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The Political Economy of Monetary Solidarity
This volume provides a political economy approach to examine how the euro experiment came about and was sustained despite a severe crisis.
The future of economic governance in the EU
Inquiry conducted by Sub-committee A (Economic and Financial Affairs, and International Trade)
The Political Economy of Monetary Solidarity
Creating the European monetary union between diverse and unequal nation states is arguably one of the biggest social experiments in history. This book offers an explanation of how the euro experiment came about and was sustained despite a severe crisis, and provides a comparison with the monetary-financial history of the US. The euro experiment can be understood as risk-sharing through a currency that is issued by a supranational central bank. A single currency shares liquidity risks by creating larger markets for all financial assets. A single monetary policy responds to business cycles in the currency area as a whole rather than managing the path of one dominant economy. Mechanisms of risk...
The State of European Integration
The State of European Integration provides scholars, practitioners, experts and students with a comprehensive account of the state of the European Union today. With contributions from leading scholars including Richard G. Whitman, Meltem Müftüler-Baç, Gülnur Aybet, Leila Simona Talani and Gareth Dale, the book examines the EU in a theoretically informed and empirically grounded manner. Opening with an exploration into the nature of the European Union as an international actor, it then assesses the impact of enlargement on institutions, policies and identity. The contributors investigate issues related to the degree of convergence and cohesion among members, and analyze the economic and monetary state of integration. The volume comes at a timely interval when there is a need to understand the present and future of the European Union.
The Foundations of Nigeria
This text captures within a single volume a wide,range of themes that underline the foundations of,modern Nigeria, notably nationalismconstitutional development, politics and,government, economy, culture, ethnicity and,religion. A comprehensive compendium of,the colonial history of Nigeria, this book,combines an interdisciplinary framework of,analysis with critical discourse to produce a,unique and fresh interpretation of colonial,history as a whole.
Brexit and Beyond
Brexit will have significant consequences for the country, for Europe, and for global order. And yet much discussion of Brexit in the UK has focused on the causes of the vote and on its consequences for the future of British politics. This volume examines the consequences of Brexit for the future of Europe and the European Union, adopting an explicitly regional and future-oriented perspective missing from many existing analyses. Drawing on the expertise of 28 leading scholars from a range of disciplines, Brexit and Beyond offers various different perspectives on the future of Europe, charting the likely effects of Brexit across a range of areas, including institutional relations, political e...
Democratic Politics in a European Union Under Stress
This book offers the first comprehensive political analysis of the Euro crisis that erupted in Greece in 2010 and subsequently threatened the very survival of the Euro area. It has left a profound mark on democratic politics all over Europe, changing public attitudes and voting preferences, institutional and societal norms, and deeply anchored political traditions. The contributors to this volume reveal the extent to which policymakers are torn between the pressures emanating from financial markets and the demands put forward by their own constituents; how they struggle to reconcile national preferences with wider European interests; and how a polarized and politicized Union seeks to maintai...
Law, Democracy and Solidarity in a Post-national Union
Investigates how the values of the rule of law, solidarity and democracy can be understood in the European Union in order ensure the sustainability of the European political order.
Becoming Madam Chancellor
The first English-language scholarly book to provide an overview of the Angela Merkel's career and influence.
