Macrofinancial linkages have long been at the core of the IMF's mandate to oversee the stability of the global financial system. With the advent of the economic crisis, the Fund has drawn on its research in order to contribute to critical debates on the nature of appropriate pol…
Macrofinancial linkages have long been at the core of the IMF's mandate to oversee the stability of the global financial system. With the advent of the economic crisis, the Fund has drawn on this research in order to contribute to critical debates on the nature of appropriate po…
"Since the first edition of this book, the world's financial system went through its greatest crisis for a century. What made this crisis unique is that severe financial problems emerged simultaneously in many different countries and that its economic impact was felt throughout …
Gustav Peebles takes an anthropological look at two seemingly separate developments in Europe at the turn of the millennium: the rollout of the euro and the building of new transnational regions such as the Oresund Region, envisioned as a melding of Copenhagen, Denmark, with Mal…
"In the wake of the euro crisis, the European Union has been transformed in many ways. Is it now on the right track? The euro crisis, the steps taken to manage it, and the resulting transformations have triggered a necessary process of reconsidering economic governance in the Eu…
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
"The financial crisis of 2007-2010 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 ex…
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
"The financial crisis of 2007-2010 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 ex…
"In the EU experience, the very concept of union was formally used for the first time in the preamble of the 1957 Rome Treaty establishing the European Economic Community (EEC), when the signatory states expressed their determination "to lay the foundations of an ever-closer uni…
"In the EU experience, the very concept of union was formally used for the first time in the preamble of the 1957 Rome Treaty establishing the European Economic Community (EEC), when the signatory states expressed their determination "to lay the foundations of an ever-closer uni…
Successive enlargements to the European Union membership have transformed it into an economically, politically and culturally heterogeneous body with distinct vulnerabilities in its multi-level governance. This book analyses core-periphery relations to highlight the growing clea…
Successive enlargements to the European Union membership have transformed it into an economically, politically and culturally heterogeneous body with distinct vulnerabilities in its multi-level governance. This book analyses core-periphery relations to highlight the growing clea…
"Today Europe finds itself in a crisis that casts a dark shadow over an entire generation. The seriousness of the crisis stems from one core political contradiction at the heart of the European project: namely, that what urgently needs to be done is also extremely unpopular and …
"Today Europe finds itself in a crisis that casts a dark shadow over an entire generation. The seriousness of the crisis stems from one core political contradiction at the heart of the European project: namely, that what urgently needs to be done is also extremely unpopular and …
"The euro was generally considered a success in its first decade. Nevertheless, the 'unanticipated' financial crisis in the summer of 2007 has developed gradually into the worst global economic crisis in post-war economic history and a sovereign debt crisis, calling into questio…
The Euro area sovereign debt crisis has been the greatest threat to the euro since its inception, but the consequences of the crisis go well beyond the realm of macroeconomics: the crisis has cast doubt on the viability of a mechanism of integration such as the one envisaged in …
When Greece's economic troubles began to threaten the stability of the European Union in 2010, the nation found itself in the center of a whirlwind of international finger-pointing. In the years prior, Greece appeared to be politically secure and economically healthy. Upon its e…
Can the euro area survive without a more centralized economic policy? What lessons can be drawn from Economic and Monetary Union about new modes of policy-making in the European Union? Have euro area members spoken with one voice on the international stage and what does this mea…
Can the euro area survive without a more centralized economic policy? What lessons can be drawn from Economic and Monetary Union about new modes of policy-making in the European Union? Have euro area members spoken with one voice on the international stage and what does this mea…
