Democracy and Debt - the European Debt Crisis

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Author :
Publisher : Matt Buttsworth
ISBN 13 : 1471031861
Total Pages : 18 pages
Book Rating : 4.4/5 (71 download)

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Book Synopsis Democracy and Debt - the European Debt Crisis by :

Download or read book Democracy and Debt - the European Debt Crisis written by and published by Matt Buttsworth. This book was released on with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Crisis Management and Democracy

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Author :
Publisher : Springer Nature
ISBN 13 : 3030548953
Total Pages : 372 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Financial Crisis Management and Democracy by : Bettina De Souza Guilherme

Download or read book Financial Crisis Management and Democracy written by Bettina De Souza Guilherme and published by Springer Nature. This book was released on 2020-12-09 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.

The Debt Crisis and European Democratic Legitimacy

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Author :
Publisher : Springer
ISBN 13 : 1137298014
Total Pages : 96 pages
Book Rating : 4.1/5 (372 download)

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Book Synopsis The Debt Crisis and European Democratic Legitimacy by : H. Macartney

Download or read book The Debt Crisis and European Democratic Legitimacy written by H. Macartney and published by Springer. This book was released on 2013-07-23 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Huw Macartney examines the conflicting movements gripping Europe. He explains why 'more Europe and less democracy' seems to be the order of the day. He argues that state managers responses reflect a long-term disquiet about the economic consequences of democracy. Through a critical engagement with ordo-liberal and neo-liberal intellectual traditions, Macartney explains why participation and consent have given way to coercion and depoliticisation. Financial speculation and growing social unrest have thus fuelled attempts to further mystify the political character of economic policymaking. This comes at precisely the time when the everyday life of European citizens is most affected by the decisions of political classes at the heart of Europe. There are strong reasons to believe though that the kind of violent outbreaks in Greece and elsewhere point to the limitations of this authoritarian, undemocratic governing strategy. The end-result could prove devastating for Europe.

The Debt Crisis in the Eurozone

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Author :
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1443861014
Total Pages : 550 pages
Book Rating : 4.4/5 (438 download)

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Book Synopsis The Debt Crisis in the Eurozone by : Nikos Petropoulos

Download or read book The Debt Crisis in the Eurozone written by Nikos Petropoulos and published by Cambridge Scholars Publishing. This book was released on 2014-06-02 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past four years, the countries of the European periphery – the so-called PIIGS (Portugal, Ireland, Italy, Greece and Spain) – have been experiencing an economic-financial crisis that can only be compared to the Great Depression. To solve the crisis, the EU and the IMF instituted bailout programs for the debit countries on conditions of austerity and structural reforms. In this volume 20 social scientists, using both theoretical and empirical tools, delve into the causes and the social impacts of this crisis. The volume also provides an excellent background for a better comprehension of the dynamics of structural and political changes now taking place within the European Union. The social impacts cover a range of consequences, including poverty, unemployment, anti-migrant attitudes, a decline of welfare and health indicators, post-traumatic stress disorders, national humiliation, political alienation and social protest. The authors analyse the “international” and the “domestic” causes of the crisis, while some of them underline the importance of both factors. In the concluding chapter, the editors undertake a synthesis of the previous chapters, and extract a number of policy recommendations that – if adopted – could transform the current financial crisis into a growth-opportunity for the European Union and its member states.

The European Central Bank between the Financial Crisis and Populisms

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Author :
Publisher : Springer Nature
ISBN 13 : 3030443485
Total Pages : 197 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis The European Central Bank between the Financial Crisis and Populisms by : Corrado Macchiarelli

Download or read book The European Central Bank between the Financial Crisis and Populisms written by Corrado Macchiarelli and published by Springer Nature. This book was released on 2020-08-25 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​In light of the handover from the European Central Bank President Mario Draghi to Christine Lagarde in November 2019, this book provides an in-depth analysis of the events which unfolded since the euro area sovereign debt crisis in 2010 up until today. The book focuses on the far-reaching implications of the last decade, shedding light on a wide spectrum of political, economic and financial aspects of the European poly-crises and how monetary policy reacted to these challenges. The book places particular emphasis on the tensions that the supranational central bank was subject to during this period, and on their outcomes in terms of the policies, their legitimacy, and their public reception. As such, this book will be relevant not only to understand the political implications of the past crisis but also, and foremost, in understanding "what is next".

The European Central Bank

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Author :
Publisher : Springer
ISBN 13 : 023050311X
Total Pages : 272 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis The European Central Bank by : D. Howarth

Download or read book The European Central Bank written by D. Howarth and published by Springer. This book was released on 2004-12-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Howarth and Peter Loedel provide a theoretically inspired account of the creation, design and operation of the European Central Bank. Issues explored include the theoretical approaches to the ECB, the antecedents of European monetary authority, the different national perspectives on central bank independence, the complex organization of the bank, the issues of accountability and the difficult first years of the ECB in operation.

Debt Default and Democracy

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 178811793X
Total Pages : 224 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis Debt Default and Democracy by : Giuseppe Eusepi

Download or read book Debt Default and Democracy written by Giuseppe Eusepi and published by Edward Elgar Publishing. This book was released on 2018 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The original chapters in this book connect the microeconomic and macroeconomic approaches to public debt. Through their thought-provoking views, leading scholars offer insights into the incentives that individuals and governments may have in resorting to public debt, thereby promoting a clearer understanding of its economic consequences.

Democracy and Financial Order: Legal Perspectives

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Author :
Publisher : Springer
ISBN 13 : 9783662585603
Total Pages : 230 pages
Book Rating : 4.5/5 (856 download)

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Book Synopsis Democracy and Financial Order: Legal Perspectives by : Matthias Goldmann

Download or read book Democracy and Financial Order: Legal Perspectives written by Matthias Goldmann and published by Springer. This book was released on 2019-06-14 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the relationship between democracy and the financial order from various legal perspectives. Each of the nine contributions adopts a unique perspective on the legal and political challenges brought to the fore by the Global Financial Crisis. This crisis and the ensuing sovereign debt crisis in Europe are only the latest in a long series of financial crises around the globe in recent decades. By their very existence, but also as a result of the political turmoil they have created, these financial crises testify to the well-known tensions between democracy and a market-based economic and financial order. However, what is missing in this debate is an analysis of the role of law for reconciling democracy with a market-based financial order. To fill this lacuna, the book focuses on the controversy surrounding the concept of law, thereby adding another variable to the debate on the relation between democracy and capitalism. Each chapter addresses the concept of law from a particular theoretical angle, be it a full-grown legal theory or an approach in political economy that has a particular view of the law.

Politics in the Age of Austerity

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0745670083
Total Pages : 465 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis Politics in the Age of Austerity by : Wolfgang Streeck

Download or read book Politics in the Age of Austerity written by Wolfgang Streeck and published by John Wiley & Sons. This book was released on 2013-05-09 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to influence the course of government through elections and if a change in government cannot translate into different policies, democracy is incapacitated. Many mature democracies are approaching this situation as they confront fiscal crisis. For almost three decades, OECD countries have - in fits and starts - run deficits and accumulated debt. As a result, an ever smaller part of government revenue is available today for discretionary spending and social investment and whichever party comes into office will find its hands tied by past decisions. The current financial and fiscal crisis has exacerbated the long-term shrinking government discretion; projects for political change have lost credibility. Many citizens are aware of this situation: they turn away from party politics and stay at home on Election Day. With contributions from leading scholars in the forefront of sociology, politics and economics, this timely book will be of great interest to students and scholars throughout the social sciences as well as general readers.

The European debt crisis

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Author :
Publisher : Manchester University Press
ISBN 13 : 1526112000
Total Pages : 540 pages
Book Rating : 4.5/5 (261 download)

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Book Synopsis The European debt crisis by : Costas Simitis

Download or read book The European debt crisis written by Costas Simitis and published by Manchester University Press. This book was released on 2016-05-16 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, former Greek Prime Minister Costas Simitis examines the European debt crisis with particular reference to the case of Greece. Greece was the first Eurozone country to face an enormous deficit, which reached 15% of GDP in 2009. As the Greek crisis unfolded, other Eurozone countries displayed identical symptoms, albeit in varying degrees of severity. From a strictly Greek predicament the debt crisis quickly turned into a problem for the European Union as a whole. This first English language translation investigates the causes of this spillover and chronicles the policy responses to combat it. It also discusses Greece’s troubled political economy, the country’s difficulties in adjusting to the demands of its creditors and the vehement social and political reactions to the policy of austerity. Through his comprehensive and authoritative analysis, Simitis provides valuable insights into the crucial interconnection between Greece’s own economic troubles and the wider European search for macroeconomic stability and sustainable economic growth. As such, the book appeals well beyond those with a narrow academic interest in Greece. This is very much a discussion about the future of the Eurozone and the European Union as a whole.

Politics of Debt and Europe's Relations with the 'South'

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Author :
Publisher : Edinburgh University Press
ISBN 13 : 1474461425
Total Pages : 304 pages
Book Rating : 4.4/5 (744 download)

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Book Synopsis Politics of Debt and Europe's Relations with the 'South' by : Stefan Nygard

Download or read book Politics of Debt and Europe's Relations with the 'South' written by Stefan Nygard and published by Edinburgh University Press. This book was released on 2020-07-31 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining a discussion of the multi-layered European and global North-South divide with an effort to retrieve alternatives to the dominant divisive use of debt as staking out claims against another party, this text explores the consequences of the erasure of historical temporality in the recent period of 'globalization' and 'individualization' as well as new registers for political uses of the past under current conditions. It draws on socio-political, moral-philosophical and literary-artistic analyses, tracing the genealogy of debt through European history.

Democracy and Financial Order: Legal Perspectives

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Author :
Publisher : Springer
ISBN 13 : 3662555689
Total Pages : 230 pages
Book Rating : 4.6/5 (625 download)

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Book Synopsis Democracy and Financial Order: Legal Perspectives by : Matthias Goldmann

Download or read book Democracy and Financial Order: Legal Perspectives written by Matthias Goldmann and published by Springer. This book was released on 2018-05-17 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the relationship between democracy and the financial order from various legal perspectives. Each of the nine contributions adopts a unique perspective on the legal and political challenges brought to the fore by the Global Financial Crisis. This crisis and the ensuing sovereign debt crisis in Europe are only the latest in a long series of financial crises around the globe in recent decades. By their very existence, but also as a result of the political turmoil they have created, these financial crises testify to the well-known tensions between democracy and a market-based economic and financial order. However, what is missing in this debate is an analysis of the role of law for reconciling democracy with a market-based financial order. To fill this lacuna, the book focuses on the controversy surrounding the concept of law, thereby adding another variable to the debate on the relation between democracy and capitalism. Each chapter addresses the concept of law from a particular theoretical angle, be it a full-grown legal theory or an approach in political economy that has a particular view of the law.

The Reckoning: Debt, Democracy, and the Future of American Power

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Author :
Publisher : St. Martin's Press
ISBN 13 : 1137000422
Total Pages : 256 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis The Reckoning: Debt, Democracy, and the Future of American Power by : Michael Moran

Download or read book The Reckoning: Debt, Democracy, and the Future of American Power written by Michael Moran and published by St. Martin's Press. This book was released on 2012-04-10 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading forecaster of economic and political trends takes a sharp look at the decline of American influence in the world, and how it can prepare for the new reality. The age of American global dominance is ending. Today, a host of forces are converging to challenge its cherished notion of exceptionalism, and risky economic and foreign policies have steadily eroded the power structure in place since the Cold War. Staggering under a huge burden of debt, the country must make some tough choices—or cede sovereignty to its creditors. In The Reckoning, Michael Moran, geostrategy analyst explores the challenges ahead -- and what, if anything, can be prevent chaos as America loses its perch at the top of the mountain. Covering developments like unprecedented information technologies, the growing prosperity of China, India, Brazil, and Turkey, and the diminished importance of Wall Street in the face of global markets, Moran warns that the coming shift will have serious consequences not just for the United States, but for the wider world. Countries that have traditionally depended on the United States for protection and global stability will have to fend for themselves. Moran describes how, with a bit of wise leadership, America can transition to this new world order gracefully—by managing entitlements, reigniting sustainable growth, reforming immigration policy, launching new regional dialogues that bring friend and rival together in cooperative multinational structures, and breaking the poisonous deadlock in Washington. If not, he warns, history won't wait.

Why Not Default?

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691217432
Total Pages : 412 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Why Not Default? by : Jerome E. Roos

Download or read book Why Not Default? written by Jerome E. Roos and published by Princeton University Press. This book was released on 2021-03-02 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.

The Politics of Extreme Austerity

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Author :
Publisher : Springer
ISBN 13 : 113736923X
Total Pages : 323 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis The Politics of Extreme Austerity by : G. Karyotis

Download or read book The Politics of Extreme Austerity written by G. Karyotis and published by Springer. This book was released on 2015-03-24 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume investigates the policies and politics of extreme austerity, setting the crisis in Greece in its global context. Featuring multidisciplinary contributions and an exclusive interview with former Greek Prime Minister George Papandreou, this is the first comprehensive account of the economic crisis at the heart of Europe.

The European left and the financial crisis

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Author :
Publisher : Manchester University Press
ISBN 13 : 1526124300
Total Pages : 175 pages
Book Rating : 4.5/5 (261 download)

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Book Synopsis The European left and the financial crisis by : Michael Holmes

Download or read book The European left and the financial crisis written by Michael Holmes and published by Manchester University Press. This book was released on 2019-08-27 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely collection addresses key questions including: How did political parties from the Left respond to the crisis? What does the crisis mean for the relationship between the Left and European Integration, and what does it mean for socialism as an economic, political and social project?

European Democratic Institutions and Administrations

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Author :
Publisher : Springer
ISBN 13 : 3319724932
Total Pages : 320 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis European Democratic Institutions and Administrations by : Francesco Merloni

Download or read book European Democratic Institutions and Administrations written by Francesco Merloni and published by Springer. This book was released on 2018-09-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the results of extensive international comparative research into the effects of the economic and financial crisis on democratic institutions and social cohesion policies. The collected studies describe and analyse the measures (often referred to as "reforms") adopted to counter the crisis and the effects of these measures.It investigates three areas: the impact on the functioning of institutions, with respect to the relationship between representative institutions and governments, and the organisational structure of administrations at national and local levels; the impact that the austerity policies on public spending have on social rights; and the impact on traditional instruments of public action (administrative simplification, public services delivering, the use of common assets).The general findings highlight the effect of reducing the administrative and government capacity of the democratic institutions: the public sector, rather than being innovative and made more effective, declines, offering increasingly poor public services and making bad decisions, fuelling substantive or formal privatisation solutions, which in turn cause further weakening.