The Euro trap

on bursting bubbles, budgets, and beliefs

This book offers a critical assessment of the history of the euro, its crisis, and the rescue measures taken by the European Central Bank and the community of states. The euro induced huge capital flows from the northern to the southern countries of the Eurozone ...

Crisis y fracaso de la Unión Europea neoliberal

La crisis económica que está sacudiendo la Unión Europea ha puesto de relieve la profunda inconsistencia de la arquitectura institucional comunitaria, y muy especialmente del euro, del BCE y del Pacto de Estabilidad y Crecimiento. La deriva de la crisis financiera hacia la crisis de ...

Économie de l'euro

Quinze ans après sa création en 1999, la monnaie unique européenne sort difficilement d'une crise qui a mis son existence même en péril. Les gouvernements européens ont créé des dispositifs de secours, renforcé la coordination de leurs politiques et jeté les bases d'une ...

Por Europa

y contra el sistema euro

En este Por Europa y contra el sistema euro Manolo Monereo analiza, con implacable lucidez y sobrecogedora claridad, la naturaleza del poder vigente en la Unión Europea y sus objetivos, que no son otros que someter a los Estados que configuran la Unión a un ...

The Euro crisis and its after math

The euro's life, while only slightly more than a decade long, has been riddled by a series of challenges and crises. The disparity between the prosperous Northern countries of Germany and France and the plummeting Southern countries, including Italy and Greece, has exacerbated problems ...

Economic crisis and new nationalisms

german political economy as perceives by european partners

As of a consequence of the ongoing economic crisis, in 2010 there was a marked deterioration in cross-border relations between Italy and Germany. In both countries the press published articles openly blaming economic hardship on the squandering attitude of southerners or the egoistic and mercantilist ...

The Euro area and the financial crisis

The financial crisis of 2007-10 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ...

Cuatro bodas y un funeral

cómo salir de la crisis sin salir del Euro

David Taguas, reputado economista, reflexiona en este libro sobre la actual situación económica de nuestro país y expone sus propuestas para conseguir una pronta recuperación. En primer lugar, repasa los hechos que dieron lugar a la crisis y, para ello, relata lo que llama las ...

Business models in european banking

a pre-and post-crisis screening

The next few years will be critical for Europe's banking industry. It faces a number of financial sector reforms that will have a decisive impact on the dominant practices and business models followed across the European Union. This timely volume presents the results of ...

The Eurozone crisis and the transformation of EU governance

internal and external implications

Research on European governance is central to understanding both the process of European integration and its external influence as a laboratory for multilateralism. This volume focuses on the impact of the recent Eurozone crisis and its far-reaching implications for European governance both inside and outside ...

Faut-il sortir de l'euro?

De la Grèce à l’Italie, en passant par l’Irlande, le Portugal et l’Espagne, la zone euro est en feu. La monnaie unique censée nous protéger se révèle un piège dangereux. Tout cela avait été prévu car les défauts structurels de la zone ...

La rebelión de los PIGS

la verdad oculta de la crisis y el saqueo del sur de Europa

No eramos ni de lejos los más endeudados. Nuestros bancos, a diferencia de otros, no estaban especialmente expuestos a los productos basura made in USA. La burbuja inmobiliaria no era sólo cosa nuestra, sin embargo desde el Financial Times nos colgaron el sambenito de PIGS ...

À quoi sert la Banque centrale européenne?

Depuis sa création, la Banque centrale européenne (BCE) fait l’objet de controverses récurrentes : son indépendance vis-à-vis du pouvoir politique et sa mission centrale de stabilité des prix concentrent la plupart des critiques. Si la crise récente a permis de mesurer son importance cruciale en ...

Europe's deadlock

how the Euro crisis could be solved, and why it won't happen

In this short yet devastating analysis, David Marsh asks why five years of continuous crisis management have not only failed to resolve the Eurozone's problems but actually made things worse. Marsh argues that constructive dialogue has collapsed as EU decision-making descends into a state ...

España en el laberinto del Euro

España está realizando una devaluación interna, un ajuste de precios y costes para reducir los desequilibrios que permitan mantener la esperanza de que pueda permanecer en la eurozona. En el análisis tomo como referencia la reflexión de Keynes de la devaluación interna a la que ...

Size, risk, and governance in european banking

The financial crisis that erupted in 2007 has brought the issues of the size, risk, and regulation of banks to the attention of a wide audience. It is difficult to open a broadsheet newspaper or a business magazine without being confronted with some aspect of ...

The Euro

the beginning, the middle and the end ...?

At the outset of the euro, there was strong opposition to Britain's participation from most free-market economists. However, economists took more nuanced positions with regards to participation by the majority of current euro zone member states. Indeed, continental free-market economists were generally supportive of ...

Crisis en la eurozona

Primero fue la crisis del crédito, y gobiernos de todo el mundo intervinieron para rescatar a los bancos; después vino la crisis de la deuda soberana, que ha golpeado duramente a la eurozona. Ahora es el momento de pagar las consecuencias, y ciudadanos de a ...

The fall of the Celtic Tiger

Ireland and the euro debt crisis

By 2000, Ireland had achieved a remarkable macroeconomic performance: 10% economic growth annually, a budget surplus, and a very low debt to GDP ratio. Emigration had disappeared and there was significant immigration from Eastern Europe. Yet, by November 2010, output had collapsed to an extent ...

A Europe made of money

the emergence of the european monetary system

A Europe Made of Money is a new history of the making of the European Monetary System (EMS), based on extensive archive research. Emmanuel Mourlon-Druol highlights two long-term processes in the monetary and economic negotiations in the decade leading up to the founding of the ...