期刊名称：BARATARIA. Revista Castellano-Manchega de Ciencias sociales
印刷版ISSN：1575-0825
电子版ISSN：2172-3184
出版年度：2011
期号：12
页码：15-36
语种：English
出版社：Asociación Castellano Manchega de Sociología
摘要：In this paper I analyze the second phase of the current financial crisis or the events that rocked the European economies in 2009-2010. These events were set off by Greece’s declaration in October 2009 that its deficit would be much higher than what had previously been announced; and it culminated in the May 2010 crisis, when EU put together a fund of a trillion dollar in order to calm the markets. The crisis is currently ongoing (and my paper takes it up till November 2010). The European sovereign debt crisis is primarily analyzed with the help of a sociological theory of confidence. The argument is (drawing on Bagehot) that financial crises may be unleashed by the sudden disclosure of hidden losses - in this case (as I document) the disclosure of Greece.
其他摘要：In this paper I analyze the second phase of the current financial crisis or the events that rocked the European economies in 2009-2010. These events were set off by Greece’s declaration in October 2009 that its deficit would be much higher than what had previously been announced; and it culminated in the May 2010 crisis, when EU put together a fund of a trillion dollar in order to calm the markets. The crisis is currently ongoing (and my paper takes it up till November 2010). The European sovereign debt crisis is primarily analyzed with the help of a sociological theory of confidence. The argument is (drawing on Bagehot) that financial crises may be unleashed by the sudden disclosure of hidden losses - in this case (as I document) the disclosure of Greece.
