The Euro

The Euro
Author: Joseph E. Stiglitz
Publsiher: W. W. Norton
Total Pages: 448
Release: 2017-08-08
ISBN 10: 9780393354102
ISBN 13: 0393354105
Language: EN, FR, DE, ES & NL

The Euro Book Review:

The Nobel Prize winning economist and best-selling author explains why saving Europe may mean abandoning the euro."

Euro

Euro
Author: Joseph Stiglitz
Publsiher: Penguin Press
Total Pages: 304
Release: 2017-03-20
ISBN 10: 9780141983240
ISBN 13: 0141983248
Language: EN, FR, DE, ES & NL

Euro Book Review:

"Designed to bring Europe closer together, the euro has actually done the opposite- after nearly a decade without growth, unity has been replaced with dissent and enlargements with prospective exits. Joseph Stiglitz argues that Europe's stagnation and bleak outlook are a direct result of the fundamental flaws inherent in the euro project - economic integration outpacing political integration with a structure that actively promotes divergence rather than convergence. Money relentlessly leaves the weaker member states and goes to the strong, with debt accumulating in a few ill-favoured countries. The question now is- can the euro be saved? Laying bare the European Central Bank's misguided inflation-only mandate and explaining why austerity has condemned Europe to unending stagnation, Stiglitz outlines three possible ways forward- fundamental reforms in the structure of the Eurozone and the policies imposed on the member countries suffering the most; a well-managed end to the euro; or a bold, new system he dubs the 'flexible euro;. This important book, by one of the world's leading economists, addresses the euro-crisis on a bigger intellectual scale than any predecessor."

Building Sustainable Agriculture for Food Security in the Euro Mediterranean Area

Building Sustainable Agriculture for Food Security in the Euro Mediterranean Area
Author: Maria Cristina Paciello
Publsiher: Edizioni Nuova Cultura
Total Pages: 336
Release: 2015-06-19
ISBN 10: 8868125080
ISBN 13: 9788868125080
Language: EN, FR, DE, ES & NL

Building Sustainable Agriculture for Food Security in the Euro Mediterranean Area Book Review:

Sustainable agrocolture and food security are of particular concern for the countries of the Middle East and North Africa (MENA) region, and represent one of the biggest challenges facing the area. As a consequence of the region’s heavy reliance on food imports, the sharp increase in food prices since 2007 and the consequent world food crisis has had macro-economic problems (inflation, trade deficits, fiscal pressure), increased poverty and political instability. This challenge, coupled with the consequences of environmental degradation, water scarcity, urbanization and climate stress, call for the urgent development of sustainable agriculture has mostly been ignored in Euro-Mediterranean relations, due to strong opposition from the EU. However, academics and policymakers have increasingly acknowlendged that agriculture that needs to be placed at the core of Euro-Mediterranean regional cooperation. Given the sensitiveness and strategic importance of agriculture for both shores of the Mediterranean, the IAI and the OCP Policy Center jointly organized a two-day conference in Rabat on November 20-21, 2014, to discuss food security and agriculture challeges in the framework of Euro-Mediterranean relations. The present colume collects the updated and revised versions of the twelve papers that were discussed in that meeting.

The Euro

The Euro
Author: Amy Verdun
Publsiher: Rowman & Littlefield
Total Pages: 282
Release: 2002
ISBN 10: 9780742518841
ISBN 13: 0742518841
Language: EN, FR, DE, ES & NL

The Euro Book Review:

With euro banknotes and coins starting to circulate as of January 2002, this timely book comes at a crucial juncture for the European Union. Exploring the origins of and progress toward the introduction of the euro, the contributors focus on the importance of economic and monetary union (EMU) as part of the larger process of European integration. Thus, chapters consider the value and limits of a range of theoretical approaches for understanding economic and monetary integration, the pros and cons of EMU's institutional design, and country-specific experiences. With an international group of leading scholars representing a range of disciplines, this book offers a broad perspective on the dynamics of EMU.

Rising Powers and Economic Crisis in the Euro Area

Rising Powers and Economic Crisis in the Euro Area
Author: Ferdi De Ville,Mattias Vermeiren
Publsiher: Springer
Total Pages: 155
Release: 2016-06-15
ISBN 10: 113751440X
ISBN 13: 9781137514400
Language: EN, FR, DE, ES & NL

Rising Powers and Economic Crisis in the Euro Area Book Review:

In this book, Ferdi De Ville and Mattias Vermeiren examine the linkages between the economic crisis in the euro area and the rise of Brazil, India and China (BICs) in the global monetary and trading system. Drawing on the insights of the comparative capitalism literature, the authors show that the latter development has been a key source of the escalation of trade imbalances in the euro area, which are widely seen as an important cause of the financial and economic crisis in the region. By pointing to the external source of these imbalances and the divergent institutional capacity of the euro area countries to deal with the intensified competition associated with the rise of the BICs, De Ville and Vermeiren go beyond the focus on the divergence in unit labor costs as the driving force of these imbalances. As such, this book provides a comprehensive policy critique of the EU’s export-led growth strategy based on declining unit labor costs.

The Economic Consequences of the Euro

The Economic Consequences of the Euro
Author: Stefan Kawalec,Ernest Pytlarczyk,Kamil Kami ński
Publsiher: Routledge
Total Pages: 212
Release: 2019-12-05
ISBN 10: 0429624182
ISBN 13: 9780429624186
Language: EN, FR, DE, ES & NL

The Economic Consequences of the Euro Book Review:

This book presents a new narrative on the eurozone crisis. It argues that the common currency has the potential to kill the European Union, and the conventional wisdom that the eurozone can be fixed by a common budget and further political integration is incorrect. The authors address key questions such as why the European Union and the single market have been successful, why the common currency poses a threat to European integration, and whether it is possible to either fix the eurozone or dissolve it while keeping the EU and the single market. Contrary to the view that it would be best if the Southern European countries left the eurozone first, the book makes the case that the optimal solution would be to start the process with the most competitive countries exiting first. The authors argue that a return to national currencies would be beneficial not only to the crisis-ridden southern countries, but also to France and Germany, which were the main promoters of the single currency. An organised unwinding of the euro area would be beneficial both for the European economy and for Europe’s main trading partners. The authors contend that to defend the euro at all costs weakens the European economy and threatens the cohesion of the European Union. If pro-European and pro-market EU leaders do not dismantle the eurozone, it will most likely be done by their anti-European and anti-market successors. If that happens, the European Union and the common market will be destroyed. This book will be a useful and engaging contribution to the existing literature in the fields of macro, monetary and international finance and economics.

The Birth of the Euro

The Birth of the Euro
Author: Otmar Issing
Publsiher: Cambridge University Press
Total Pages: 296
Release: 2008-09-18
ISBN 10: 9780521731867
ISBN 13: 0521731860
Language: EN, FR, DE, ES & NL

The Birth of the Euro Book Review:

Today, 318 million people in 15 countries use the Euro, which now rivals the importance of the US Dollar in the world economy. This is an outcome that few would have predicted with confidence when the Euro was launched. How can we explain this success and what are the prospects for the future? There is nobody better placed to answer these questions than Otmar Issing, who as a founding member of the Executive Board of the European Central Bank (1998-2006), was one of the Euro's principal architects. His story is a unique insider account, combining personal memoir with reference to the academic and policy literature. Free of jargon, this is a very human reflection on a unique historical experiment and a key reference for all academics, policy makers, and 'Eurowatchers' seeking to understand how the Euro has got to where it is today and what challenges lie ahead.

Multi Level Finance and the Euro Crisis

Multi Level Finance and the Euro Crisis
Author: Ehtisham Ahmad,Giorgio Brosio
Publsiher: Unknown
Total Pages: 384
Release: 2016-01-29
ISBN 10: 9781784715106
ISBN 13: 1784715107
Language: EN, FR, DE, ES & NL

Multi Level Finance and the Euro Crisis Book Review:

Representing a unique contribution to the analysis and discussion of the unfolding Eurozone crisis in terms of the relationship between central and local government, this book addresses a number of important fiscal and political economy questions. To what extent have local and regional governments contributed to the crisis? To what degree have subnational services and investments borne the brunt of the adjustments? How have multi-level fissures affected tensions between different levels of government from the supranational to the local? This volume covers these and many other critical issues that have been largely ignored despite their relevance.

The Euro Experiment

The Euro Experiment
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2022
ISBN 10: 1107104890
ISBN 13: 9781107104891
Language: EN, FR, DE, ES & NL

The Euro Experiment Book Review:

EURO What is it and how does it work

EURO  What is it and how does it work
Author: Stefano Calicchio
Publsiher: Stefano Calicchio
Total Pages: 135
Release: 2021-03-19
ISBN 10: 1928374650XXX
ISBN 13: 9791220279697
Language: EN, FR, DE, ES & NL

EURO What is it and how does it work Book Review:

Why was the euro created and how does it work? What caused the difficulties of the European currency and what solutions are being adopted to stop the instability that is frightening the entire financial world? The dream of a single currency and a single market has been nurtured in Europe for many generations. The euro has brought Europe considerable advantages, but it has also profoundly changed the balance of European economies. In this essay we will start from the base, explaining what the Euro is and what are the causes that have put it in crisis. We will see what strategies have been adopted to overcome the most difficult and dramatic moments experienced by the economy since the birth of the euro, and we will explain what proposals and initiatives individual countries have put forward to remedy the difficult situation and to relaunch the role of the euro on the continent and in the world.

The Euro and the Battle of Ideas

The Euro and the Battle of Ideas
Author: Markus K. Brunnermeier,Harold James,Jean-Pierre Landau
Publsiher: Princeton University Press
Total Pages: 456
Release: 2018-09-18
ISBN 10: 0691178410
ISBN 13: 9780691178417
Language: EN, FR, DE, ES & NL

The Euro and the Battle of Ideas Book Review:

Why is Europe’s great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival. Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe’s future.

Introduction of the Euro and the Monetary Policy of the European Central Bank

Introduction of the Euro and the Monetary Policy of the European Central Bank
Author: Shigeyuki Hamori,Naoko Hamori
Publsiher: World Scientific
Total Pages: 199
Release: 2010
ISBN 10: 9812838430
ISBN 13: 9789812838438
Language: EN, FR, DE, ES & NL

Introduction of the Euro and the Monetary Policy of the European Central Bank Book Review:

"Marking the 10th anniversary of the creation of the European Central Bank (ECB) and the Euro, this invaluable book analyzes the monetary policy of the ECB - the guardian of the Euro - by using recently developed econometric methods. The analysis performed in this book marks a substantial contribution toward understanding the significance of the Euro area as well as the future of the Euro from an International perspective." --Book Jacket.

Perspectives on Development

Perspectives on Development
Author: E. George H. Joffé,George Joffe
Publsiher: Taylor & Francis
Total Pages: 282
Release: 1999
ISBN 10: 9780714644998
ISBN 13: 0714644994
Language: EN, FR, DE, ES & NL

Perspectives on Development Book Review:

The Euro-Mediterranean Partnership Initiative, launched by the Barcelona Conference in 1995, is the most ambitious project to date directed at comprehensive prosperity and security in the Mediterranean region. Yet the assumptions on which it is based are untried and untested. This study seeks to analyse what they are and to draw some conclusions as to the potential of the Initiative for success by comparing it with other experiences of regional develoment.

Central Banks in the Age of the Euro

Central Banks in the Age of the Euro
Author: Kenneth Dyson,Martin Marcussen
Publsiher: Oxford University Press
Total Pages: 451
Release: 2009-07-30
ISBN 10: 0199218234
ISBN 13: 9780199218233
Language: EN, FR, DE, ES & NL

Central Banks in the Age of the Euro Book Review:

The age of the euro has cast central banks in a newly prominent role in European integration and in macro-economic policy making in Europe. This text examines the effects of the euro as the new European single currency on the central banks of the member states of the European Union.

The Euro The Dollar and the Global Financial Crisis

The Euro  The Dollar and the Global Financial Crisis
Author: Miguel Otero-Iglesias
Publsiher: Routledge
Total Pages: 262
Release: 2014-09-19
ISBN 10: 1317636759
ISBN 13: 9781317636755
Language: EN, FR, DE, ES & NL

The Euro The Dollar and the Global Financial Crisis Book Review:

This book analyses how financial elites in key dollar-holding emerging markets perceive the contest between the euro and the dollar for global currency status. It also assesses how far the Eurozone has gone in challenging US hegemony in monetary affairs through the prism of these elites. Drawing on Chartalist and Constructivist theories of money, the author provides a systematic approach to studying global currency dynamics and presents extensive original empirical data on financial elites in China, Saudi Arabia, the UAE and Brazil. The author demonstrates, amongst other things, how the gradual ascendance of a structurally flawed currency like the euro has highlighted the weaknesses of the dollar ad how the euro has demonstrated that sovereignty sharing in monetary affairs is possible and that the international monetary system can be a multicurrency and multilateral system. In this highly innovative and important book, Otero-Iglesias shows the importance of studying financial elites in Brazil, China and the GCC countries in order to understand the full impact, material and ideational, of the euro in the transformation of the IMS. It will be vital reading for students and scholars of International Political Economy, International Economics, International Finance, Economic History, Economic Sociology, International Relations, Comparative Political Economy and Comparative Politics.

The Euro Crisis Institutional and structural problems responsible for the Euro crisis

The Euro Crisis  Institutional and structural problems responsible for the Euro crisis
Author: William Baxter
Publsiher: GRIN Verlag
Total Pages: 11
Release: 2019-04-10
ISBN 10: 3668920109
ISBN 13: 9783668920101
Language: EN, FR, DE, ES & NL

The Euro Crisis Institutional and structural problems responsible for the Euro crisis Book Review:

Essay from the year 2018 in the subject Economics - Other, grade: 39.5/40, University of Queensland, language: English, abstract: Although catalysed by the Global Financial Crisis (GFC) of 2007-2008, substantial responsibility for the Euro crisis can be attributed to the institutional and structural problems entrenched in the design of the European Economic and Monetary Union (EMU). The crisis led to subdued growth and record levels of unemployment in the economies of Greece, Ireland, Italy, Portugal and Spain – collectively known as the GIIPS – and the wider eurozone. The beginnings of the crisis were in the sovereign debt problems of these countries, the causes of which varied from successive unsustainable government deficits in Greece, to bank guarantees and bailouts shifting private debt into public hands in Ireland and Spain. What these sovereign debt crises had in common, however, were the structural and institutional problems of the EMU, which both created the conditions for, and prevented the recovery of, the wider Euro crisis. This essay will outline these problems. First, institutions and structures in the political economy will be briefly defined. Secondly, the inability of a united monetary policy to cater for the differences between northern and southern European varieties of capitalism will be examined. Thirdly, the structures and institutions hindering a swift and effective economic recovery will be outlined. Finally, the viability of proposed recovery approaches will be evaluated.

Optimal Currency Areas and the Euro Volume I

Optimal Currency Areas and the Euro  Volume I
Author: Johannes Kabderian Dreyer,Peter Alfons Schmid
Publsiher: Springer Nature
Total Pages: 119
Release: 2020-06-12
ISBN 10: 3030465152
ISBN 13: 9783030465155
Language: EN, FR, DE, ES & NL

Optimal Currency Areas and the Euro Volume I Book Review:

This book analyses business cycles synchronization in the Euro Area (EA), one of the 3 criteria that define Optimal Currency Areas (OCAs). Even before its launch, economists questioned whether the EA has what it takes to become an OCA. The onset of the sovereign debt crisis in 2010 confirmed the challenges relating to its construction. But did the EA change over time, and what key drivers may be necessary in the future to strengthen the common currency?

The Concrete Euro

The Concrete Euro
Author: Paul Mercier,Francesco Papadia
Publsiher: OUP Oxford
Total Pages: 416
Release: 2014-10-02
ISBN 10: 0191043605
ISBN 13: 9780191043604
Language: EN, FR, DE, ES & NL

The Concrete Euro Book Review:

The euro area's framework for monetary policy implementation was introduced in 1999. Eleven years on, this volume examines the theoretical and historical underpinnings of the framework, how it has fared in practice, and what challenges it is likely to face in the future. The technology serving the implementation of monetary policy has historically been the exclusive preserve of a narrow group of specialists but the recent global financial crisis brought the issue into the public eye, as the supply of base money exploded while inflation risked turning into deflation. This book addresses all the aspects of monetary policy implementation, with particular emphasis on the European Central Bank and the euro, allowing a more informed assessment of a neglected, but important, aspect of economic life, and a better understanding of the exceptional developments brought about by the financial crisis. Written by the leading money market operators at the European Central Bank who were involved in creating and implementing the framework, and who are still managing monetary policy implementation at the Bank today, this book provides a rare insider account of how the framework has evolved, how it works in practice, and the challenges of monetary policy implementation going forward.

The Euro in the 21st Century

The Euro in the 21st Century
Author: María Lorca-Susino
Publsiher: Ashgate Publishing, Ltd.
Total Pages: 334
Release: 2010
ISBN 10: 1409404196
ISBN 13: 9781409404194
Language: EN, FR, DE, ES & NL

The Euro in the 21st Century Book Review:

Clarifies the perception of the euro and demonstrates that the euro has become a true common currency and the Eurozone a true optimal currency area, presenting, in turn, a model to imitate. This title sheds light on how the economic and monetary circumstances affect the euro project through and analysis of three intertwined issues.

Tangled Governance

Tangled Governance
Author: C. Randall Henning
Publsiher: Oxford University Press
Total Pages: 312
Release: 2017-03-24
ISBN 10: 0192521950
ISBN 13: 9780192521958
Language: EN, FR, DE, ES & NL

Tangled Governance Book Review:

Tangled Governance addresses the institutions that were deployed to fight the euro crisis, reestablish financial stability in Europe, and prevent contagion to the rest of the world. Henning explains why European leaders chose to include the International Monetary Fund (IMF) in the crisis response and provides a detailed account of the decisions of the institutions that make up the troika (the European Commission, European Central Bank, and IMF). He examines the institutions negotiating strategies, the outcomes of their interaction, and the effectiveness of their cooperation. The institutional strategies of key member states, including Germany and the United States, are also explored in this study. The book locates its analysis within the framework of regime complexity, involving clusters of overlapping and intersecting regional and multilateral institutions. It tests conjectures in the regime-complexity literature against the seven cases of financial rescues of euro area countries that were stricken by crises between 2010 and 2015. Tangled Governance concludes that states use some institutions to control others, that complexity is the consequence of a strategy to control agency drift. States mediate conflicts among institutions and thereby limit fragmentation of the regime complex and underpin substantive efficacy. In reaching these conclusions, the book also answers several key puzzles, including why Germany and other northern European countries supported IMF inclusion despite its adopting positions opposed to their preferences; why crisis fighting arrangements endured intense conflicts among the institutions; and, finally, why the United States and the IMF promoted further steps to complete the monetary union.