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Power Politics, Banking Union and EMU - Adjusting Europe to Germany (Hardcover)
Loot Price: R3,984
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Power Politics, Banking Union and EMU - Adjusting Europe to Germany (Hardcover)
Series: Routledge/UACES Contemporary European Studies
Expected to ship within 12 - 17 working days
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This book examines the politics of Banking Union and EMU reform in
the EU, and draws lessons for what it means for international
politics, both in Europe, and for international relations more
broadly. It demonstrates that most of the reforms in Europe to
break free of the Eurozone and banking crises in which Europe
continues to find itself focus on building up the capacities of
national authorities rather than European ones. The result is that
national authorities remain largely in control of the decisions and
funds that are to be deployed to prevent economic disaster if a
single EU bank fails. The likely outcome is an accelerated
balkanization of the European market for the foreseeable future.
The book also contends that power politics, and realism in
particular, is a defining feature of European politics with
coercion and enforced national responsibility at the demand of
Germany; the dominant form of institution-building that established
the responsible sovereignty model, and shut down the possibility of
alternatives. In making this case, the book demonstrates that the
dominant view in international relations, that power politics best
explains the behaviour of states, also apply to the EU. This text
will be of key interest to scholars and students of the Eurozone
crisis, EU politics, economic policy, and more broadly to political
economy, public policy and international relations.
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