Crisis in the Eurozone: Causes, Dilemmas and Solutions
β Scribed by Mark Baimbridge, Philip B. Whyman
- Publisher
- Palgrave Macmillan
- Year
- 2015
- Tongue
- English
- Leaves
- 283
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
Β
The authors argue that the failure of the eurozone to meet any convergence criteria, together with unjustified emphasis placed upon unproven rules and institutions derived from contemporary neoliberal macroeconomic thinking, was an accident waiting to happen. Additionally, a series of potential remedies is proposed, ranging from a critical evaluation of solutions that the EU has already instigated (moral persuasion andΒ financial relief measures), together with a series of alternative propositions (fiscal federalism and a 'European Clearing Union'). Moreover, the analysis is extended to the collapse of the eurozone and to options for national economic self-governance.
Β
This study, with its comprehensive analysis of the eurozone crisis, is essential reading for students, researchers and scholars of monetary economics, European economics, political science and international relations.
β¦ Table of Contents
- The Eurozone as a Flawed Currency Area
PART I: THE ECONOMICS OF MONETARY INTEGRATION - The Development of Microfoundations of Macroeconomics
- Contemporary Macroeconomic Thought and its Discontents
- Theoretical Considerations of a Single Currency
PART II: CONTEMPORARY ECONOMIC POLICYMAKING - Rules and Institutions in International Monetary Systems
- Fiscal Policy Within the Eurozone
- Monetary Policy Within the Eurozone
- Economic Policymaking Within the Eurozone
PART III: SOLUTIONS TO THE EUROZONE CRISIS - Moral Persuasion, Financial Relief and Debt Default
- Fiscal Federalism
- European Clearing Union
- The Collapse of the Eurozone: Disaster or Liberation?
- From the Eurozone to National Economic Self-governance
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