The Euro and the Battle of Ideas - 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 Battle of Ideas write by Markus K. Brunnermeier. This book was released on 2018-09-18. The Euro and the Battle of Ideas available in PDF, EPUB and Kindle. How philosophical differences between Eurozone nations led to the Euro crisis—and where to go from here Why is Europe’s great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival. Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe’s future.
The Battle of Ideas on the Euro Crisis
The Battle of Ideas on the Euro 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 Battle of Ideas on the Euro Crisis write by Federico Maria Ferrara. This book was released on 2019. The Battle of Ideas on the Euro Crisis available in PDF, EPUB and Kindle. The European Central Bank (ECB) has often been portrayed as highly resistant to ideational change. This paper paints a different picture. A battle of ideas dominated the academic debate on the euro crisis: one view stressed crisis-stricken countries' fiscal laxity, whereas the other highlighted the systemic roots of financial turmoil. I argue that the failure of policy experiments inspired by the fiscal discipline view favoured the ECB's adoption of systemic risk ideas, which shaped its crisis response. Empirically, I use an innovative technique combining automated text classification and unsupervised scaling methods to detect ideational variation in ECB Executive Board members' public speeches. Results indicate that the ECB has progressively moved from a fiscal to a systemic narrative of the euro crisis. Significantly, this shift anticipated and accompanied the ECB's commitment to unlimited bond purchases in summer 2012. Evidence suggests that this ideational turn was incremental and driven by policy learning dynamics.
Europe's Orphan
Europe's Orphan - 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 Europe's Orphan write by Martin Sandbu. This book was released on 2015-09-29. Europe's Orphan available in PDF, EPUB and Kindle. A timely account of the Euro crisis that challenges our assumptions about debt and economic recovery Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe's Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro’s creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous—and risks sending the continent into further political paralysis and economic stagnation. Contending that the euro has been wrongfully scapegoated for the eurozone’s troubles, Europe’s Orphan charts what actually must be done for the continent to achieve an economic and political recovery.
The Euromissile Crisis and the End of the Cold War
The Euromissile Crisis and the End of the Cold War - 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 Euromissile Crisis and the End of the Cold War write by Leopoldo Nuti. This book was released on 2015. The Euromissile Crisis and the End of the Cold War available in PDF, EPUB and Kindle. In the late 1970s, new generations of nuclear delivery systems were proposed for deployment across Eastern and Western Europe. The ensuing controversy grew to become a key phase in the late Cold War. This book explores the origins, unfolding, and consequences of that crisis. Contributors from international relations, political science, sociology, and history draw on extensive research in a number of countries, often employing declassified documents from the West and from the newly opened state and party archives of many Soviet bloc countries. They cover especially Soviet-Warsaw Pact relations, U.S.-NATO relations, and the role of public opinion worldwide in relation to the crisis.
The Fall of the Celtic Tiger
The Fall of the Celtic Tiger - 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 Fall of the Celtic Tiger write by Donal Donovan. This book was released on 2013-06-06. The Fall of the Celtic Tiger available in PDF, EPUB and Kindle. Examines how the Celtic Tiger, an economy that was hailed as one of the most successful in history, fell into a macroeconomic abyss necessitating an unheard of bail-out. A highly-readable account of the unprecedented near collapse of the Irish economy, it covers property market bubbles, regulatory incompetency, and disastrous economic policies.
