A crise da Dívida Soberana Européia

Abstract

Economic crises are real and characteristics of the capitalist system. This project is a case study, bringing out a discussion about the crisis of the "European Sovereign Debt" in mid 2009 to 2013, with its main causes and effects. A striking factor was its global spread and its direct relationship with the US crisis, where many authors state treat the same attack. So, looking at the history of the European Union, its treaties and the creation of the euro, "the euro bubble", the interrelationship of the US crisis with European, the process of globalization of finance, the onslaught of private agents, government interventions and the atmosphere of distrust of agents, showed a weakened Europe and the nations like Greece, Ireland, Portugal, Spain and Italy, the weak link. The approach of theoretical models of historical nature, with some pathologies present in financial crises, and to intensify the analysis of Financial Instability Hypothesis, were fundamental theoretical foundation for this study. Although, not least, the various authors supporters of Keynesian schools, Marxist, Austrian, among others, with its scientific production about the European crisis was a key contributor. The methodology used was the qualitative type of exploratory research in case study. The results gave validity to the theoretical models used in line with the historical facts, incidents and phenomena with the graphics, which provided a visual representation of the reality of GDP, the unemployment rate and the degree of indebtedness of some countries during the period analysis.