Home | Amazing | Today | Tags | Publishers | Years | Account | Search 
Europe in Crisis: Bolt from the Blue?

Buy

This book analyzes the European Great Recession of 2008-12, its economic and social causes, its historical roots, and the policies adopted by the European Union to find a way out of it. It contains explicit debates with several economists and analysts on some of the most controversial questions about the causes of the crisis and the policies applied by the European Union.

It presents the cases of Iceland, Greece and Ireland, the countries that first declined into crisis in Europe, each of them in a different way. Iceland is a case study for reckless banking practices, Greece of reckless public spending, and Ireland of reckless household indebtedness. At least seven other countries, mostly from the peripheries of Europe, had similarly reckless banking and spending practices.

In the center of the book are the economic and social causes of the crisis. Contemporary advanced capitalism became financialized, de-industrialized and globalized and got rid of the "straitjacket" of regulations. Solid banking was replaced by high-risk, "casino-type" activity. The European common currency also had a structural problem — monetary unification without a federal state and fiscal unification. The other side of the same coin is European hyper-consumerism. A new lifestyle emerged during two super-prosperous periods in the 1950s to 1960s, and during the 1990s to 2006. Trying to find an exit policy, the European Union turned to strict austerity measures to curb the budget deficit and indebtedness. This book critically analyzes the debate around austerity policy.

The creation of important supra-national institutions, and of a financial supervisory authority and stability mechanisms, strengthens integration. The correction of the euro’s structural mistake by creating a quasi-fiscal unification is even more important. The introduction of mandatory fiscal rules and their supervision promises a long-term solution for a well-functioning common currency. These measures, meanwhile, create a two-tier European Union with a fast-track core. This book suggests that the European Union will emerge stronger from the crisis.

This book will be of particular interest to students and researchers of economics, history, political science and international finance, but will also prove profitable reading for practitioners and the interested public.

(HTML tags aren't allowed.)

My iPod touch
My iPod touch
Covers OS 3.0

 

Step-by-step instructions with callouts to iPod touch photos so that you can see exactly what to do.

Help when you run into iPod touch problems or limitations.

Tips and Notes to help you get the most from your iPod...

Mathematical Formulas for Industrial and Mechanical Engineering (Elsevier Insights)
Mathematical Formulas for Industrial and Mechanical Engineering (Elsevier Insights)

Mathematical Formulas For Industrial and Mechanical Engineering serves the needs of students and teachers as well as professional workers in engineering who use mathematics. The contents and size make it especially convenient and portable. The widespread availability and low price of scientific calculators have greatly reduced the need...

GlassFish Security
GlassFish Security

Security was, is, and will be one of the most important aspects of Enterprise Applications and one of the most challenging areas for architects, developers, and administrators. It is mandatory for Java EE application developers to secure their enterprise applications using Glassfish security features.

Learn to secure Java EE...


Programming Ruby: A Pragmatic Programmer's Guide
Programming Ruby: A Pragmatic Programmer's Guide
This book is a tutorial and reference for the Ruby programming language. Use Ruby, and you'll write better code, be more productive, and enjoy programming more.

These are bold claims, but we think that after reading this book you'll agree with them. And we have the experience to back up this belief.

As Pragmatic
...
Agile Processes in Software Engineering and Extreme Programming
Agile Processes in Software Engineering and Extreme Programming

This book contains the refereed proceedings of the 13th International Conference on Agile Software Development, XP 2012, held in Malmö, Sweden, in May 2011. In the last decade, we have seen agile and lean software development strongly influence the way software is developed. Agile and lean software development has moved from being a way...

The Business Case for Enterprise-Class Wireless LANs
The Business Case for Enterprise-Class Wireless LANs

A comprehensive guide to analyzing the business rationale for WLANs

  • Evaluate the business rationale behind the deployment of WLANs, including return on investment (ROI), net present value, payback period, and total cost of ownership

  • ...
©2020 LearnIT (support@pdfchm.net) - Privacy Policy