The Year the European Crisis Ended (Hardcover)

The European crisis came to an end when first political leaders and then the European Central Bank promised to do whatever it takes to safeguard the euro. Specifically they committed to create a European banking union and to buy unlimited amounts of sovereign debt in distressed markets for governments that made a binding commitment to reform. Markets were initially sceptical and yet ultimately persuaded by the commitment of European elites. Events in Italy and Cyprus threatened to return Europe to crisis and yet were ultimately managed without major turmoil. Somehow along the way, however, the desire of European elites to do whatever is necessary began to waver and their commitment to banking union diminished. The European crisis has ended but Europe is not yet resilient enough to ensure that it will not recur.

General

Imprint:	Palgrave Pivot
Country of origin:	United Kingdom
Series:	Global Reordering
Release date:	May 2014
First published:	May 2014
Authors:	E Jones
Dimensions:	216 x 140 x 13mm (L x W x T)
Format:	Hardcover
Pages:	129
ISBN-13:	978-1-137-45110-1
Categories:	Books > Business & Economics > Economics > Political economy Books > Business & Economics > Economics > Macroeconomics > General Books > Business & Economics > Economics > International economics > General Books > Social sciences > Politics & government > International relations > International institutions > EU & European institutions
LSN:	1-137-45110-6
Barcode:	9781137451101

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