The Causes Of Euro Instability
DOWNLOAD
Download The Causes Of Euro Instability PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Causes Of Euro Instability book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
The Causes Of Euro Instability
DOWNLOAD
Author : Philip Arestis
language : en
Publisher:
Release Date : 2001
The Causes Of Euro Instability written by Philip Arestis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
The Pursuit Of Stability Of The Euro Area As A Whole
DOWNLOAD
Author : Luca Lionello
language : en
Publisher: Springer Nature
Release Date : 2019-10-14
The Pursuit Of Stability Of The Euro Area As A Whole written by Luca Lionello and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-14 with Law categories.
This book analyses the ongoing reform of the European economic union in the light of the new objective of ‘stability of the euro area as a whole’ in Article 136(3) TFEU. On the basis of the relevant legal sources, it qualifies this objective as the obligation to preserve the existence of the monetary union, the establishment of which was an EU goal laid down in Article 3(4) TEU. While to date the objective has been achieved through fiscal and macroeconomic consolidation in the member states and the activation of stabilisation mechanisms in cases of emergency, the book argues that full stability requires a better system of economic governance, either through a process of partial fiscal centralisation or the return to a more efficient and sustainable market discipline of public finances. It also analyses the concrete legal challenges these raise, including compliance with the conferral principle, the longstanding democratic deficit of the governance and the balance between financial solidarity and fiscal responsibility.
Euro What Is It And How Does It Work
DOWNLOAD
Author : Stefano Calicchio
language : en
Publisher: Stefano Calicchio
Release Date : 2021-03-19
Euro What Is It And How Does It Work written by Stefano Calicchio and has been published by Stefano Calicchio this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-19 with Business & Economics categories.
Why was the euro created and how does it work? What caused the difficulties of the European currency and what solutions are being adopted to stop the instability that is frightening the entire financial world? The dream of a single currency and a single market has been nurtured in Europe for many generations. The euro has brought Europe considerable advantages, but it has also profoundly changed the balance of European economies. In this essay we will start from the base, explaining what the Euro is and what are the causes that have put it in crisis. We will see what strategies have been adopted to overcome the most difficult and dramatic moments experienced by the economy since the birth of the euro, and we will explain what proposals and initiatives individual countries have put forward to remedy the difficult situation and to relaunch the role of the euro on the continent and in the world.
The Euro Crisis And Constitutional Pluralism
DOWNLOAD
Author : Tomi Tuominen
language : en
Publisher: Edward Elgar Publishing
Release Date : 2021-06-25
The Euro Crisis And Constitutional Pluralism written by Tomi Tuominen and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-25 with Law categories.
This insightful book assesses the theory of constitutional pluralism in light of the events of the Eurozone crisis of the past decade. Based on an analysis of how national courts reviewed the crisis response mechanisms and participated in the European-level political process, Tomi Tuominen argues that constitutional pluralism is not a valid normative theory of European constitutionalism.
A Global Perspective On The European Economic Crisis
DOWNLOAD
Author : Bruno Dallago
language : en
Publisher: Routledge
Release Date : 2018-10-24
A Global Perspective On The European Economic Crisis written by Bruno Dallago and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-24 with Business & Economics categories.
The financial and economic crisis in Europe is not over, and the radically opposing strategies on how to proceed has only increased the complexity of problems in the region, revealing the shortcomings of the EU’s architecture. The European Union, perhaps for the first time in its history of more than seventy years, is being perceived as a threat to the financial and monetary stability of the world. A Global Perspective on the European Economic Crisis explores the connection between internal EU actions and institutions and the external factors that influence the ongoing response to the European crisis. With a unique collection of international and interdisciplinary essays, this book considers the complex macroeconomic and challenging political landscape of Europe, looking at how and why the European Union is untenable in its current state. The chapters outline what should be done to make the common currency area more resilient, and explain why external events are particularly problematic for the EU, ultimately offering suggestions for what Europeans should do in order to avoid harmful internal consequences. This volume confronts the causes of the crisis’ persistence, its economic and political consequences, and the impact of more recent events and policy decisions. It will be of interest to researchers and policy-makers keen to understand the EU relations and the influence of international organizations in the European economic crisis.
The Euro Crisis Causes And Consequences Of The Greek Debt Crisis On The Euro Zone
DOWNLOAD
Author : Inga Rathje
language : en
Publisher: GRIN Verlag
Release Date : 2019-12-24
The Euro Crisis Causes And Consequences Of The Greek Debt Crisis On The Euro Zone written by Inga Rathje and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-24 with Business & Economics categories.
Seminar paper from the year 2018 in the subject Economics - Finance, grade: 1,3, University of Applied Sciences Essen, language: English, abstract: In this paper, these effects as well as the connection between the Greek crisis and the euro crisis are examined. To begin with, an insight into the causes of the debt crisis in Greece and how the crisis has spread to the eurozone. This will be followed by the euro crisis in general and its other causes. The fifth chapter deals with measures and solutions for Greece as well as the entire euro zone. This work finishes with a conclusion on the topics mentioned. In recent years, the news and media have dealt extensively with the “euro crisis”. For this reason, it should be a common term for any European. The euro crisis isn’t about the euro, but about a currency, bank, economic crisis and about state debts. Because of the different opinions about the crisis’ causes, this topic is a very controversial one. It is common that the global financial crisis, which resulted from the Lehmann bankruptcy in 2008, is being considered responsible for the euro crisis. However, the global financial crisis wasn’t accountable. There are other reasons for the outbreak of the euro crisis, such as the existing weaknesses of a system, which was already missing in structure, or America’s financial crisis. Not to forget, however, is the “Greek crisis” and its impact on the euro zone.
From Convergence To Crisis
DOWNLOAD
Author : Alison Johnston
language : en
Publisher: Cornell University Press
Release Date : 2016-06-16
From Convergence To Crisis written by Alison Johnston and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-16 with Political Science categories.
What explains Eurozone member-states’ divergent exposure to Europe’s sovereign debt crisis? Deviating from current fiscal and financial views, From Convergence to Crisis focuses on labor markets in a narrative that distinguishes the winners from the losers in the euro crisis. Alison Johnston argues that Europe’s monetary union was structured in a way that advantaged the corporatist labor markets of its northern economies in external trade and financial lending. Northern Europe’s distinct economic advantage lay not with its fiscal capabilities, which were not that different from those of southern Eurozone countries, but with its wage-setting institutions. Through highly coordinated collective bargaining, the euro North persistently undercut the inflation performance of southern trading partners, destining them to a perpetual cycle of competitive decline and external borrowing. While northern Europe’s corporatist labor markets were always low inflation performers, monetary union ultimately made their wage-setting institutions toxic for the South. The euro’s institutional predecessor, the European Monetary System, included economic and institutional mechanisms that facilitated macroeconomic adjustment and convergence between the common currency’s corporatist and noncorporatist economies. Combining cross-national statistical analysis with detailed qualitative case studies of Denmark, Germany, Italy, Ireland, the Netherlands, and Spain, Johnston reveals that monetary union’s removal of these mechanisms allowed external imbalances between these two blocs to grow unchecked, underpinning the crisis in which Europe currently finds itself. Rather than achieving the EU’s goal of an ever-closer union, the common currency produced a monetary environment that destabilized the economic integration of its diverse labor markets.
Crisis In The Eurozone
DOWNLOAD
Author : M. Baimbridge
language : en
Publisher: Springer
Release Date : 2014-12-04
Crisis In The Eurozone written by M. Baimbridge and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-04 with Business & Economics categories.
This book explores the background of the eurozone crisis, outlining a number of potential solutions. It attempts to discover if the problems could have been anticipated, and examines how well have the fiscal EMU rules been adhered to and how appropriate they are.
The Eurozone Crisis
DOWNLOAD
Author : Richard E. Baldwin
language : en
Publisher:
Release Date : 2015
The Eurozone Crisis written by Richard E. Baldwin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Managing International Financial Instability
DOWNLOAD
Author : Fabrizio Saccomanni
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
Managing International Financial Instability written by Fabrizio Saccomanni and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Business & Economics categories.
This book is a masterpiece. It combines a clear historical analysis of issues and causes of past international instability with a contemporary discussion of how to avoid future occurrences. It is a very informative book that caters to the need of the savvy and the uninformed. It reviews in a rigorous manner the core obstacles to achieving a durable global financial stability. The presentation is clear, simple and well organised. . . Saccomanni demonstrated a great understanding of monetary and financial matters. The book could not have been better timed given the deepening recession caused by the global financial meltdown. I am very delighted to recommend it. Chika B. Onwuekwe, Journal of International Banking Law and Regulation . . . the timing of this publication could not have been better, Fabrizio Saccomanni provides the reader with a well-written analytical and historical survey of the causes and consequences of international financial crisis and possible solutions. . . the book is enjoyable, compendious and concise. . . the book is worth reading by anyone who is interested in understanding the global financial system and is looking for a critical appraisal of its performance. In particular, students and academics of international economics can get a good overview on the issue of international financial stability, since the book bridges the gap between theoretical models and practical policy implications. . . Saccomanni s book is a well-written and valuable contribution to the debate as already said before the timing of its publication could hardly be better. Ralf Fendel, Journal of Economics and Statistics Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price bubbles are linked, in this book, to the shortcomings of the global financial system which tends to generate cycles of boom and bust in credit flows. These cycles are set in motion by the monetary impulses of major industrial countries and are amplified and propagated through the operation of global financial markets. Fabrizio Saccomanni argues that to counter such systemic instability requires that national authorities give adequate weight to financial stability objectives when formulating their monetary and regulatory policies. He maintains that appropriate multilateral strategies to deal with unsustainable trends in credit aggregates and asset prices should be devised in the International Monetary Fund in the context of a strengthened framework to deal with global payments imbalances and exchange rate misalignments. Providing a comprehensive historical and analytical survey of the causes, consequences and possible cures of international financial instability, this book will be of great interest to students and academics of international economics and finance. It will also appeal to financial market participants and analysts, government officials and central bankers as a comprehensive survey of the relevant academic literature and of the state of the policy debate.