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Breaking Up The Euro
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Book Synopsis Breaking Up the Euro by : D. Chorafas
Download or read book Breaking Up the Euro written by D. Chorafas and published by Springer. This book was released on 2013-07-31 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The drama of the common currency is a hot topic. The Euro was planned for the European Union's member states, bringing economically strong nations like Germany and Holland and weaker nations like Greece, Spain and Italy under one set of currency rules. A dozen years of its implementation has shown that the planning was incomplete at best. Add to this the weight of a deepening debt crisis among western nations, which continues unabated, and Europe has a very deep financial hole to climb out of. In this work, Dimitris N. Chorafas provides the reader with evidence to poor political judgment, then delves into preparation for the foreseeable Euro breakup and confronts the redenomination risk associated to it.
Download or read book Unhappy Union written by John Peet and published by The Economist. This book was released on 2014-06-24 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The euro was supposed to create an unbreakable bond between the nations and people of Europe. But when the debt crisis struck, the flaws of the half-built currency brought the European Union close to breaking point after decades of post-war integration. Deep fault-lines have opened up between European institutions and the nation-states -- and often between the rulers and the ruled -- raising profound questions about Europe's democratic deficit. Belief in European institutions and national governments alike is waning, while radicals on both the left and the right are gaining power and influence. Europe's leaders have so far proved the doomsayers wrong and prevented the currency from breaking up. "If the euro fails, Europe fails," says Angela Merkel. Yet the euro, and the European project as a whole, is far from safe. If it is to survive and thrive, leaders will finally have to confront difficult decisions. How much national sovereignty are they willing to give up to create a more lasting and credible currency? How much of the debt burden and banking risk will they share? Is Britain prepared to walk away from the EU? And will other countries follow? In Unhappy Union, The Economist's Europe editor and Brussels correspondent provide an astute analysis of the crisis. They describe America's behind-the-scenes lobbying to salvage the euro, economists' bitter debates over austerity, the unseen maneuvers of the European Central Bank and the tortuous negotiations over banking union. In the final chapter, they set out the stark choices confronting Europe's leaders and citizens.
Book Synopsis The Breakup of the Euro Area by : Barry Eichengreen
Download or read book The Breakup of the Euro Area written by Barry Eichengreen and published by . This book was released on 2010 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The possibility that the euro area might break up was being raised even before the single currency existed. These scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various member states led politicians to blame the European Central Bank for disappointing economic performance. Highly-placed European officials reportedly discussed the possibility that one or more participants might withdraw from the monetary union. How seriously should we take these scenarios? And how significant would be the economic and political consequences? It is unlikely, I argue here, that one or more members of the euro area will leave in the next ten years; total disintegration of the euro area is even more unlikely. While other authors have minimized the technical difficulties of reintroducing a national currency, I suggest that those technical difficulties would be quite formidable. Nor is it certain that the economic problems of the participating member states would be significantly ameliorated by abandoning the euro. And even if there are immediate economic benefits, there would be longer-term political costs.
Book Synopsis The Breakup of the Euro Area by : Barry J. Eichengreen
Download or read book The Breakup of the Euro Area written by Barry J. Eichengreen and published by . This book was released on 2007 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The possibility that the euro area might break up was being raised even before the single currency existed. These scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various member states led politicians to blame the European Central Bank for disappointing economic performance. Highly-placed European officials reportedly discussed the possibility that one or more participants might withdraw from the monetary union. How seriously should we take these scenarios? And how significant would be the economic and political consequences? It is unlikely, I argue here, that one or more members of the euro area will leave in the next ten years; total disintegration of the euro area is even more unlikely. While other authors have minimized the technical difficulties of reintroducing a national currency, I suggest that those technical difficulties would be quite formidable. Nor is it certain that the economic problems of the participating member states would be significantly ameliorated by abandoning the euro. And even if there are immediate economic benefits, there would be longer-term political costs.
Book Synopsis Breaking Up Is Hard To Do: Britain and Europe’s Dysfunctional Relationship by : Martin Howe
Download or read book Breaking Up Is Hard To Do: Britain and Europe’s Dysfunctional Relationship written by Martin Howe and published by London Publishing Partnership. This book was released on 2016-03-07 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the noise of the debate about the EU, it is rare for fundamental questions to be asked. For example, for what purposes should we have international institutions at all? Does the EU meet those purposes and, if not, is reform possible? This book considers these questions. An international team of renowned authors looks at each area of economic policy in which the EU has an interest, as well as at the governing structures of the EU, and asks what, if anything, the EU should be doing. In most cases, this is then compared with the status quo and against the possibility of Brexit in order to help the reader make a judgement, in each policy area, about which would be the best direction for Britain to take. As well as providing a fine contribution to the Brexit debate, the authors of this book provide a framework for evaluating the results of renegotiation together with a long-term programme for reform. The usefulness of this timely book will long outlive the referendum debate. The book asks – and answers – the fundamental questions that are rarely considered by the political classes.
Book Synopsis Target Losses in Case of a Euro Break-up by : Hans-Werner Sinn
Download or read book Target Losses in Case of a Euro Break-up written by Hans-Werner Sinn and published by . This book was released on 2012 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Break-Up of Britain by : Tom Nairn
Download or read book The Break-Up of Britain written by Tom Nairn and published by Verso Books. This book was released on 2021-04-27 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this classic text, first published in 1977, Tom Nairn memorably depicts the 'slow foundering' of the United Kingdom on the rocks of imperial decline, constitutional anachronism and the gathering force of civic nationalism. Rich in comparisons between the nationalisms of the British Isles and those of the wider world, thoughtful in its treatment of the interaction between nationality and social class, The Break-Up of Britain concludes with a bravura essay on the Janus-faced nature of national identity. Postscripts from the Thatcher and Blair years trace the political strategies whose upshot accelerated the demise of a British state they were intended to serve. As a second Scottish independence referendum beckons, a new Introduction by Anthony Barnett underlines the book's enduring relevance.
Book Synopsis The Break-up of Communism in East Germany and Eastern Europe by : Feiwel Kupferberg
Download or read book The Break-up of Communism in East Germany and Eastern Europe written by Feiwel Kupferberg and published by Springer. This book was released on 2016-07-27 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a novel understanding of the break-up of communist hegemony in East Germany and Eastern Europe. Based on comparative case studies, it argues that identity politics is a particular invention of communist rule, producing a political citizen. Focusing upon identity politics helps us better to understand the longterm stability of communist hegemony, its sudden collapse, the difficulties of transforming communist societies to liberal democracies and the unexpected revival of ethnic, nationalist and cultural conflicts in post-communist Eastern Europe.
Book Synopsis The Euro Crisis and Its Aftermath by : Jean Pisani-Ferry
Download or read book The Euro Crisis and Its Aftermath written by Jean Pisani-Ferry and published by Oxford University Press, USA. This book was released on 2011 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The euro's life, while only slightly more than a decade long, has been riddled by a series of challenges and crises. The disparity between the prosperous Northern countries of Germany and France and the plummeting Southern countries, including Italy and Greece, has exacerbated problems withinthe political and economic union of the Eurozone. The North, especially Germany, has debated where to draw the line between doing whatever is necessary to save the common currency and what they have viewed as a charity bailout of countries who flouted the rules for a decade and suffered predictableconsequences. Meanwhile, Southern countries such as Italy, Spain, and Greece have grown increasingly bitter at the attitudes of their partners to the North. Amidst loud and frequent debates, solutions including routes for increased integration and punitive policies and reforms have been enacted anddiscarded to a limited degree of success. The struggles facing this monetary union continue to unfold even today.The Euro Crisis and Its Aftermath was written to inform readers about the history of this enduring European crisis and the alternative proposals for ending it. In four parts, Jean Pisani-Ferry explains the origins of the European currency, the build-up of imbalances and oversights that led to thecrisis, the choices European policymakers have both addressed and ignored since 2010, the evolution of the policy agenda, and possible options for the future. The book is as much of an informative and analytical history as it is a prescriptive solution for a more prosperous future world economy.Rather than putting forth and supporting a thesis, Pisani-Ferry helps readers understand the past and present of the euro crisis and form their own opinions about potential solutions. It has grown out of his book Le Reveil des Demons published in France in 2011. The content has been updatedextensively to cover the events of the past few years and augmented to better explain the Eurozone to a global audience. This book is not intended to reach only economists, as time has long passed since European monetary unification was a debate limited to academics. This book is also for the policymakers searching for solutions, citizens of Europe enduring the consequences, and the international community that has felt the effects of an unstable Eurozone.
Book Synopsis Europe and the Euro by : Alberto Alesina
Download or read book Europe and the Euro written by Alberto Alesina and published by University of Chicago Press. This book was released on 2010-04-01 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number of important issues, including the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and whether the single currency has induced convergence or divergence in the economic performance of member countries. While adoption of the euro may not have met the expectations of its most optimistic proponents, the benefits have been many, and there is reason to believe that the euro is robust enough to survive recent economic shocks. This volume is an essential reference on the first ten years of the euro and the workings of a monetary union.
Book Synopsis How to Break Up with Your Phone by : Catherine Price
Download or read book How to Break Up with Your Phone written by Catherine Price and published by Ten Speed Press. This book was released on 2018-02-13 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This evidence-based, user-friendly guide presents a 30-day digital detox plan that will help you set boundaries with your phone and live a more joyful and fulfilling life. “I wrote The Anxious Generation to help adults improve the lives of children. Many readers have asked me for a version of the book aimed at helping adults and teens help themselves. Catherine Price has written the best such book.”—Jonathan Haidt Do you feel addicted to your phone? Do you frequently pick it up “just to check,” only to look up forty-five minutes later wondering where the time has gone? Does social media make you anxious? Have you tried to spend less time mindlessly scrolling—and failed? If so, this book is your solution. Award-winning health and science journalist and TED speaker Catherine Price presents a practical, evidence-based 30-day digital detox plan that will help you break up—and then make up—with your phone. The goal: better mental health, improved screen-life balance, and a long-term relationship with technology that feels good. This engaging, user-friendly guide explains how our smartphones and apps are designed to be addictive and how the time we spend on them is increasing our anxiety and damaging our abilities to focus, think deeply, form new memories, generate ideas, and be present in our most important relationships. Next, it walks you through an effective and easy-to-follow 30-day plan that has already helped thousands of people worldwide break their phone addictions and feel more fully alive. Whether you need help for yourself or for your family, friends, students, colleagues, clients, or community, How to Break Up with Your Phone is the ultimate guide to digital detoxing. It’s guaranteed to help you put down your phone—and come back to life.
Book Synopsis Safeguarding the Euro in Times of Crisis by :
Download or read book Safeguarding the Euro in Times of Crisis written by and published by . This book was released on 2019 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financial leaders and ESM insiders provide a rich stock of perspectives and anecdotes that bring to life the urgency of the crisis as well as the innovative solutions found to resolve it. The European Stability Mechanism and its temporary predecessor the EFSF provided billions of euros in loans to five hard-hit euro area countries during the European financial and sovereign debt crisis of the early 2000s, helping to safeguard the stability of those countries and the euro area as a whole. Initially, the crisis-torn euro area was ill-equipped institutionally, but the rapid establishment of the firewalls, the assistance programmes, deep‐seated country reforms, the strengthening of European institutions, and extraordinary European Central Bank measures shielded Europe from a euro area break-up. With the EFSF/ESM set-up, its managers aspired to create a new, more entrepreneurial international financial institution, one that is agile enough to respond quickly to new challenges, while still ensuring the strict governance befitting an organisation pursuing a public mission. The euro area has emerged from near disaster in more robust shape. As Europe strives to further strengthen its architecture in preparation for any possible future crises, it is important to reflect upon how the euro area reinvigorated its fortunes and draw the relevant lessons for future crisis management in Europe and beyond.
Book Synopsis The Future of the Euro by : Matthias Matthijs
Download or read book The Future of the Euro written by Matthias Matthijs and published by Oxford University Press, USA. This book was released on 2015 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Future of the Euro is an attempt by political economists to scrutinize the fundamental causes of the euro crisis, determine how it could be fixed, and consider its possible futures. The book makes three interrelated arguments about the euro's problem, experience, and future that stress the primacy of political over economic factors.
Author :Great Britain: Parliament: House of Commons: European Scrutiny Committee Publisher :The Stationery Office ISBN 13 :9780215043665 Total Pages :134 pages Book Rating :4.0/5 (436 download)
Book Synopsis Treaty on stability, coordination and governance by : Great Britain: Parliament: House of Commons: European Scrutiny Committee
Download or read book Treaty on stability, coordination and governance written by Great Britain: Parliament: House of Commons: European Scrutiny Committee and published by The Stationery Office. This book was released on 2012-04-03 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Scrutiny Committee's report (HCP 1817, ISBN 9780215043665) on the Treaty on Stability, Coordination and Governance (SCG), states that it is impossible to enforce and there are serious concerns over the rule of law, with no concessions for the UK. The Committee also views the SCG Treaty as doing little towards solving the eurozone crisis, except providing some comfort to international markets. It is also possible that the Treaty will prove to be politically impossible to enforce. Some form of breakdown of the eurozone clearly remains possible. The approach taken to proceed with the fiscal compact raises a fundamental question about the application of the rule of law within the EU. The SCG Treaty would have been an EU treaty but for the veto. However, the EU institutions and the governments of the 25 Member States who have signed the Treaty, have embarked on a dangerous precedent in seeking to attain their political objectives irrespective of the rule of law in the EU. The Government has made clear that it has serious reservations about the legality of what has been done, but the question of what it intends to do remains unsatisfactorily unresolved. When looking at the unprecedented letter sent from Sir John Cunliffe, the UK Ambassador to the EU, to the Secretary-General of the Council on 22 February, it appears that the Government does not want to stand in the way of 25 States reinforcing the eurozone, but sees the use of the institutions outside the EU Treaties, without the consent of all 27 Member States, as unlawful, irrespective of the consequences to and the lack of concessions for the United Kingdom and the current failure to take the issue of legality further. To the Committee it therefore seems that the SCG Treaty must be deemed unlawful in the Government's view. Although questions have been raised as to what the UK achieved by the use of its veto, the Committee concludes that the veto was justified because of the very real concerns about a breach of EU law, even if this was not the reason given exclusively for the use of the veto in the first place. The Committee notes that there is an increasing tendency for the EU to propound the virtues of the rule of law but not to apply it in practice.
Book Synopsis The Break-up of China by : Charles William De la Poer Beresford Baron Beresford
Download or read book The Break-up of China written by Charles William De la Poer Beresford Baron Beresford and published by . This book was released on 1899 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis God and the EU by : Jonathan Chaplin
Download or read book God and the EU written by Jonathan Chaplin and published by Routledge. This book was released on 2015-12-14 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current political, economic and financial crises facing the EU reveal a deeper cultural, indeed spiritual, malaise – a crisis in ‘the soul of Europe’. Many observers are concluding that the ‘soul of Europe’ cannot be restored to health without a new appreciation of the contribution of religion to its past and future, and especially that of its hugely important but widely neglected Christian heritage, which is alive today even amidst advancing European secularization. This book offers a fresh, constructive and critical understanding of Christian contributions to the origin and development of the EU from a variety of theological and national perspectives. It explains the Christian origins of the EU, documents the various ways in which it has been both affirmed and critiqued from diverse theological perspectives, offers expert, theologically-informed assessments of four illustrative policy areas of the EU (trade, finance, environment, science), and also reports on the place of religion in the EU, including how religious freedom is framed and how contemporary religious (including Muslim) actors relate to EU institutions and vice versa. The book fills a major gap in the current debate about the future of the European project and will be of interest to students and scholars of religion, politics and European studies.
Book Synopsis Towards an Imperfect Union by : Dalibor Rohac
Download or read book Towards an Imperfect Union written by Dalibor Rohac and published by Rowman & Littlefield. This book was released on 2016-04-22 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s Europe, deep cracks are showing in the system of political cooperation that was designed to prevent the geopolitical catastrophes that ravaged the continent in the first half of the twentieth century. Europeans are haunted, once again, by the specters of nationalism, fascism, and economic protectionism. Instead of sounding the alarm, many conservatives have become cheerleaders for the demise of the European Union (EU). This compelling book represents the first systematic attempt to justify the European project from a free-market, conservative viewpoint. Although many of their criticisms are justified, Dalibor Rohac contends that Euroskeptics are playing a dangerous game. Their rejection of European integration places them in the unsavory company of nationalists, left-wing radicals, and Putin apologists. Their defense of the nation-state against Brussels, furthermore, is ahistorical. He convincingly shows that the flourishing of democracy and free markets in Europe has gone hand in hand with the integration project. Europe’s pre-EU past, in contrast, was marked by a series of geopolitical calamities. When British voters make their decision in June, they should remember that while Brexit would not be a political or economic disaster for the United Kingdom, it would not solve any of the problems that the “Leavers” associate with EU membership. Worse yet, its departure from the European Union would strengthen the centrifugal forces that are already undermining Europe's ability to solve the multitude of political, economic, and security challenges plaguing the continent today. Instead of advocating for the end of the EU, Rohac argues that conservatives must come to the rescue of the integration project by helping to reduce the EU’s democratic deficit and turning it into an engine of economic dynamism and prosperity. For the author’s video on Brexit, see https://www.youtube.com/watch?v=cFReUnO05Fo
