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Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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The European Monetary Union after the Crisis - From a Fiscal Union to a Fiscal Capacity (Paperback)
Loot Price: R1,299
Discovery Miles 12 990
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The European Monetary Union after the Crisis - From a Fiscal Union to a Fiscal Capacity (Paperback)
Series: Routledge Studies in the European Economy
Expected to ship within 12 - 17 working days
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This book provides a much-needed detailed analysis of the evolution
of Europe over the last decade, as well as a discussion about the
path of reform that has been trodden in the aftermath of the
financial crisis. It offers a multidisciplinary view of the E(M)U
and captures the main factors that induced the reform of the
monetary union - a process that has not been linear and is far from
being concluded. The author examines the policy responses designed
throughout the development of the crisis and assesses the scale of
the crisis in Europe, in comparison to other parts of the world, as
well as its prolonged effects both in economic and financial terms.
An update on the current 'state of the art' in the conception of
risk-sharing mechanisms is provided. With its innovative approach,
the book analyses the financing issues which need to be taken into
consideration in the design of these instruments and highlights the
main categories of governmental risk-sharing mechanisms - in
particular, the ones to be used as 'fiscal capacity'. This is a
timely and topical book and will be of interest to a broad
audience, including experts, scholars and students of European
affairs, particularly those with economic, financial, legal and
political science backgrounds.
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