Safeguarding the Euro in Times of Crisis

Safeguarding the Euro in Times of Crisis PDF Author:
Publisher:
ISBN: 9789295085336
Category :
Languages : en
Pages : 419

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Book Description
This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financial leaders and ESM insiders provide a rich stock of perspectives and anecdotes that bring to life the urgency of the crisis as well as the innovative solutions found to resolve it. The European Stability Mechanism and its temporary predecessor the EFSF provided billions of euros in loans to five hard-hit euro area countries during the European financial and sovereign debt crisis of the early 2000s, helping to safeguard the stability of those countries and the euro area as a whole. Initially, the crisis-torn euro area was ill-equipped institutionally, but the rapid establishment of the firewalls, the assistance programmes, deep‐seated country reforms, the strengthening of European institutions, and extraordinary European Central Bank measures shielded Europe from a euro area break-up. With the EFSF/ESM set-up, its managers aspired to create a new, more entrepreneurial international financial institution, one that is agile enough to respond quickly to new challenges, while still ensuring the strict governance befitting an organisation pursuing a public mission. The euro area has emerged from near disaster in more robust shape. As Europe strives to further strengthen its architecture in preparation for any possible future crises, it is important to reflect upon how the euro area reinvigorated its fortunes and draw the relevant lessons for future crisis management in Europe and beyond.

Safeguarding the Euro in Times of Crisis

Safeguarding the Euro in Times of Crisis PDF Author:
Publisher:
ISBN: 9789295085336
Category :
Languages : en
Pages : 419

Get Book Here

Book Description
This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financial leaders and ESM insiders provide a rich stock of perspectives and anecdotes that bring to life the urgency of the crisis as well as the innovative solutions found to resolve it. The European Stability Mechanism and its temporary predecessor the EFSF provided billions of euros in loans to five hard-hit euro area countries during the European financial and sovereign debt crisis of the early 2000s, helping to safeguard the stability of those countries and the euro area as a whole. Initially, the crisis-torn euro area was ill-equipped institutionally, but the rapid establishment of the firewalls, the assistance programmes, deep‐seated country reforms, the strengthening of European institutions, and extraordinary European Central Bank measures shielded Europe from a euro area break-up. With the EFSF/ESM set-up, its managers aspired to create a new, more entrepreneurial international financial institution, one that is agile enough to respond quickly to new challenges, while still ensuring the strict governance befitting an organisation pursuing a public mission. The euro area has emerged from near disaster in more robust shape. As Europe strives to further strengthen its architecture in preparation for any possible future crises, it is important to reflect upon how the euro area reinvigorated its fortunes and draw the relevant lessons for future crisis management in Europe and beyond.

Early Modern Europe

Early Modern Europe PDF Author: Philip Benedict
Publisher: University of Delaware Press
ISBN: 9780874139068
Category : History
Languages : en
Pages : 332

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Book Description
Fifty years after the beginning of the debate about the "general crisis of the seventeenth century," and thirty years after theodore K. Rabb's reformulation of it as the "European struggle for stability." this volume returns to the fundamental questions raised by the long-running discussion: What continent-wide patterns of change can be discerned in European history across the centuries from the Renaissance to the French Revolution? What were the causes of the revolts that rocked so many countries between 1640 and 1660? Did fundamental changes occur in the relationship between politics and religion? Politics and military technology? Politics and the structures of intellectual authority?

The Stability of Europe

The Stability of Europe PDF Author: Régine Perron
Publisher: Presses Paris Sorbonne
ISBN: 9782840503170
Category : Europe
Languages : en
Pages : 200

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Book Description


Brexit and Beyond

Brexit and Beyond PDF Author: Benjamin Martill
Publisher: UCL Press
ISBN: 1787352773
Category : Political Science
Languages : en
Pages : 314

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Book Description
Brexit will have significant consequences for the country, for Europe, and for global order. And yet much discussion of Brexit in the UK has focused on the causes of the vote and on its consequences for the future of British politics. This volume examines the consequences of Brexit for the future of Europe and the European Union, adopting an explicitly regional and future-oriented perspective missing from many existing analyses. Drawing on the expertise of 28 leading scholars from a range of disciplines, Brexit and Beyond offers various different perspectives on the future of Europe, charting the likely effects of Brexit across a range of areas, including institutional relations, political economy, law and justice, foreign affairs, democratic governance, and the idea of Europe itself. Whilst the contributors offer divergent predictions for the future of Europe after Brexit, they share the same conviction that careful scholarly analysis is in need – now more than ever – if we are to understand what lies ahead for the EU. Praise for Brexit and Beyond 'a wide-ranging and thought-provoking tour through the vagaries of British exit, with the question of Europe’s fate never far from sight...Brexit is a wake-up call for the EU. How it responds is an open question—but respond it must. To better understand its options going forward you should turn to this book, which has also been made free online.' Prospect Magazine 'This book explores wonderfully well the bombshell of Brexit: is it a uniquely British phenomenon or part of a wider, existential crisis for the EU? As the tensions and complexities of the Brexit negotiations come to the fore, the collection of essays by leading scholars will prove a very valuable reference for their depth of analysis, their lucidity, and their outlining of future options.' - Kevin Featherstone, Head of the LSE European Institute, London School of Economics 'Brexit and Beyond is a must read. It moves the ongoing debate about what Brexit actually means to a whole new level. While many scholars to date have examined the reasons for the British decision to leave, the crucial question of what Brexit will mean for the future of the European project is often overlooked. No longer. Brexit and Beyond bundles the perspectives of leading scholars of European integration. By doing so, it provides a much needed scholarly guidepost for our understanding of the significance of Brexit, not only for the United Kingdom, but also for the future of the European continent.' - Catherine E. De Vries, Professor in the department of Government, University of Essex and Professor in the department of Political Science and Public Administration Free University Amsterdam 'Brexit and Beyond provides a fascinating (and comprehensive) analysis on the how and why the UK has found itself on the path to exiting the European Union. The talented cast of academic contributors is drawn from a wide variety of disciplines and areas of expertise and this provides a breadth and depth to the analysis of Brexit that is unrivalled. The volume also provides large amounts of expert-informed speculation on the future of both the EU and UK and which is both stimulating and anxiety-inducing.' -Professor Richard Whitman, Head of School, Professor of Politics and International Relations, Director of the Global Europe Centre, University of Kent

Europe's Promise

Europe's Promise PDF Author: Steven Hill
Publisher: Univ of California Press
ISBN: 052094450X
Category : Political Science
Languages : en
Pages : 488

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Book Description
A quiet revolution has been occurring in post-World War II Europe. A world power has emerged across the Atlantic that is recrafting the rules for how a modern society should provide economic security, environmental sustainability, and global stability. In Europe's Promise, Steven Hill explains Europe's bold new vision. For a decade Hill traveled widely to understand this uniquely European way of life. He shatters myths and shows how Europe's leadership manifests in five major areas: economic strength, with Europe now the world's wealthiest trading bloc, nearly as large as the U.S. and China combined; the best health care and other workfare supports for families and individuals; widespread use of renewable energy technologies and conservation; the world's most advanced democracies; and regional networks of trade, foreign aid, and investment that link one-third of the world to the European Union. Europe's Promise masterfully conveys how Europe has taken the lead in this make-or-break century challenged by a worldwide economic crisis and global warming.

No Place for Russia

No Place for Russia PDF Author: William H. Hill
Publisher: Columbia University Press
ISBN: 0231704585
Category : Political Science
Languages : en
Pages : 0

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Book Description
The optimistic vision of a “Europe whole and free” after the fall of the Berlin Wall in 1989 has given way to disillusionment, bitterness, and renewed hostility between Russia and the West. In No Place for Russia, William H. Hill traces the development of the post–Cold War European security order to explain today’s tensions, showing how attempts to integrate Russia into a unified Euro-Atlantic security order were gradually overshadowed by the domination of NATO and the EU—at Russia’s expense. Hill argues that the redivision of Europe has been largely unintended and not the result of any single decision or action. Instead, the current situation is the cumulative result of many decisions—reasonably made at the time—that gradually produced the current security architecture and led to mutual mistrust. Hill analyzes the United States’ decision to remain in Europe after the Cold War, the emergence of Germany as a major power on the continent, and the transformation of Russia into a nation-state, placing major weight on NATO’s evolution from an alliance dedicated primarily to static collective territorial defense into a security organization with global ambitions and capabilities. Closing with Russia’s annexation of Crimea and war in eastern Ukraine, No Place for Russia argues that the post–Cold War security order in Europe has been irrevocably shattered, to be replaced by a new and as-yet-undefined order.

Systems, Stability, and Statecraft

Systems, Stability, and Statecraft PDF Author: P. Schroeder
Publisher: Springer
ISBN: 1137061383
Category : History
Languages : en
Pages : 362

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Book Description
Few scholars have provided as much insight into the struggle of leaders, ideas, and policies as Paul W. Schroeder. Constantly challenging conventional views, and drawing upon a masterly command of the sources and literature, Schroeder provides new answers to old questions about international history and politics since the age of Napoleon. Were European international relations really driven by balance of power politics, or has that traditional view blinded us to an underlying normative consensus on the 'rules of the game' that frequently contributed to cooperation among the leading states in the system? Are alliances primarily a means of the aggregation of power against stronger states, or do states often use alliances as instruments of influence or control over their allies? Was World War I contingent upon a confluence of independent processes that intersected in 1914, or was it the product of more deeply-rooted and interconnected structural forces that pushed inevitably toward war? What is the role of moral judgment in historical investigation? Raising new questions and offering provocative new interpretations, Schroeder encourages historians and political scientists alike to reconsider their long-standing beliefs about the evolution and dynamics of modern diplomacy.

Sustainable Finance in Europe

Sustainable Finance in Europe PDF Author: Danny Busch
Publisher: Springer Nature
ISBN: 3031536967
Category :
Languages : en
Pages : 732

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Book Description


The Penguin Companion to European Union

The Penguin Companion to European Union PDF Author: Anthony Teasdale
Publisher: Penguin UK
ISBN: 9780141021188
Category : Europe
Languages : en
Pages : 0

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Book Description
The focus of this book is on the fifteen-member European Union but its coverage extends to many other bodies which form part of today's Europe, such as the Council of Europe, the European Economic Area and Western European Union.

Conservative Parties and the Birth of Democracy

Conservative Parties and the Birth of Democracy PDF Author: Daniel Ziblatt
Publisher: Cambridge University Press
ISBN: 9780521172998
Category : Political Science
Languages : en
Pages : 448

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Book Description
How do democracies form and what makes them die? Daniel Ziblatt revisits this timely and classic question in a wide-ranging historical narrative that traces the evolution of modern political democracy in Europe from its modest beginnings in 1830s Britain to Adolf Hitler's 1933 seizure of power in Weimar Germany. Based on rich historical and quantitative evidence, the book offers a major reinterpretation of European history and the question of how stable political democracy is achieved. The barriers to inclusive political rule, Ziblatt finds, were not inevitably overcome by unstoppable tides of socioeconomic change, a simple triumph of a growing middle class, or even by working class collective action. Instead, political democracy's fate surprisingly hinged on how conservative political parties - the historical defenders of power, wealth, and privilege - recast themselves and coped with the rise of their own radical right. With striking modern parallels, the book has vital implications for today's new and old democracies under siege.