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This book develops a sociology of international political work, based on four years of embedded observation inside the cabinet of a European Commissioner.
Crises and Integration in European Banking Union builds a theory of how the combination of crisis severity and origin indicates whether a crisis will produce deep reform, modest reform, or a persistence of the pre-crisis status quo.
Large sections of democracy and its basic structures have recently been hijacked. By stealth, powerful elites have gradually gained control of the political sphere and transformed it to serve their own interests. The political systems of what appear to be established democracies in all corners of the world are showing signs of this takeover, which has led to widespread citizen disaffection and indignation. Kidnapped Democracy uses the metaphor of captivity to illustrate the differences and similarities between conventional kidnappings and the hijacking of a political system. The book’s nine chapters identify the kidnappers, the accomplices, the hostages, the victims and the negotiators before examining the effect of a peculiar Stockholm syndrome and, finally, reflecting on possible ways to secure the release of democracy.
In this thought-provoking book, José M. Magone investigates the growing political, economic and social divisions between the core countries of the European Union and the southern European periphery. He examines the major hindrances that are preventing the four main southern European countries (Italy, Spain, Portugal and Greece) from keeping up with the increasing pace of European integration, and the effects that this is having on democratic governance.
The Politics of the Eurogroup provides an intriguing look inside the euro crisis and the secretive forum of finance ministers that came to dominate it. The history of the European Union is a history of crises and the leaps of integration they triggered. As the pandemic, the war in Ukraine, and global power competition are clouding the prospects of the European economies, the member states are looking for solutions. Yet they find their options highly constrained by the economic and political realities created in the decade of the euro crisis. This book fuses a critical political economy perspective on structural relations within the Economic and Monetary Union with a power- based approach to ...
Has there ever been a period in modern history when democratic politics seemed more unpredictable or unruly? In the face of a set of global challenges almost beyond control or comprehension, the old rules by which politics were once both ordered and understood have waned. Very few voices exist to help us comprehend these challenges--commentators who can run the gamut from democracy to disgust, from the micro to the macro, and from love to loathing. And yet this is exactly what Matt Flinders delivers in this book, expertly ranging across topics as diverse as architecture, art, mountain running, and fairy tales in his attempt to understand the emerging democratic landscape. Refreshing and stimulating, What Kind of Democracy Is This? is an engagingly written melding of political scholarship and popular culture that both informs and provokes.
EU Fiscal Capacity: Legal Integration After Covid-19 and the War in Ukraine argues that the NGEU constiutes a profound overhaul in the EU architecture of economic governance. Moving away from the fiscal surveillance shown in response to the euro-crisis, the EU has adopted a strategy of fiscal federalism more akin to the United States.
The Portuguese economy has sustained its dynamic recovery from the pandemic. Driven by private consumption and external demand, growth in 2022 was markedly higher than the euro area (6.7 percent versus 3.5 percent). Growth is projected to slow to 2.6 percent in 2023, with downdrafts from higher cost of living on domestic demand and a slower external demand growth. Headline inflation is expected to decline from 8.1 percent in 2022 to 5.6 percent in 2023, with core inflation declining more gradually. Near-term risks to the outlook are broadly balanced—key downside risks arise from tighter-than-projected financial conditions and weaker global growth, offset by upsides from tourism.
The insolvency of states is by no means a rare or new phenomenon. Despite this, it still seems to be widely felt that states do not go bankrupt. As of yet, there are no regulated insolvency proceedings for states. This book examines the current mechanisms for solving sovereign debt crises. It presents an analysis of their weaknesses and shows possibilities for dealing with such crises in the future. In this respect, the work focusses on crisis resolution measures at European level: the aid packages for Greece, the European Financial Stabilisation Mechanism, the European Financial Stabilisation Facility and the European Stability Mechanism. These are examined for their appropriateness as well as whether they contain elements of insolvency law. Ultimately, it explores possible insolvency proceedings for states at EU level and their implementation options.