The European Union After the Crisis

Nonfiction, Social & Cultural Studies, Political Science
Cover of the book The European Union After the Crisis by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781317495611
Publisher: Taylor and Francis Publication: October 2, 2017
Imprint: Routledge Language: English
Author:
ISBN: 9781317495611
Publisher: Taylor and Francis
Publication: October 2, 2017
Imprint: Routledge
Language: English

The global financial and economic crisis struck the European Union and its member states with particular force from 2009 onwards. The immediate problem was the knock-on effects of the crisis on each country’s public finances. Bank bail-outs imposed a massive increase in sovereign debt on member states, while the economic recession unavoidably led to ballooning budget deficits via the usual mechanisms of reduced taxes and increased welfare spending. Subsequently, the Eurozone sovereign debt crisis exposed the hidden weaknesses in the monetary and financial arrangements that had accompanied the launch of the Euro; the severe economic imbalance between member states, rooted in longer-term structural divergences, and the inadequate institutional mechanisms for resolving these difficulties.

This book originated from an EU-funded international research network on "Systemic Risks, Financial Crises and Credit: the Roots, Dynamics and Consequences of the Sub-Prime Crisis". Contributions explore and evaluate some of the ways in which the institutions and policies of the European Union and its member states have changed in response to the problems brought about by the crisis. This book was originally published as a special issue of the Journal of Contemporary European Studies.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The global financial and economic crisis struck the European Union and its member states with particular force from 2009 onwards. The immediate problem was the knock-on effects of the crisis on each country’s public finances. Bank bail-outs imposed a massive increase in sovereign debt on member states, while the economic recession unavoidably led to ballooning budget deficits via the usual mechanisms of reduced taxes and increased welfare spending. Subsequently, the Eurozone sovereign debt crisis exposed the hidden weaknesses in the monetary and financial arrangements that had accompanied the launch of the Euro; the severe economic imbalance between member states, rooted in longer-term structural divergences, and the inadequate institutional mechanisms for resolving these difficulties.

This book originated from an EU-funded international research network on "Systemic Risks, Financial Crises and Credit: the Roots, Dynamics and Consequences of the Sub-Prime Crisis". Contributions explore and evaluate some of the ways in which the institutions and policies of the European Union and its member states have changed in response to the problems brought about by the crisis. This book was originally published as a special issue of the Journal of Contemporary European Studies.

More books from Taylor and Francis

Cover of the book International Dictionary of Banking and Finance by
Cover of the book State Propaganda in China's Entertainment Industry by
Cover of the book Biodiversity Conservation in Latin America and the Caribbean by
Cover of the book The Intimate Lives of Disabled People by
Cover of the book Spirituality and Coping with Loss by
Cover of the book New Directions in Sustainable Design by
Cover of the book Companion Encyclopedia of the History and Philosophy of the Mathematical Sciences by
Cover of the book Building Global Infrastructure by
Cover of the book Instruments, Travel and Science by
Cover of the book The Munda Languages by
Cover of the book Jung and Film II: The Return by
Cover of the book The Rise of Stadiums in the Modern United States by
Cover of the book Biblical Narratives of Israelites and their Neighbors by
Cover of the book The Power of Silence by
Cover of the book Dimensions of the Community College by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy