The European Crisis in the Context of the History of Previous Financial Crises
---- Acknowledgments ----
Paper prepared for Bank of Greece Conference, May 23-25, 2013 The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
---- Disclosure of Financial Relationships for Harold James ----
This paper draws in part from conclusions of a study commissioned by the Bank for International Settlements and the European Central Bank and published as "Making the European Monetary Union" (Harvard University Press, 2012).