A01=Finn Laursen
acquis
Ambitious FTAs
Author_Finn Laursen
banking union
Category=KCB
Category=KCL
CETA
CETA Negotiation
De Gucht
Debt Gdp Ratio
democratic deficit
Direct Democracy
economic and monetary union
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
ESM
EU Canada Summit
EU Referendum Debate
EU trade agreements
EU Trade Strategy
european
Federal Republic Of Germany
Fiscal Compact
fiscal integration
Fiscal Treaty
Gdp Decrease
Gdp Ratio
gucht
integration
karel
Karel De Gucht
mechanism
member
Merkel Coalition
post-crisis European integration strategies
schengen
Schengen Acquis
Schengen area policy
Schengen Borders Code
Schengen Members
Schengen Regime
Sis
stability
state
UK Housing Market
Union's Democratic Deficit
Violated
Product details
- ISBN 9781409457299
- Weight: 589g
- Dimensions: 156 x 234mm
- Publication Date: 31 May 2013
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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The global financial crisis, which started in the United States in 2007, spread to Europe in 2009. It especially hit Portugal, Ireland, Italy, Greece, and Spain, countries which have introduced the single currency, the euro. These eurozone countries no longer have monetary policy autonomy, so they do not have the option of devaluation to increase competitiveness. The crisis has shown that the Economic and Monetary Union (EMU) created in 1993, and which led to the single currency in 1999, is faulty. Its built-in asymmetry, with centralised monetary policy and decentralised fiscal policy, should be expected to create problems. Part of the response to the crisis so far has been incremental moves towards fiscal and banking union, which will mean a deepening of European integration at a time when many observers believed that a certain equilibrium had been reached after the entry into force of the Lisbon Treaty in 2009. This book focuses on these developments as well as analysing other economic policies that affect the general economic welfare of the EU, including agriculture, trade and immigration policies. The book puts the eurozone crisis into the wider context of deepening and widening.
Finn Laursen, Canada Research Chair in EU Studies and Professor of Political Science, Dalhousie University, Halifax, NS, Canada.
