisis Resolution, Prospect and Retrospect

8. How to Manage Public Debts in the Euro Area?
Catherine Mathieu, Henri Sterdyniak

9. Fiscal Risk Sharing and Stabilization in the EMU
Kerstin Bernoth, Philipp Engler

10. Sovereign Debt and its Restructuring Framework in the Eurozone
Ashoka Mody

11. Funding Risks for Corporates in the Periphery: Disintermediation to the Rescue for the Larger Ones, Challenges for the Others
Blaise Ganguin

12. On Solving Europe’s Financial Issues to Promote Sustainable Growth
Adrian Blundell-Wignall, Caroline Roulet

13. European Banking Union as a Response to the Fragmentation of the Internal Market Resulting from the Financial and Sovereign Debt Crisis
Dimitris Tsibanoulis, Gerry Kounadis

Keywords: Finance, Risk Management, Investments and Securities, Banking, Macroeconomics/Monetary Economics//Financial Economics