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dc.contributor.advisorΣιώκης, Φώτιοςel
dc.contributor.advisorSiokis, Fotiosen
dc.contributor.authorΚωνσταντινίδου, Κασσιανήel
dc.contributor.authorKonstantinidou, Kassianien
dc.descriptionΔιπλωματική εργασία--Πανεπιστήμιο Μακεδονίας, Θεσσαλονίκη, 2012.el
dc.description.abstractIt is an undeniable fact that financial crises do not constitute a new “phenomenon”. In contrast, they exist since the development of money and financial markets. In addition, the historical frequency of banking crises is similar in high- and middle-to-low- income countries, with quantitative and qualitative parallels during the run-ups and the post-crisis period. Undoubtedly, banking crises strongly weaken fiscal positions in both groups, with government revenues invariably contracting, and fiscal expenditures often expanding sharply. In the last twenty years Spain has experienced a period of rapid growth followed by a very deep crisis. Until 2007, it was named ‘the Spanish economic miracle’ and now it is the country with the highest unemployment rate in the EU which has to deal with innumerable difficulties. The present economic crisis has brought severe problems to the economy and society of the country which are proving to be intractable. Spain has become a very relevant part of the European periphery and its debt problems, especially external debt, is considered as a key element for today’s policies. All this process has been developed around, and cannot be dettached from, Spain’s integration to the European Union and the Eurozone. So, the purpose of this essay is to put emphasis on the Spanish economic and financial crisis as a consequence of the subprime mortgage defaults in the United States (which will be elaborated in detail), as well as on the factors that characterize the crises-periods and their aftermath. The structure and the analysis of this essay is based especially on a comparative research which was carried out by Carmen M. Reinhart and Kenneth S. Rogoff, as well as on various scientific articles and books.en
dc.format.extent2271875 bytes-
dc.publisherΠανεπιστήμιο Μακεδονίας Οικονομικών και Κοινωνικών Επιστημώνel
dc.subjectSpanish banking crisisen
dc.titleThe Spanish economic and banking crisis under the spectrum of the U.S subprime meltdown and the second great contraction - This time was not different.en
dc.typeElectronic Thesis or Dissertationen
dc.contributor.departmentΠρόγραμμα Μεταπτυχιακών Σπουδών στις Πολιτικές και Οικονομικές Σπουδές Σύγχρονης Ανατολικής και Νοτιοανατολικής Ευρώπηςel
Appears in Collections:ΠΜΣ Πολιτικές & Οικονομικές Σπουδές Σύγχρονης Ανατολικής & Νοτιοανατολικής Ευρώπης (M)

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