The euro and the battle of ideas /
"Why is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pier...
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Otros Autores: | , |
Formato: | Libro |
Lenguaje: | Inglés |
Publicado: |
Princeton ; Oxford :
Princeton University Press,
c2016.
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Materias: | |
Aporte de: | Registro referencial: Solicitar el recurso aquí |
Tabla de Contenidos:
- Introduction
- Part I: Power shifts and German-French differences. Power shifts ; Historical roots of German-French differences ; German-French differences in economic philosophies
- Part II: Monetary and fiscal stability : the ghost of Maastricht. Rules, flexibility, credibility, and commitment ; Liability versus solidarity : no-bailout clause and fiscal union ; Solvency versus liquidity ; Austerity versus stimulus
- Part III: Financial stability : Maastricht's stepchild. The role of the financial sector ; Financial crises : mechanisms and management ; Banking union, European safe bonds, and exit risk
- Part IV: Others' perspectives. Italy ; Anglo-American economics and global perspectives ; The International Monetary Fund (IMF) ; European Central Bank (ECB)
- Conclusion: Black and white or twenty-eight shades of gray?