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


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.)

Practice of Geriatrics, 4e
Practice of Geriatrics, 4e

The geriatric population is expected to double by 2020. The new fourth edition of Practice of Geriatrics will equip you with the knowledge you need to provide effective care for this growing patient population. With revised and up-to-date content throughout, this essential reference will keep you abreast of the latest clinical protocols and...

DevOps for Serverless Applications: Design, deploy, and monitor your serverless applications using DevOps practices
DevOps for Serverless Applications: Design, deploy, and monitor your serverless applications using DevOps practices

Set up complete CI and CD pipelines for your serverless applications using DevOps principles

Key Features

  • Understand various services for designing serverless architecture
  • Build CD pipelines using various cloud providers for your serverless applications
  • ...
Microsoft  Windows Server(TM) 2003 PKI and Certificate Security
Microsoft Windows Server(TM) 2003 PKI and Certificate Security
No need to buy or outsource costly PKI services when you can use the robust PKI and certificate-based security services already built into Microsoft Windows Server 2003! This in-depth reference teaches you how to design and implement even the most demanding certificate-based security solutions for wireless networking, smart card authentication,...

Lake and Sea Monsters (Mysteries, Legends, and Unexplained Phenomena)
Lake and Sea Monsters (Mysteries, Legends, and Unexplained Phenomena)
Did you ever have an experience that turned your whole world upside down? Maybe you saw a ghost or a UFO. Perhaps you had an unusual, vivid dream that seemed real. Maybe you suddenly knew that a certain event was going to happen in the future. Or, perhaps you saw a creature or a being that did not fi t the description of anything known in the...
You Can Program in C++: A Programmer's Introduction
You Can Program in C++: A Programmer's Introduction
This book is intended for a very different readership: you should already be comfortable with the
basics of programming. Exactly how you have acquired those basics will result in different expectations and
problems with learning C++. One of the delights of C++ is its ability to handle the programming paradigms
of most of the
Neural Systems for Control
Neural Systems for Control

Control problems offer an industrially important application and a guide to understanding control systems for those working in Neural Networks. Neural Systems for Control represents the most up-to-date developments in the rapidly growing aplication area of neural networks and focuses on research in natural and artifical neural systems...

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