The Financial Crisis and the European Network

Georges G. Gautherin, Roger Williams University

Abstract

The financial crisis between the years of 2007 and 2011 affected states everywhere both internally and in their interactions with one another. This essay seeks to focus upon European states and how they were able to recover from the financial crisis and how networking between and among the states evolved as a result of the economic crisis. The analysis for this essay will utilize a range of research materials to establish valid definitions for networking and economic interdependence in order to allow for a sound analysis of the networking between states during the 2007-2011 financial crisis. Due to the recent time period of the topic this essay will draw from both contemporary and older sources, including news articles, to aid in the analysis of the economic networks involving European states.