A European Central Bank Standing Guard over a European Currency Union PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download A European Central Bank Standing Guard over a European Currency Union PDF full book. Access full book title A European Central Bank Standing Guard over a European Currency Union by Jan Meyers. Download full books in PDF and EPUB format.
Author: Jan Meyers
Publisher: Kluwer Law International B.V.
ISBN: 9403521589
Category : Law
Languages : en
Pages : 346
Get Book Here
Book Description
In this year of the euro’s 25th anniversary, the book revisits the architecture of the European currency union as it continues to evolve and faces today’s concurrent challenges posed by its members’ high and diverging government debt levels, debt sustainability concerns, and the considerable public expenditures, investments and reforms needed in particular to address climate change and the green transition. Key components reviewed include the single monetary policy for the eurozone; the common rules and processes for keeping a measure of discipline and orderliness in the members’ economic and budgetary policies; the containment of financial fragmentation within the eurozone; and stability support for members under financial stress. The book focuses on the central role of the European Central Bank (ECB) and considers such issues as: how the ECB has defined its monetary policy mandate and calibrated its actions within the matrix of broadly worded objectives and constraints set by the EU Treaties; the possible tensions and trade-offs between the ECB’s primary mission of inflation control and the episodic need to avert risks to financial stability, contain financial fragmentation and preserve the cohesion of the European currency union; the difficulties of a single monetary policy interacting with the relative heterogeneity of economic characteristics and national fiscal policies across the eurozone; the ECB’s possible role in supporting the transition to a lower-carbon economy; and how judicial review by the European Court of Justice has to contend with the complexities and inherent uncertainties of monetary analysis and the ECB’s need of a broad margin of policy judgment. As part of the EU’s incomplete economic and monetary union, the currency union remains a work in progress. The challenges and choices at hand present serious legal questions that cannot be viewed in isolation from the economic and political issues—a kind of 3D combination puzzle to be solved.
Author: Jan Meyers
Publisher: Kluwer Law International B.V.
ISBN: 9403521589
Category : Law
Languages : en
Pages : 346
Get Book Here
Book Description
In this year of the euro’s 25th anniversary, the book revisits the architecture of the European currency union as it continues to evolve and faces today’s concurrent challenges posed by its members’ high and diverging government debt levels, debt sustainability concerns, and the considerable public expenditures, investments and reforms needed in particular to address climate change and the green transition. Key components reviewed include the single monetary policy for the eurozone; the common rules and processes for keeping a measure of discipline and orderliness in the members’ economic and budgetary policies; the containment of financial fragmentation within the eurozone; and stability support for members under financial stress. The book focuses on the central role of the European Central Bank (ECB) and considers such issues as: how the ECB has defined its monetary policy mandate and calibrated its actions within the matrix of broadly worded objectives and constraints set by the EU Treaties; the possible tensions and trade-offs between the ECB’s primary mission of inflation control and the episodic need to avert risks to financial stability, contain financial fragmentation and preserve the cohesion of the European currency union; the difficulties of a single monetary policy interacting with the relative heterogeneity of economic characteristics and national fiscal policies across the eurozone; the ECB’s possible role in supporting the transition to a lower-carbon economy; and how judicial review by the European Court of Justice has to contend with the complexities and inherent uncertainties of monetary analysis and the ECB’s need of a broad margin of policy judgment. As part of the EU’s incomplete economic and monetary union, the currency union remains a work in progress. The challenges and choices at hand present serious legal questions that cannot be viewed in isolation from the economic and political issues—a kind of 3D combination puzzle to be solved.
Author: Lucia Coppolaro
Publisher: Routledge
ISBN: 042965698X
Category : History
Languages : en
Pages : 210
Get Book Here
Book Description
This book deals with the historical relationship between international trade liberalisation – one of the backbones of globalisation – and the development of social welfare. In Europe the issue has regularly been at the centre of the political debate for at least two centuries, and still nowadays it continues to inspire decisions of the highest order, as in the recent case of Brexit. Analysing a number of particularly meaningful episodes and moments, the eight chapters of this edited volume provide an overview of how the liberalisation/welfare nexus has been addressed in Europe since the end of the 19th century. Describing the oscillations from phases in which state, non-state and transnational actors saw the two elements as widely conflicting, to others in which more harmonious visions prevailed, the book uncovers the political complexity of the issue and contributes to clarifying its connections with the current economic situation, political balances and general social conditions.
Author: D. Howarth
Publisher: Springer
ISBN: 0230510833
Category : Political Science
Languages : en
Pages : 252
Get Book Here
Book Description
The logic behind European monetary cooperation and integration can only be understood through an examination of French efforts to maximise their monetary power in relation to Germany and America. This book provides a detailed and historically-informed study of the motives and economic and political attitudes that shaped French policy on European developments over a thirty year period, from the collapse of the International Monetary System in the late 1960s and early 1970s through to the start of EMU on 1 January 1999.
Author: Edwin Walter Kemmerer
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 564
Get Book Here
Book Description
Author: P. Drillien
Publisher: Martinus Nijhoff Publishers
ISBN: 9789024736102
Category : Political Science
Languages : en
Pages : 1064
Get Book Here
Book Description
The European Yearbook promotes the scientific study of nineteen European supranational organisations and the OECD. Each volume contains a detailed survey of the history, structure and yearly activities of each organisation and an up-to-date chart providing a clear overview of the member states of each organisation.
Author: James MacDonald
Publisher: Princeton University Press
ISBN: 9780691126326
Category : Business & Economics
Languages : en
Pages : 580
Get Book Here
Book Description
For the greater part of recorded history the most successful and powerful states were autocracies; yet now the world is increasingly dominated by democracies. In A Free Nation Deep in Debt, James Macdonald provides a novel answer for how and why this political transformation occurred. The pressures of war finance led ancient states to store up treasure; and treasure accumulation invariably favored autocratic states. But when the art of public borrowing was developed by the city-states of medieval Italy as a democratic alternative to the treasure chest, the balance of power tipped. From that point on, the pressures of war favored states with the greatest public creditworthiness; and the most creditworthy states were invariably those in which the people who provided the money also controlled the government. Democracy had found a secret weapon and the era of the citizen creditor was born. Macdonald unfolds this tale in a sweeping history that starts in biblical times, passes via medieval Italy to the wars and revolutions of the seventeenth and eighteenth centuries, and ends with the great bond drives that financed the two world wars.
Author: Christopher Storrs
Publisher: Routledge
ISBN: 1317031660
Category : History
Languages : en
Pages : 260
Get Book Here
Book Description
In recent decades, historians of early-modern Europe, and above all those who study the eighteenth century, have elaborated the concept of what has been called the 'fiscal-military state'. This is a state whose international effectiveness was founded upon the development of large armed forces, whose performance and supply necessitated both further administrative development and the provision of large sums, the raising of which involved unprecedented levels of taxation and borrowing by governments. The present collection of essays, by leading authorities in their individual fields, all of whom have published widely on their chosen topic, explores the subject of the fiscal-military state by focusing on its leading exemplars in eighteenth-century Europe: Austria, Britain, France, Prussia and Russia. It also includes a chapter on the Savoyard state (the kingdom of Sardinia), a lesser power whose career illuminates by comparison developments elsewhere. In addition, and rather unusually, a further chapter considers the fiscal-military state in a broader, comparative international context, in the arena of international relations. Each chapter provides a summary of the state of knowledge regarding the fiscal-military state debate insofar as it relates to the state under consideration. As well as contributing to that debate, they take matters further by systematically analysing the sources of wealth and income, and the way these were tapped, and the broader impact that this attempt to extract resources had on society and the state, both in the short and longer term. The differing patterns, and the variety of models of fiscal-military state makes for ease of comparison across Europe, making the volume an invaluable resource to both students and researchers alike.
Author: R. Utley
Publisher: Springer
ISBN: 0230595642
Category : Political Science
Languages : en
Pages : 307
Get Book Here
Book Description
The French Defence Debate examines assertions of consensus and continuity in, and surrounding, France's defence since 1958, with primary reference to the political career of François Mitterrand. Mitterrand's influence over defence and security, before and after his election to the presidency, is often underestimated. Nonetheless his impact was substantial, if ultimately for his lack of concern to preserve consensus and his reluctance to instigate necessary changes in France's defence - despite the end of the Cold War, and the military deficiencies and limitations of national independence it exposed.
Author: Volkan Ipek
Publisher: Springer Nature
ISBN: 3030295893
Category : Political Science
Languages : en
Pages : 122
Get Book Here
Book Description
This book explains the postcolonial nationalism theory of Morocco focusing on the nation’s membership application to the European Economic Community (EEC) in 1987 through the initiatives of King Hassan II. The project examines why states, such as Morocco, that have been geographically beyond the classical European borders felt European in terms of self-identity. The author uses a comparative approach, studying Tunisia, Algeria, Malta, Cyprus, to postulate why these states have opted not to apply for EEC. This work brings a new approach to the Europe-Africa relations and revisits the concept of the European enlargement.
Author: V. Caton
Publisher: Springer
ISBN: 1137409177
Category : Political Science
Languages : en
Pages : 352
Get Book Here
Book Description
Why did France, with its strong sense of national identity, want to give up the Franc for the Euro? This book, by a former British diplomat in Paris, draws on new archive evidence to explore France's drive for European Economic and Monetary Union, and how unresolved Franco-German tensions over its design led to crisis.
