Europian Dept Crises Essay

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ADBI Working Paper Series Europe’s Debt Crisis, Coordination Failure, and International Effects Stefan Collignon No. 370 July2012 Asian Development Bank Institute Stefan Collignon is a professor for economic policy, Sant’Anna School of Advanced Studies, Pisa, Italy. An earlier version of this paper was presented at the Asian Development Bank Institute (ADBI) Annual Conference on Reform of the International Monetary System held in Tokyo on 2 December 2011. The views expressed in this paper are the views of the author and do not necessarily reflect the views or policies of ADBI, the ADB, its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms. The Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI’s working papers reflect initial ideas on a topic and are posted online for discussion. ADBI encourages readers to post their comments on the main page for each working paper (given in the citation below). Some working papers may develop into other forms of publication. Suggested citation: Collignon, S. 2012.Europe’s Debt Crisis, Coordination Failure, and International Effects.ADBI Working Paper 370.Tokyo: Asian Development Bank Institute. Available: Please contact the author for information about this paper. Asian Development Bank Institute Kasumigaseki Building 8F 3-2-5 Kasumigaseki, Chiyoda-ku Tokyo 100-6008, Japan Tel: Fax: URL: E-mail: +81-3-3593-5500 +81-3-3593-5571 © 2012 Asian Development

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