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Institutions in Crisis - European Perspectives on the Recession (Hardcover)
Loot Price: R3,014
Discovery Miles 30 140
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Institutions in Crisis - European Perspectives on the Recession (Hardcover)
Series: New Thinking in Political Economy series
Expected to ship within 12 - 17 working days
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This critical and thought-provoking book explores the causes and
consequences of Europe's failed political and economic
institutions. Europe's recession has created new challenges as
market turmoil has shaken the foundations of the twin pillars of
the new drive for European integration - political and monetary
unions. This book critically assesses the patchwork solutions
continually offered to hold the troubled unions together. Failed
political policies, from the prodigious 'Common Agricultural
Policy' to ever more common fiscal stimulus packages, are shown to
have bred less than stellar results in the past, and to have
devastating implications for future European growth. The
contributors outline the manner through which European monetary
union has subsidized and continues to exacerbate the burgeoning
debt crisis. Most strikingly, the interplay between Europe's
political and economic realms is exposed as the boondoggle it is,
with increasingly bureaucratic institutions plaguing the continent
and endangering future potential. Combining political and economic
analysis, this comprehensive book will prove essential for
researchers and students in international business and
macroeconomics. Educated laymen wanting a keener perspective on
Europe's recession will also find this book to be invaluable.
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