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Books > Business & Economics > Economics > Financial crises & disasters
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After the Crisis - Reform, Recovery, and Growth in Europe (Hardcover)
Loot Price: R2,147
Discovery Miles 21 470
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After the Crisis - Reform, Recovery, and Growth in Europe (Hardcover)
Expected to ship within 10 - 15 working days
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After the Crisis reassesses the twin projects of structural reform
and European integration in the wake of the Great Recession and the
European Sovereign Debt Crisis. The introduction compares the
pre-crises debate to the current situation, and highlights a number
of ways in which both reform and further integration may have
become more difficult. Chapter 1 surveys the state of the
structural-reform agenda, its successes, failures, and priorities
for further action. The second chapter focuses on the fiscal-policy
response to the crisis and advocates a greater balance between
supply-side reforms and demand-side management. The third chapter
focuses on the asymmetric shocks across economies in the monetary
union, and discusses institutional mechanisms to reduce their
frequency and impact. Chapter 4 examines the cyclical behavior of
output and financial indicators, as well as the counter-cyclical
role of macro-financial policies, both at the national and the
European level. The fifth chapter studies changes in Europeans'
attitudes, showing how the recent crises have eroded public
confidence in European institutions. The sixth chapter tackles the
demographic challenges facing Europe, and particularly the way that
demographic change may impact the reform agenda. Chapter 7
highlights the under-appreciated extent to which 'Europe', taken as
a whole, is characterized by a substantial amount of inequality and
geographical income clustering, and the challenge this poses for
further integration.
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