17 OCT 2024 - Welcome Back to TorrentFunk! Get your pirate hat back out. Streaming is dying and torrents are the new trend. Account Registration works again and so do Torrent Uploads. We invite you all to start uploading torrents again!
TITLE: EUROPE IN CRISIS: BOLT FROM THE BLUE?
PUBLISHER: ROUTLEDGE LANGUAGE: ENGLISH
LINK: http://is.gd/QTVeEm RELEASE TYPE: RETAIL
FORMAT: PDF RELEASE DATE: 2015.02.26
ISBN: 9780415637220 STORE DATE: 2012
SAVED.MONEY: 75 DOLLAR DISKCOUNT: 02 x 05MB
AUTHOR: IVAN BEREND
BOOK
This book analyzes the European Great Recession of 2008-12, its
economic and social causes, its historical roots, and the
policies adopted by the European Union to find a way out of it
It contains explicit debates with several economists and analysts
on some of the most controversial questions about the causes of
the crisis and the policies applied by the European Union. It
presents the cases of Iceland, Greece and Ireland, the countries
that first declined into crisis in Europe, each of them in a
different way. Iceland is a case study for reckless banking
practices, Greece of reckless public spending, and Ireland of
reckless household indebtedness. At least seven other countries
mostly from the peripheries of Europe, had similarly reckless
banking and spending practices. In the center of the book are
the economic and social causes of the crisis. Contemporary
advanced capitalism became financialized, de-industrialized and
globalized and got rid of the "straitjacket" of regulations
Solid banking was replaced by high-risk, "casino-type" activity
The European common currency also had a structural problem
monetary unification without a federal state and fiscal
unification. The other side of the same coin is European
hyper-consumerism. A new lifestyle emerged during two
super-prosperous periods in the 1950s to 1960s, and during the
1990s to 2006. Trying to find an exit policy, the European Union
turned to strict austerity measures to curb the budget deficit
and indebtedness. This book critically analyzes the debate around
austerity policy. The creation of important supra-national
institutions, and of a financial supervisory authority and
stability mechanisms, strengthens integration. The correction of
the euro's structural mistake by creating a quasi-fiscal
unification is even more important. The introduction of mandatory
fiscal rules and their supervision promises a long-term solution
for a well-functioning common currency. These measures
meanwhile, create a two-tier European Union with a fast-track
core. This book suggests that the European Union will emerge
stronger from the crisis. This book will be of particular
interest to students and researchers of economics, history
political science and international finance, but will also prove
profitable reading for practitioners and the interested public
