Tag: Eurozone

The Effects of the Eurozone Sovereign Debt Crisis


Free Download Jose Magone, "The Effects of the Eurozone Sovereign Debt Crisis: Differentiated Integration between the Centre and the New Peripheries of the EU"
English | 2015 | ISBN: 1138851094, 1138057495 | EPUB | pages: 158 | 1.0 mb
The book analyses the emerging centre-periphery divisions within the European Union which result from the unprecedented conditions created by the 2008-09 global financial crisis and the subsequent Eurozone sovereign debt crisis. The multiple layers of policy coordination which emerged in response to the crisis have initiated a process by which the EU is increasingly divided in terms of the level of vertical integration between the Eurozone core group and differentiated peripheries amongst the outsiders. At the same time the sovereign debt crisis has created a periphery of predominantly Southern European countries within the Eurozone that became dependent on external financial support from the other member states. The contributions in this book critically examine various aspects of the emerging internal post-crisis constellation of the EU. The main focus lies on national and supranational governance issues, national dynamics and dynamics in the Eurozone core as well as in the periphery.

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Challenges and Opportunities for the Eurozone Governance


Free Download José Manuel Martins Caetano, "Challenges and Opportunities for the Eurozone Governance"
English | ISBN: 1536134740 | 2018 | 261 pages | PDF | 6 MB
The recent global financial crisis and its impacts on the Eurozone have been the subject of many studies, mostly emphasizing the economic dimension. However, the different patterns of responses to the crisis delivered by countries and institutions reflect very distinct political stands. For a broad and coherent vision of the Eurozone crisis and of the exposed limitations of its governance model, one should use the lens of economic analysis on the interfaces of the various interconnected macroeconomic variables. But one should also take into account the features related to decision making processes and resource allocation in a multilevel governance framework, which the crisis has highlighted and has put on the international agenda. However, in spite of many meritorious efforts, relevant challenges still remain and must be faced for the sake of a more resilient EMU, namely: the completion of the banking union, which is aimed at strengthening the integrity of the euro and the risk sharing

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