The Political Economy of the Eurozone in Central and Eastern Europe PDF Download
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Author: Krisztina Arató
Publisher: Routledge
ISBN: 042953700X
Category : Political Science
Languages : en
Pages : 262
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Book Description
The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.
Author: Krisztina Arató
Publisher: Routledge
ISBN: 042953700X
Category : Political Science
Languages : en
Pages : 262
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Book Description
The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.
Author: David J. Howarth
Publisher: Oxford University Press
ISBN: 0198727925
Category : Business & Economics
Languages : en
Pages : 285
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Book Description
The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union is also significant because not all European Union (EU) member states have joined, which has increased the trend towards differentiated integration in the EU, posing a major challenge to the EU as a whole and to the opt-out countries. This book is informed by two main empirical questions. Why was Banking Union - presented by proponents as a crucial move to 'complete' Economic and Monetary Union (EMU) - proposed only in 2012, over twenty years after the adoption of the Maastricht Treaty? Why has a certain design for Banking Union been agreed and some elements of this design prioritized over others? A two-step explanation is articulated in this study. First, it explains why euro area member state governments moved to consider Banking Union by building on the concept of the 'financial trilemma', and examining the implications of the single currency for euro area member state banking systems. Second, it explains the design of Banking Union by examining the preferences of member state governments on the core components of Banking Union and developing a comparative political economy analysis focused on the configuration of national banking systems and varying national concern for the moral hazard facing banks and sovereigns created by euro level support mechanisms.
Author: Erik Jones
Publisher: Routledge
ISBN: 1317203372
Category : Political Science
Languages : en
Pages : 194
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Book Description
The crisis in the euro area is a defining moment in the history of European integration. It has revealed major flaws in the architecture of the European Union; it has challenged European institutions to shape an appropriate response; and it has tested the patience of a European public that is eager to see their economic prospects improve again. This volume brings together some of the world’s top economists and policymakers to explain how this crisis came about and what is to be done. The policy agenda these chapters establish is going to be difficult to implement, not least because of popular misunderstanding and political opposition. This book argues, that it is essential that European policymakers push forward this agenda or they run the risk of seeing Europe’s economies fall back into crisis. This book was previously published as a special issue of the Journal of European Integration.
Author: Kaija Schilde
Publisher: Cambridge University Press
ISBN: 1107198437
Category : Political Science
Languages : en
Pages : 307
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Book Description
Looks at how EU political institutions in security and defense have developed through the political economy of interest group intermediation.
Author: David Bailey
Publisher:
ISBN: 9781911116639
Category : European Union countries
Languages : en
Pages : 0
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Book Description
This collection of essays explores the ramifications of the Brexit decision for the UK and European economies. These essays provide an important first step in assessing the threats and challenges that a Brexit poses for the UK and wider EU economy and will be welcome reading for anyone in search of some rigor and clarity amid the hyperbole.
Author: José Magone
Publisher: Routledge
ISBN: 1317496612
Category : Political Science
Languages : en
Pages : 341
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Book Description
Successive Enlargements to the European Union membership have transformed it into an economically, politically and culturally heterogeneous body with distinct vulnerabilities in its multi-level governance. This book analyses core-periphery relations to highlight the growing cleavage, and potential conflict, between the core and peripheral member-states of the Union in the face of the devastating consequences of Eurozone crisis. Taking a comparative and theoretical approach and using a variety of case studies, it examines how the crisis has both exacerbated tensions in centre-periphery relations within and outside the Eurozone, and how the European Union’s economic and political status is declining globally. This text will be of key interest to students and scholars of European Union studies, European integration, political economy, public policy, and comparative politics.
Author: Philip B. Whyman
Publisher: Routledge
ISBN: 1136286217
Category : Business & Economics
Languages : en
Pages : 412
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Book Description
This book seeks to analyse the development of the European Union (EU), which was founded upon the principle of the free movement of capital, goods, services and people in 1957. Its central thesis is that, from a practical and theoretical point of view, such a basis is fundamentally at odds with the creation of an interventionist regime that the construction of a social Europe would require. The authors argue convincingly that - economically: the EU does not currently possess the budget or the economic tools to pursue such a strategy; politically: close to none of the institutions of the EU have backed such a policy; practically: conservative and neo-liberal forces (among member states and the institutions of the EU) have repeatedly thwarted any moves in this direction. In reality, the Single Internal Market, Economic and Monetary Union, enlargement, the Lisbon Agenda and European Constitution projects all prioritise supply-side measures and expanding the scope of the market rather than the boosting of demand and other economic intervention. Consequently, constructing a social Europe in the face of this would appear problematic. Hence, in both theory and practice, the idea that there can be a social Europe vis-à-vis neoliberalisation is a contradiction in terms. This controversial book will be an educating and refreshing read for advanced students and academics involved with European politics, the European Union, European Economics and Economic instititutions.
Author: Jens Arnholtz
Publisher: Routledge
ISBN: 9780367142711
Category : Employee rights
Languages : en
Pages : 0
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Book Description
This book explores how posting is changing industrial relations systems in several European countries from a variety of disciplinary perspectives. It looks at how opportunities to set up shell-companies and engage in unregulated transnational recruitment made a Europe-wide industry out of avoiding regulation and cheating workers.
Author: Simon Bulmer
Publisher: Journal of European Public Policy Series
ISBN: 9781138389854
Category : European Union countries
Languages : en
Pages : 148
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Book Description
The British referendum on continuing membership of the European Union (EU) in June 2016 represented a turning point in the relationship between the United Kingdom (UK) and the EU. This book investigates the implications of Brexit for the EU and the UK, placing this assessment in the context of the long-term evolution of UK-EU relations. The authors relate these findings to debates within the literature on EU policy-making, comparative politics, and political economy. The first part of this comprehensive volume explores the implications of Brexit for key policy areas, namely the single market, finance, and migration. The policies selected are those in which the consequences of Brexit are likely to be most significant because they are linked to the 'four freedoms' in the Single Market. The second part of the book explores important 'horizontal' or thematic issues, namely lessons from Brexit for theories of integration, the balance of power in the EU amongst the main member states post-Brexit, the evolution of the domestic political contestation in the EU, and the impact of Brexit on domestic politics in the UK. This book was originally published as a special issue of the Journal of European Public Policy.
Author: Magnus Bjarnason
Publisher: Amsterdam University Press
ISBN: 9056296426
Category : Political Science
Languages : en
Pages : 283
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Book Description
Iceland can consider its participation in the European Economic Area (EEA) as an associate membership of the European Union (EU). Under the EEA agreement, Iceland participates in the EU free movement of capital, persons, services and industrial goods, along with cooperation in social policy and related fields. However, Iceland does not participate in the EU Common Fisheries Policy (CFP), the EU Common Agricultural Policy (CAP), the European Economic and Monetary Union (EMU), or in the EU Customs Union. This dissertation studies the effects of full EU membership on Iceland's Political Economy. It gives an overview of the EU, EEA and the European Free Trade Association (EFTA), offering thorough analyses of the EMU, Agricultural Policy and Fisheries Policy. The dissertation also reviews the pros and cons of EU membership. A decision to join the EU is in the end a question of political choice and this dissertation is intended to make such a choice as informed as possible.
