How To Fix The Euro

Author: Stephen Pickford
Publisher: Chatham House
ISBN: 9781784130138
Size: 67.93 MB
Format: PDF
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How To Fix The Euro from the Author: Stephen Pickford. The global economic and financial crisis that started in 2007 exposed serious flaws in the euro's original design. This report examines why Europe's economic and monetary union was so badly affected by the crisis, and assesses whether further changes need to be made to the structure of economic governance that underpins it. A Chatham House, Elcano and AREL Report

The Euro

Author: Joseph E. Stiglitz
Publisher: W. W. Norton
ISBN: 9780393354102
Size: 70.61 MB
Format: PDF, Mobi
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The Euro from the Author: Joseph E. Stiglitz. The Nobel Prize winning economist and best-selling author explains why saving Europe may mean abandoning the euro."

Unhappy Union

Author: John Peet
Publisher: The Economist
ISBN: 161039450X
Size: 37.67 MB
Format: PDF, Kindle
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Unhappy Union from the Author: John Peet. The euro was supposed to create an unbreakable bond between the nations and people of Europe. But when the debt crisis struck, the flaws of the half-built currency brought the European Union close to breaking point after decades of post-war integration. Deep fault-lines have opened up between European institutions and the nation-states—and often between the rulers and the ruled—raising profound questions about Europe's democratic deficit. Belief in European institutions and national governments alike is waning, while radicals on both the left and the right are gaining power and influence. Europe's leaders have so far proved the doomsayers wrong and prevented the currency from breaking up. "If the euro fails, Europe fails," says Angela Merkel. Yet the euro, and the European project as a whole, is far from safe. If it is to survive and thrive, leaders will finally have to confront difficult decisions. How much national sovereignty are they willing to give up to create a more lasting and credible currency? How much of the debt burden and banking risk will they share? Is Britain prepared to walk away from the EU? And will other countries follow? In Unhappy Union, The Economist's Europe editor and Brussels correspondent provide an astute analysis of the crisis. They describe America's behind-the-scenes lobbying to salvage the euro, economists' bitter debates over austerity, the unseen maneuvers of the European Central Bank and the tortuous negotiations over banking union. In the final chapter, they set out the stark choices confronting Europe's leaders and citizens.

The Euro And The Battle Of Ideas

Author: Markus K. Brunnermeier
Publisher: Princeton University Press
ISBN: 1400883334
Size: 42.35 MB
Format: PDF, ePub, Docs
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The Euro And The Battle Of Ideas from the Author: Markus K. Brunnermeier. Why is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival. As the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments. The authors discuss how the troubles faced by the Euro have led its member states to focus on national, as opposed to collective, responses, a reaction explained by the resurgence of the battle of economic ideas: rules vs. discretion, liability vs. solidarity, solvency vs. liquidity, austerity vs. stimulus. Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe’s future.

Too Big To Save How To Fix The U S Financial System

Author: Robert Pozen
Publisher: John Wiley and Sons
ISBN: 9780470572979
Size: 32.92 MB
Format: PDF
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Too Big To Save How To Fix The U S Financial System from the Author: Robert Pozen. Industry luminary Robert Pozen offers his insights on the future of U.S. finance The recent credit crisis and the resulting bailout program are unprecedented events in the financial industry. While it's important to understand what got us here, it's even more important to consider how we should get out. While there is little question that immediate action was required to stabilize the situation, it is now time to look for a long-term plan to reform the United States financial industry. That is where Bob Pozen comes in. Perhaps more than anyone in the industry, Pozen commands the respect and attention of the public and private sector. In this timely guide, he outlines his vision for the new financial future and provides actionable advice along the way. To Pozen, there are four high-priority problems that must be addressed, and this book puts them in perspective Analyzes alternative models for government stakes in banks Recommends a new board structure for large financial institutions Examines the importance of broader Fed jurisdiction over systemic risks Proposes a way to revive the securitization of loans With Too Big to Save, you'll learn the likely future of the finance industry and understand why changes have to be made.

What S Wrong With The Europe Union And How To Fix It

Author: Simon Hix
Publisher: John Wiley & Sons
ISBN: 0745658377
Size: 65.27 MB
Format: PDF, Kindle
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What S Wrong With The Europe Union And How To Fix It from the Author: Simon Hix. The European Union seems incapable of undertaking economic reforms and defining its place in the world. Public apathy towards the EU is also increasing, as citizens feel isolated from the institutions in Brussels and see no way to influence European level decisions. Taking a diagnosis and cure approach to the EU’s difficulties, Simon Hix tackles these problems with distinct clarity and open-mindedness. What the EU needs, Hix contends, is more open political competition. This would promote policy innovation, foster coalitions across the institutions, provide incentives for the media to cover developments in Brussels, and enable citizens to identify who governs in the EU and to take sides in policy debates. The EU is ready for this new challenge. The institutional reforms since the 1980s have transformed the EU into a more competitive polity, and political battles and coalitions are developing inside and between the European Parliament, the Council, and the Commission. This emerging politics should be more central to the Brussels policy process, with clearer coalitions and identifiable winners and losers, at least in the short term. The risks are low because the EU has multiple checks-and-balances. Yet, the potential benefits are high, as more open politics could enable the EU to overcome policy gridlock, rebuild public support, and reduce the democratic deficit. This indispensable book will be of great interest to students of the European politics, scholars, policy makers and anyone concerned with the future of the European Union.

The Incomplete Currency

Author: Marcello Minenna
Publisher: John Wiley & Sons
ISBN: 1119019095
Size: 45.22 MB
Format: PDF, Docs
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The Incomplete Currency from the Author: Marcello Minenna. "The Incomplete Currency explains the reasons that are at the root of the current unsolved Euro zone crisis: The architecture of the Euro, the relationship between finance and the real economy, the functioning of the Eurosystem and how the unique currency has changed EU countries' economies are all topics analysed and illustrated in an elementary yet rigorous way, making extensive use of examples, tables, and numerous coloured graphics. Datasets and their statistical elaborations support the arguments illustrated throughout the book. Facts, not theories, matter: every assumption and statement is justified with strong evidence and data. In a macroeconomic context where the monetary policy is the prerogative of the European Central Bank and fiscal policy. Hopeless austerity works against the economic recovery of the Euro Zone countries, a positive attitude is difficult but necessary. Therefore, from the perspectives of solutions available to restore the unique interest rate curve, the reader is guided through a reasoned journey that carefully considers the pros and the cons of each possible solution and its implications"--

Greece S Odious Debt

Author: Jason Manolopoulos
Publisher: Anthem Press
ISBN: 0857287710
Size: 54.62 MB
Format: PDF, ePub
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Greece S Odious Debt from the Author: Jason Manolopoulos. Jason Manolopoulos lends a unique perspective, based on experience of the global financial system, emerging markets and crises, European politics and Greek society, to demonstrate how one of the EU’s smaller countries played a catalytic role in a crisis that threatens the future of the euro, and possibly even of the European Union itself. He digs beneath the headline economic data to explore the historical legacy and psychological biases that have shaped an ongoing political drama, in a book that has profound implications for our understanding of economics, as well as the policy choices for Europe’s elite. For more information please visit the book website: http://greecesodiousdebt.anthempressblog.com/

The Euro And The Crisis

Author: Nazaré da Costa Cabral
Publisher: Springer
ISBN: 3319457101
Size: 44.45 MB
Format: PDF, ePub, Mobi
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The Euro And The Crisis from the Author: Nazaré da Costa Cabral. This book analyzes the effects of the recent crisis and evaluates potential solutions to the gridlock that is currently dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy. The timely study highlights the main challenges that European political leaders will face in the months to come. Furthermore, its interdisciplinary approach embraces economic, financial and legal perspectives, so as to ensure the global coherence and comprehensiveness of its content. The contributors to this volume are prominent experts from the areas of Economics, Finance, Law, and Political Science, offering readers a multifaceted view of the topics discussed.

The Euro

Author: Chris Mulhearn
Publisher: Edward Elgar Publishing
ISBN: 1848442882
Size: 58.86 MB
Format: PDF, ePub, Mobi
View: 7466
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The Euro from the Author: Chris Mulhearn. This title provides a comprehensive overview of the development and design of the European Monetary Union, as well as an intriguing discussion of its prospects for future enlargement.