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Author: Wim Meeusen
Publisher: Edward Elgar Publishing
ISBN: 9781849804202
Category : Convergence (Economics)
Languages : en
Pages : 0
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Book Description
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
Author: Wim Meeusen
Publisher: Edward Elgar Publishing
ISBN: 9781849804202
Category : Convergence (Economics)
Languages : en
Pages : 0
Get Book
Book Description
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
Author: Demosthenes Ioannou
Publisher: Routledge
ISBN: 1317388518
Category : Political Science
Languages : en
Pages : 180
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Book Description
Few events over the past few decades have given rise to an amount of debate and speculation concerning the state of the European Union (EU) and the future of European integration as the economic and financial crisis that began in 2007. In spite of substantial media, policy-making and academic attention, the fundamental questions of why and how the euro area (EA) has remained not only intact but also expanded and integrated further during the crisis require deeper theoretical investigation. One needs to understand not only the economics but also the politics and institutions of the crisis. A lack of such an understanding is the reason why a number of observers, at least initially, had a hard time making sense of policy-makers’ decisions (and pace thereof), including why the EA did not implode as some predicted. Economic theories provide a certain perspective for why the crisis occurred and what economic policies were and are needed to resolve it; however, they fail to capture the deeper roots and management of the crisis. In order to improve our understanding of a discussion that has oscillated between fears of EA disintegration on the one hand and the concrete advancement of integration during the crisis on the other, this special collection brings together leading scholars of European integration who apply key theoretical approaches – from liberal intergovernmentalism and neofunctionalism to other prominent theoretical accounts that have been applied to European integration such as historical institutionalism, critical political economy, normative theory, and a public opinion approach – to the economic and financial crisis. The contributions seek to analyse, understand and/or explain the events that occurred and the (re)actions to them in order to draw conclusions concerning the applicability and usefulness of their respective theoretical perspectives. This book was published as a special issue of the Journal of European Public Policy.
Author: Nicolò Conti
Publisher: Routledge
ISBN: 1351064800
Category : Political Science
Languages : en
Pages : 261
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Book Description
The global financial, economic and sovereign debt crisis since 2008 has led to increases in political disaffection among citizens, a loss of legitimacy of political institutions, the discredit of mainstream parties and the rise of extremist or anti-system political alternatives. This comparative volume sheds greater light on this critical juncture in the recent history of the European Union (EU) by focusing on the evolution of attitudes of national political elites. It examines whether the crisis has affected the legitimacy of the EU integration project as perceived by national political elites and, consequently, if the elite consensus that constituted one of the most solid fundamentals supporting that project has been eroded. Analysing these changes across the different dimensions in which support for the EU is organized and its relationship with the evolution of support towards European integration among citizens in member states, the book addresses a basic question: How have these events affected the perceptions of the EU of national political elites? Ultimately, it sheds light on the evolution of the relationship between the perception of the EU and the national contexts, as well as the likely evolution of the project of European integration in the near future. This book will be of key interest to scholars and students of political elites, EU politics, European integration, political parties, and more broadly to comparative politics, European studies and sociology.
Author: Enrico Marelli
Publisher: Springer
ISBN: 3319457292
Category : Business & Economics
Languages : en
Pages : 182
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Book Description
This book offers a fresh perspective on the recent Eurozone "double crisis" and its related economic policies. The authors present empirical evidence which sheds new light on the growing economic and political debate on the future of the Euro, the Eurozone and the EU. The book investigates and assesses the impact of the crisis with particular reference to monetary and fiscal policy, whose protracted austerity approach has dampened economic growth. In their discussion of the long-run European integration process, the authors emphasize the original weaknesses in the construction of the European Monetary Union and examine its failure to respond to the recent crisis. The concluding chapter focuses on the need for crucial reform in European governance and discusses the impact of the UK’s recent EU membership referendum. Scholars, students and members of the general public with an interest in the future of the Eurozone will find this work thought-provoking, instructive and highly informative.
Author: Robert G. Picard
Publisher: Bloomsbury Publishing
ISBN: 0857729055
Category : Political Science
Languages : en
Pages : 269
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Book Description
The Euro Crisis produced the most significant challenge to European integration in 60 years testing the structures and powers of the European Union and the Eurozone and threatening the common currency. This book explores how the financial and political crisis was portrayed in the European press and the implications of that coverage on public understanding of the developments, their causes, responsibilities for addressing the crisis, the roles and effectiveness of European institutions, and the implications for European integration and identity. It addresses factors that shaped news and analysis, the roles of European leaders, and the extent to which national and pan-European debates over the crisis occurred. In doing so, it provides a clear and readable explanation of what the portrayals tell us about Europe and European integration in the early twenty-first century."
Author: Ivan T. Berend
Publisher: Routledge
ISBN: 1351998234
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
The European Union widened and deepened integration when it introduced the Single Market and the common currency, increasing the number of member countries from 12 to 28. After a quarter of a century, the 2008 financial and economic crisis opened a new chapter in the history of European integration. Prosperity was replaced by economic crisis and then long stagnation, with ramifications far beyond the economic arena. For the first time, after more than half a century, some countries were almost forced to step out of the Union. History’s most frightening migration crisis shocked Europe and led to the strengthening of several anti-integration parties in various countries. This pioneering book discusses the nine crisis elements that could lead to disintegration of the EU. Beginning with the Greek Debt disaster this book delves into the cause of the recent European crisis and then onto the recent immigration influx and its consequences, as well as Britain’s exit from the Union. A concluding chapter, based on the facts of positive development during the crises years, gives a cautiously optimistic forecast for the future and asks the question: further integration or disintegration? This volume is of great importance to academics, students and policy makers who have an interest in European politics, political economy and migration.
Author: Robert Godby
Publisher: Verlag Barbara Budrich
ISBN: 3847404318
Category : Political Science
Languages : en
Pages : 209
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Book Description
Debate among politicians and academics alike vacillates as to whether the euro is the crowning achievement of a half-century of European integration efforts, or now constitutes a force that threatens to drive European Union member states apart. This book introduces both the political and economic forces at play in the eurozone crisis that have shaped this debate and changed the face of European integration.
Author: Bruno Dallago
Publisher: Routledge
ISBN: 1317281160
Category : Business & Economics
Languages : en
Pages : 341
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Book Description
The financial and economic crisis in Europe is not over, and the radically opposing strategies on how to proceed has only increased the complexity of problems in the region, revealing the shortcomings of the EU’s architecture. The European Union, perhaps for the first time in its history of more than seventy years, is being perceived as a threat to the financial and monetary stability of the world. A Global Perspective on the European Economic Crisis explores the connection between internal EU actions and institutions and the external factors that influence the ongoing response to the European crisis. With a unique collection of international and interdisciplinary essays, this book considers the complex macroeconomic and challenging political landscape of Europe, looking at how and why the European Union is untenable in its current state. The chapters outline what should be done to make the common currency area more resilient, and explain why external events are particularly problematic for the EU, ultimately offering suggestions for what Europeans should do in order to avoid harmful internal consequences. This volume confronts the causes of the crisis’ persistence, its economic and political consequences, and the impact of more recent events and policy decisions. It will be of interest to researchers and policy-makers keen to understand the EU relations and the influence of international organizations in the European economic crisis.
Author: Stelio Mangiameli
Publisher: Springer
ISBN: 9783319838687
Category : Law
Languages : en
Pages : 216
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Book Description
The book examines the economic crisis in the European Union and its consequences for European integration and the member states. Discussing the provisions introduced by the Treaty of Lisbon, from the effects of macroeconomic monitoring to the restraints produced by the Fiscal Compact, it offers an analysis of the European Union’s current situation and the effects of the measures adopted to manage the crisis, also making reference to how Europe is perceived by its citizens. Moreover, the chapters offer thoughts on the European integration process, in particular the effects that the policies adopted to tackle the crisis have had on the economic and financial sovereignty of the member states. This detailed examination of the situation of the EU between the Treaty of Lisbon and the Fiscal Compact is characterized by an original multidisciplinary approach that offers an articulate reflection on the criticalities that affect the actions of both European and national institutions.
Author: Swen Hutter
Publisher: Cambridge University Press
ISBN: 1107129419
Category : Political Science
Languages : en
Pages : 359
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Book Description
Maps and explains how and why European integration has become politicised.
