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Europe and the Euro: Integration, Crisis and Policies

✍ Scribed by Enrico Marelli, Marcello Signorelli (auth.)


Publisher
Palgrave Macmillan
Year
2017
Tongue
English
Leaves
194
Edition
1
Category
Library

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✦ Synopsis


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.

✦ Table of Contents


Front Matter....Pages i-xxii
A Progressively Integrated European Community within the Global Economy....Pages 1-14
The European Monetary Union and OCA Theories: A Common Currency Awaiting a Real Economic Union....Pages 15-43
Monetary Policy and the European Central Bank: A Progressive Divorce from the Bundesbank Legacy?....Pages 45-57
Fiscal Policies and the EU’s Governance: Only Rules and a Lack of Stabilisation Measures....Pages 59-77
The Double Crisis in the Eurozone: Recession, Stagnation and High Unemployment....Pages 79-112
The EU’s Policy Response: Too Little Too Late....Pages 113-137
The Need for Innovative Policies and Further Integration: A Real β€˜Economic and Monetary’ Union Leading to a Future Political Union?....Pages 139-161
Back Matter....Pages 163-182

✦ Subjects


European Integration;Economic Policy;Economic Systems


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