This unique and fascinating book illustrates that the 'credit
crunch' and the ensuing financial and economic crisis of 2007-2009
did not only strike hard at the economy in the Western world, but
also at its policymakers, at economics as a scientific discipline
and, more specifically, at the process of European integration
itself. In a series of theoretical and empirical papers, the expert
contributors discuss the impact of the financial crisis on European
integration in detail, considering issues including governance,
sovereign debt crises, global economic imbalances, and post-crisis
perspectives from Central and East European countries. The
conclusion is that there is an urgent need for political
integration in Europe as a necessary tool to facilitate economic
integration. This book will prove invaluable to both academics and
practitioners with a special interest in the economics of European
integration, international financial markets, economics and
international business. Contributors include: F.C. Bagliano, H.
Berger, N.D. Coniglio, P. De Grauwe, S. Dumitrescu, M. Heipertz, A.
Horobet, D. Ioannou, A.M. Lejour, J. Lewis, J. Lukkezen, K.-S. Lee,
C. Morana, V. Nitsch, M. Pirovano, F. Prota, Z. Qian, S. Sarisoy
Guerin, A. Van Poeck, J. Vanneste, P. Veenendaal
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