Abstract
The financial crisis in Europe has led to a sharp increase in the levels of both sovereign risk and banking risk. The high correlation between sovereign risk and banking risk has produced a negative effect on the general economic system in terms of (i) lower public expenditure, (ii) less credit to corporate s and SMEs and (iii) reduced private and public investment.
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© 2014 Maura Campra, Gianluca Oricchio, Eugenio Mario Braja and Paolo Esposito
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Campra, M., Oricchio, G., Braja, E.M., Esposito, P. (2014). Introduction. In: Sovereign Risk and Public-Private Partnership During the Euro Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9781137390813_1
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DOI: https://doi.org/10.1057/9781137390813_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-48273-3
Online ISBN: 978-1-137-39081-3
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