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This book explores the way in which the financial crisis that began in the USA spread to the economy of the European Union. It takes a critical look at the measures adopted by EU institutions in response to that crisis, seeking to explain the rationale behind them, their context, their development and why different exit strategies were not adopted.
Javier Bilbao-Ubillos is Senior Lecturer in the Department of Applied Economics at the University of the Basque Country, Spain.
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