Crisis in the European Monetary Union

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Release : 2017-12-22
Genre : Business & Economics
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Book Rating : 530/5 ( reviews)

Crisis in the European Monetary Union - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Crisis in the European Monetary Union write by Giuseppe Celi. This book was released on 2017-12-22. Crisis in the European Monetary Union available in PDF, EPUB and Kindle. After decades of economic integration and EU enlargement, the economic geography of Europe has shifted, with new peripheries emerging and the core showing signs of fragmentation. This book examines the paths of the core and peripheral countries, with a focus on their diverse productive capabilities and their interdependence. Crisis in the European Monetary Union: A Core-Periphery Perspective provides a new framework for analysing the economic crisis that has shaken the Eurozone countries. Its analysis goes beyond the short-term, to study the medium and long-term relations between ‘core’ countries (particularly Germany) and Southern European ‘peripheral’ countries. The authors argue that long-term sustainability means assigning the state a key role in guiding investment, which in turn implies industrial policies geared towards diversifying, innovating and strengthening the economic structures of peripheral countries to help them thrive. Offering a fresh angle on the European crisis, this volume will appeal to students, academics and policymakers interested in the past, present and future construction of Europe.

Making the European Monetary Union

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Release : 2012-11-19
Genre : Business & Economics
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Book Rating : 941/5 ( reviews)

Making the European Monetary Union - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Making the European Monetary Union write by Harold James. This book was released on 2012-11-19. Making the European Monetary Union available in PDF, EPUB and Kindle. Europe’s financial crisis cannot be blamed on the Euro, Harold James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to a series of problems that were debated but not resolved at the time of the Euro’s invention. Since the 1960s, Europeans had been looking for a way to address two conundrums simultaneously: the dollar’s privileged position in the international monetary system, and Germany’s persistent current account surpluses in Europe. The Euro was created under a politically independent central bank to meet the primary goal of price stability. But while the monetary side of union was clearly conceived, other prerequisites of stability were beyond the reach of technocratic central bankers. Issues such as fiscal rules and Europe-wide banking supervision and regulation were thoroughly discussed during planning in the late 1980s and 1990s, but remained in the hands of member states. That omission proved to be a cause of crisis decades later. Here is an account that helps readers understand the European monetary crisis in depth, by tracing behind-the-scenes negotiations using an array of sources unavailable until now, notably from the European Community’s Committee of Central Bank Governors and the Delors Committee of 1988–89, which set out the plan for how Europe could reach its goal of monetary union. As this foundational study makes clear, it was the constant friction between politicians and technocrats that shaped the Euro. And, Euro or no Euro, this clash will continue into the future.

The European Monetary Union After the Crisis

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Release : 2020-06-09
Genre : Business & Economics
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Book Rating : 548/5 ( reviews)

The European Monetary Union After the Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The European Monetary Union After the Crisis write by Nazaré da Costa Cabral. This book was released on 2020-06-09. The European Monetary Union After the Crisis available in PDF, EPUB and Kindle. This book provides a much-needed detailed analysis of the evolution of Europe over the last decade, as well as a discussion about the path of reform that has been trodden in the aftermath of the financial crisis. It offers a multidisciplinary view of the E(M)U and captures the main factors that induced the reform of the monetary union – a process that has not been linear and is far from being concluded. The author examines the policy responses designed throughout the development of the crisis and assesses the scale of the crisis in Europe, in comparison to other parts of the world, as well as its prolonged effects both in economic and financial terms. An update on the current ‘state of the art’ in the conception of risk-sharing mechanisms is provided. With its innovative approach, the book analyses the financing issues which need to be taken into consideration in the design of these instruments and highlights the main categories of governmental risk-sharing mechanisms – in particular, the ones to be used as ‘fiscal capacity’. This is a timely and topical book and will be of interest to a broad audience, including experts, scholars and students of European affairs, particularly those with economic, financial, legal and political science backgrounds.

The Euro and the Crisis

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Release : 2016-11-30
Genre : Business & Economics
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Book Rating : 101/5 ( reviews)

The Euro and the Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Euro and the Crisis write by Nazaré da Costa Cabral. This book was released on 2016-11-30. The Euro and the Crisis available in PDF, EPUB and Kindle. This book analyzes the effects of the recent crisis and evaluates potential solutions to the gridlock that is currently dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy. The timely study highlights the main challenges that European political leaders will face in the months to come. Furthermore, its interdisciplinary approach embraces economic, financial and legal perspectives, so as to ensure the global coherence and comprehensiveness of its content. The contributors to this volume are prominent experts from the areas of Economics, Finance, Law, and Political Science, offering readers a multifaceted view of the topics discussed.

The European Union in Crisis

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Release : 2014-10-21
Genre : Political Science
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Book Rating : 746/5 ( reviews)

The European Union in Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The European Union in Crisis write by Kyriakos N. Demetriou. This book was released on 2014-10-21. The European Union in Crisis available in PDF, EPUB and Kindle. This volume is a comprehensive and rigorous exploration of intertwined issues surrounding the EU's democracy and legitimacy, written in the turbulent context of the financial crisis. The chapters are woven together under four interconnected thematic sections that examine: rapidly growing national euroscepticism; the Economic Monetary Union and its legitimacy; the future of EU integration; and democratic deficit(s) across its internal & external structure. The volume presents an authoritative collection of research results and surveys by experts in various disciplines related to the EU, and is addressed to researchers and students examining EU governance, representation and accountability, as well as practitioners across a multiplicity of fields.