Post-Crisis Growth and Integration in Europe

Post-Crisis Growth and Integration in Europe
Author: E. Nowotny
Publisher: Edward Elgar Publishing
Total Pages: 337
Release: 2011-01-01
Genre: Business & Economics
ISBN: 0857932918

Against the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European (CESEE) countries. Whilst having emerged relatively unscathed from the crisis, the CESEE economies nonetheless need to adjust to the new external conditions they will encounter. In this respect, decision-makers are faced with multiple sources of uncertainty: will post-crisis growth be the same as pre-crisis growth? What will be the future role of financial integration, growth financing and exports? What are the particular challenges facing monetary policy-makers and the banking sector in the region? On these issues and related topics, the book provides a multi-disciplinary assessment, combining the views of high-ranking central bankers and other policy-makers, commercial bankers and academics. Economists and students of economic policy and European integration from central, commercial and investment banks, governments, international organizations, universities and research institutes will find this book of great interest and importance, especially those working on Central, Eastern and South-Eastern Europe.

Governance and Politics in the Post-Crisis European Union

Governance and Politics in the Post-Crisis European Union
Author: Ramona Coman
Publisher: Cambridge University Press
Total Pages: 445
Release: 2020-08-27
Genre: Political Science
ISBN: 1108482260

An original new textbook providing an up-to-date, critical perspective of how the EU works, and what issues it faces, in the post-crisis era.

European Union

European Union
Author: Vasileios Vlachos
Publisher: Springer
Total Pages: 281
Release: 2019-06-14
Genre: Business & Economics
ISBN: 3030181030

This book discusses the unprecedented impact of the financial and economic crisis on government finances and economic performance across Europe, which has raised skepticism on the ability of the current course of integration to promote prosperity. Correspondingly, the European Union is about to contract for the first time in its history. This timely book covers the economic issues that challenge the future of integration in Europe. The chapters are authored by international experts and examine current and emerging challenges and trends for the European Union: economic convergence, monetary policy, competition law, transport policy, the informal sector, employment, recovery and enlargement. Four chapters focus on Greece, which has been the greatest challenge faced by European institutions in the context of the sovereign debt crisis, and one chapter discusses the possible costs of Brexit. The reader will benefit from understanding the key economic challenges, which, if effectively addressed, will lead to deepening the union, or in contrast to a multi-speed Europe.

After the Crisis

After the Crisis
Author: Francesco Caselli
Publisher: Oxford University Press
Total Pages: 210
Release: 2016-06-30
Genre: Business & Economics
ISBN: 0191069841

After the Crisis reassesses the twin projects of structural reform and European integration in the wake of the Great Recession and the European Sovereign Debt Crisis. The introduction compares the pre-crises debate to the current situation, and highlights a number of ways in which both reform and further integration may have become more difficult. Chapter 1 surveys the state of the structural-reform agenda, its successes, failures, and priorities for further action. The second chapter focuses on the fiscal-policy response to the crisis and advocates a greater balance between supply-side reforms and demand-side management. The third chapter focuses on the asymmetric shocks across economies in the monetary union, and discusses institutional mechanisms to reduce their frequency and impact. Chapter 4 examines the cyclical behavior of output and financial indicators, as well as the counter-cyclical role of macro-financial policies, both at the national and the European level. The fifth chapter studies changes in Europeans' attitudes, showing how the recent crises have eroded public confidence in European institutions. The sixth chapter tackles the demographic challenges facing Europe, and particularly the way that demographic change may impact the reform agenda. Chapter 7 highlights the under-appreciated extent to which 'Europe', taken as a whole, is characterized by a substantial amount of inequality and geographical income clustering, and the challenge this poses for further integration.

Asymmetric Crisis in Europe and Possible Futures

Asymmetric Crisis in Europe and Possible Futures
Author: Johannes Jäger
Publisher: Routledge
Total Pages: 276
Release: 2015-04-10
Genre: Political Science
ISBN: 1317652975

The crisis in Europe is often discussed as a crisis of European integration or a crisis of national economies within Europe. Both the ‘methodological Europeanism’ and ‘methodological nationalism’ miss out the important links between economic and political processes at different spatial scales within Europe, and therefore, asymmetries and phenomena of uneven development. In addition, a discussion of possible scenarios which systematically addresses the implications of anti-crisis policies is missing. This volume seeks to close this gap by systematically integrating the analysis of economic policy or ‘technical’ solutions to the crisis within a broader framework of political economy. It argues that combining critical political economy approaches and post-Keynesian perspectives allows for a systematic understanding of the economic and political dimensions of the crisis. Although both approaches have the capacity to deal with asymmetries and uneven development, the heterogeneity in Europe has been an often largely neglected dimension of analysis. However, this recent crisis has shown that this is an essential dimension which has to be addressed in order to better understand the dynamics of European development and integration. Hence, this book aims to deal with asymmetries in Europe and to bridge the gap between the two perspectives. This work will initiate an integrative debate that is crucial for a deeper understanding of the current crisis and is an important resource for all students and scholars of IPE, European political economy and European politics.

Europe and the Spectre of Post-Growth Society

Europe and the Spectre of Post-Growth Society
Author: Piotr A. Świtalski
Publisher: Council of Europe
Total Pages: 178
Release: 2014-01-01
Genre: Political Science
ISBN: 9287178992

Europe has been going through its most serious crisis of values since the fall of communism. In public discourse, economic and social pressures have overshadowed the other dimensions of the crisis, including societal values. However, the crisis of values would appear to be more than simply an effect of the recession. Europeans have lost trust in democratic institutions at all levels: European, national and local. Rising xenophobia and discrimination against minorities undermine the vitality of the European model of tolerance. Europe is plagued by endemic corruption which costs it more than €100 billion annually, triggering political instability. Some believe that once Europe is back on the path of growth the crisis of values will disappear, and that there will be a resurgence of faith in European integration. But in the long term, growth in Western societies may be impaired by serious “headwinds” resulting from demographic trends and rising inequalities, and Europe may become the first post-growth society. European societies are already changing their traditional characteristics as a result of exposure to the effects of two global mega-trends: the empowerment of the individual and cosmopolitisation. Can the European project be of relevance when addressing these challenges? What role in this process can be played by the Council of Europe, which is the embodiment of the idea that Europe is big-ger than the European Union and the European agenda is richer than the economy and politics?

Rethinking the Union of Europe Post-Crisis

Rethinking the Union of Europe Post-Crisis
Author: Giandomenico Majone
Publisher: Cambridge University Press
Total Pages: 379
Release: 2014-04-24
Genre: Business & Economics
ISBN: 1107063051

Provocative and timely examination of European integration and the specific methods that lead to a hazardous monetary union. Includes a deeper investigation of the specific crisis of monetary integration and argues how integration might be more effectively achieved with inter-jurisdictional competition.

A New Model for Balanced Growth and Convergence

A New Model for Balanced Growth and Convergence
Author: Ewald Nowotny
Publisher: Edward Elgar Publishing
Total Pages: 259
Release: 2013-10-31
Genre: Business & Economics
ISBN: 1782548173

This book will prove a thought-provoking read for academics, researchers and students in the fields of economics _ particularly international economics _ and finance, money and banking. Policy-makers and economists interested in European integration an

Europe and the Euro

Europe and the Euro
Author: Enrico Marelli
Publisher: Springer
Total Pages: 194
Release: 2016-11-17
Genre: Business & Economics
ISBN: 3319457292

This book offers a fresh perspective on the recent Eurozone "double crisis" and its related economic policies. The authors present empirical evidence which sheds new light on the growing economic and political debate on the future of the Euro, the Eurozone and the EU. The book investigates and assesses the impact of the crisis with particular reference to monetary and fiscal policy, whose protracted austerity approach has dampened economic growth. In their discussion of the long-run European integration process, the authors emphasize the original weaknesses in the construction of the European Monetary Union and examine its failure to respond to the recent crisis. The concluding chapter focuses on the need for crucial reform in European governance and discusses the impact of the UK’s recent EU membership referendum. Scholars, students and members of the general public with an interest in the future of the Eurozone will find this work thought-provoking, instructive and highly informative.

Peripheral Europe

Peripheral Europe
Author: Ksenija Vidmar Horvat
Publisher: Cambridge Scholars Publishing
Total Pages: 216
Release: 2020-09-29
Genre: History
ISBN: 1527560120

This book looks at the financial (2007-2008) and the refugee (2015-present) crises and post-crisis development in the EU. The key argument here is that the (mis)management of these crises has been in part conditioned by the specific course of the Europeanisation which occurred during the integration of the post-socialist East. The enlargement processes ran on the premises of a shared European identity, in effect turning the social contract of the new Europe into a cultural contract. This has resulted in betraying the commitment to core values of democratic development, both East and West. The book specifically studies the impact of the “cultural turn” through the discourse of the transition in the Balkan periphery of the ex-Yugoslavian region. Based on rich theoretical and regionally specific empirical research, it will be of interest to scholars in the fields of EU integration, Eastern European studies, cultural studies, studies of post-socialism, and border studies.