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The Economic Crisis and Governance in the European Union - A Critical Assessment (Hardcover, New)
Loot Price: R4,369
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The Economic Crisis and Governance in the European Union - A Critical Assessment (Hardcover, New)
Series: Routledge Studies in the European Economy
Expected to ship within 12 - 17 working days
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This book explores the way in which the financial crisis that began
in the US spread to the economy of the European Union. It takes a
critical look at the measures adopted by EU institutions in
response to that crisis, seeking to explain the rationale behind
them, their context, their development and why different exit
strategies were not adopted. In doing this, the book makes
comparisons with the measures adopted by institutions in the US and
the UK. As the crisis has shown that the financial supervision
frameworks prevailing in 2007 were not fully able to deal with the
largest financial crisis in history, this volume also reviews the
proposals that have been designed to reform the supervisory
architecture in financial services in the EU. The book concludes
that the EU member states under most pressure from financial
markets do suffer from intrinsic problems, but that the economic
effects of the crisis have been exacerbated by shortcomings in
economic governance within the EU. This work will be highly
relevant to policy makers and scholars looking at EU integration,
finance and market regulation.
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