Released on 2015-05-29Categories Business & Economics

Eurozone Dystopia

Eurozone Dystopia

Author: William Mitchell

Publisher: Edward Elgar Publishing

ISBN: 9781784716660

Category: Business & Economics

Page: 520

View: 333

Eurozone Dystopia traces the origin of the Eurozone and shows how the historical Franco-German rivalry combined with the growing dominance of neo-liberal economic thinking to create a monetary system that was deeply flawed and destined to fail. It argu
Released on 2021-07-01Categories Political Science

The Political Economy of the Eurozone in Central and Eastern Europe

The Political Economy of the Eurozone in Central and Eastern Europe

Author: Krisztina Arató

Publisher: Routledge

ISBN: 9780429537004

Category: Political Science

Page: 308

View: 259

The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.
Released on 2017-05-18Categories Business & Economics

A Second Chance for Europe

A Second Chance for Europe

Author: Jo Ritzen

Publisher: Springer

ISBN: 9783319577234

Category: Business & Economics

Page: 271

View: 297

This book calls upon us to rethink and reboot the European Union. The authors dissect the EU’s many vulnerabilities: how some Member States are backsliding on the rule of law, freedom of the press, and control of corruption – and how globalization’s ‘discontents’ are threatening the liberal international order. It examines the need for a common immigration policy; the need to rethink the unsustainable debt overhang of some Eurozone countries; and the need to use education to foster a European identity. Given the sum total of these vulnerabilities, the book argues, the EU may not survive beyond 2025 in its present form – that is, unless decisive action is taken. In turn, the book puts forward a number of workable solutions: a European economic model to secure full employment; a stronger European Court of Human Rights to counter systemic violations; a points-based immigration policy; clear exit options for the Eurozone; and an Open Education Area with a common second language. These solutions may reduce the number of EU countries, but would increase cohesion and overall survivability.
Released on 2018-01-24Categories Social Science

Policy Design in the European Union

Policy Design in the European Union

Author: Risto Heiskala

Publisher: Springer

ISBN: 9783319648491

Category: Social Science

Page: 357

View: 855

This edited collection addresses a paradox at the heart of the European Union: if it is a constantly enlarging empire of governance, how can almost thirty member states design policies as an administrative whole, whilst narrowly approaching all political issues from one economic point of view? The contributors to this collection approach this by studying knowledge production, policy formation and policy implementation in the union. The topics covered include the history of the union, its nature as an empire in the making compared to historical successors as well as current USA and China, formation of union level statistical data and policy documents, paradoxes of fiscal governance, social innovation policy, youth and education policy, energy policy and foreign policy with particular regard to Russia. The concluding chapter outlines five alternative future scenarios for the union extending from collapse and marginalization to the emergence of a federal empire. The book is essential reading for anybody interested in the EU, including students and scholars across a range of disciplines, including sociology, political science, international relations, economics, management studies, public and social policy, science and technology studies, and environmental policy.
Released on 2018-04-30Categories Law

Redefining European Economic Integration

Redefining European Economic Integration

Author: Dariusz Adamski

Publisher: Cambridge University Press

ISBN: 9781108381802

Category: Law

Page:

View: 325

European economic integration has relied on policies intended to make the European Union strong and resilient economically, socially and politically. The Eurozone crisis and Brexit have demonstrated, however, how fragile this hope was and how contested reforms to the major European economic policies have become. Dariusz Adamski explains the evolution of these policies - from the Economic and Monetary Union to the internal market, international trade, the EU's climate policy, as well as its redistributive policies - and demonstrates how this evolution has made European economic integration increasingly frail. He shows how erroneous economic and political assumptions regarding the direction of the European integration project have interplayed with the EU's constitutional context. Arguing that flaws in individual policies contributing to European economic integration can be remedied in compliance with the existing constitutional setup, he explains why such solutions would be economically beneficial and politically feasible.
Released on 2021-11-16Categories Political Science

The Pandemic Crisis and the European Union

The Pandemic Crisis and the European Union

Author: Paulo Vila Maior

Publisher: Routledge

ISBN: 9781000470932

Category: Political Science

Page: 174

View: 161

This book assesses the implications of the COVID-19 pandemic for the European Union (EU), as well as its response in dealing with an overarching, multidimensional crisis with consequences extending beyond public health safety to political, economic, legal, and institutional arenas. It argues the pandemic represents a symmetric crisis cutting across countries with different social, economic and political characteristics and which yet - despite favouring cooperative solutions at the supranational level - has largely been met with initial responses of a national, even local, nature. So, how well did the EU perform as a crisis manager in the pandemic crisis? This book will be of key interest to scholars, students and readers of crisis, pandemic and health management, European Union politics and governance.
Released on 2019-12-30Categories

European Integration

European Integration

Author: Johann P. Arnason

Publisher: Edinburgh University Press

ISBN: 9781474455916

Category:

Page: 304

View: 886

To understand the current difficulties and future prospects of European integration, multiple perspectives are required. The essays in this collection explore historical and geopolitical aspects of European integration and their relevance to interpretations of the current climate. They also examine the different regional dynamics of integration and the attitudes that result from those experiences, including in the European peripheries that are so often overshadowed by the dominant centres. In drawing all of these perspectives together, the collection allows the reader to assess the EU's current crisis in context.
Released on 2019Categories Law

The Metamorphosis of the European Economic Constitution

The Metamorphosis of the European Economic Constitution

Author: Herwig C.H. Hofmann

Publisher: Edward Elgar Publishing

ISBN: 9781788978309

Category: Law

Page: 352

View: 473

Demonstrating the ways in which the micro and macro-economic constitutions of Europe have reacted to legal measures enacted to counter the economic crisis of the past decade, this innovative book takes an interdisciplinary approach in its attempt to understand and portray the metamorphosis of the European Economic Constitution. It contains contributions from leading scholars and experts in European economic law, discussing the challenges, solutions found, problems arising and possible approaches to embed the economic constitution in the broader constitutional framework of the EU. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}
Released on 2020-08-10Categories Political Science

Germany from Peace to Power?

Germany from Peace to Power?

Author: James D. Bindenagel

Publisher: Vandenhoeck & Ruprecht

ISBN: 9783847010517

Category: Political Science

Page: 225

View: 985

A surge of political trends and upheavals all over the world confronts German foreign policy with a world that is dramatically different from Berlin Republic unification in 1990. Brexit, American de-commitment to Europe and the rise of isolationist, populist forces within Germany as well as in other European countries and the U.S. have undermined the foundations of Germany's foreign policy. Germany is suddenly faced with another historical shift that is starting to shake the bedrock of its foreign policy. A council of experts for strategic foresight can address Germany's strategic cultural deficit, its civilian power fixation, its resorts principle of ministerial independence, and its coalition governance conflicts.
Released on 2017-01-25Categories Business & Economics

The Job Guarantee and Modern Money Theory

The Job Guarantee and Modern Money Theory

Author: Michael J. Murray

Publisher: Springer

ISBN: 9783319464428

Category: Business & Economics

Page: 228

View: 950

The contributors to this edited collection argue that a flexible Job Guarantee program able to react to an economy’s fluctuating need for work would stabilize the labor standard, the value of employment in relation to money. During economic downturns, the program would expand to provide more public sector jobs in response to private sector layoffs. It would then contract when economic growth offered private sector employment opportunities. This flexible full employment program would create a balanced, perpetually active labor force, providing the macroeconomic stability necessary to define a functioning labor standard. Just as the gold standard measured the worth of money against gold reserves, John Maynard Keynes argued, so a labor standard ought to measure the value of money in terms of its labor equivalent. However, he failed to account for the fact that, unlike a gold standard, a labor standard does not have any kind of surety that money will continue to match its value in paid work over time. Together, the contributors argue that full employment would provide this missing security and allow authorities to define the value equivalencies of money and labor, the way that money once represented its exact equivalent in gold.
Released on 2022-04-28Categories Business & Economics

Debating Modern Monetary Theory

Debating Modern Monetary Theory

Author: Costas Lapavitsas

Publisher: Routledge

ISBN: 9781000581225

Category: Business & Economics

Page: 112

View: 250

This book considers the theoretical and empirical claims of Modern Monetary Theory (MMT) in developed and developing countries. It is structured as a debate between leading MMT theorists and MMT critics. MMT threw down a challenge to mainstream economics and forced it to respond, above all in the USA. This is a rare occurrence, almost unknown, for heterodox economics during the last few decades. It is not surprising, therefore, that MMT has attracted strong attention from a broad swathe of researchers. It is even less surprising that it has become the theoretical vehicle of choice for political activists opposing austerity. Its influence is remarkable and has gradually spread to other social disciplines, including even cultural theory. Furthermore, the policy responses to coronavirus by several governments, particularly the extraordinary expansion of central bank balance sheets in 2020, appears to support MMT in practice. This volume takes into account the rising popularity of MMT and considers its theoretical claims in depth, since popularity does not necessarily equate to being right in theory. It also considers MMT claims regarding fiscal and monetary policy in view of the implications of the pandemic crisis for public spending and public debt. It is not accidental that the strongest support for MMT, in both theory and policy, is to be found in the USA, since MMT conclusions rely heavily on close institutional analysis of US government financing mechanisms. The chapters in this book were originally published as a special issue of The Japanese Political Economy.
Released on 2019-05-22Categories Business & Economics

Public Value Theory and Budgeting

Public Value Theory and Budgeting

Author: Usman W. Chohan

Publisher: Routledge

ISBN: 9780429663369

Category: Business & Economics

Page: 146

View: 467

Public value theory has advanced over the past 30 years, but there is a need to extend its boundary outwards into new contexts and update its discourse to reflect new social challenges. We are now trying to create value in a globalized world, with supranational entities, with new international alliances and institutions, in a frightening post-truth era. How can public managers grapple with these emerging realities? This book seeks to provide answers to such public value questions by applying powerful budgeting perspectives. Using case studies of independent budget offices, key fiscal instruments, and leading public value frameworks, this book stands out in its use of budgetary lenses to answer pertinent questions about the multidimensional processes of value creation by and for a wider society. Pushing the debate on public value forward and taking it onto the global stage, the book asks whether public value (and other public administration theories) are applicable beyond the traditional context of the pro-globalization Western liberal democracies in which they were conceived. It does this by exploring the realms of developing countries, supranational entities, and post-Communist societies, among others. Finally, it presents these explorations in light of very recent sociopolitical trends and phenomena, including the growth of civil society, the global financial crisis, the illiberal democracy, and the post-truth era. Tailored to an audience comprising public administration scholars, students of government, budget practitioners, and social scientists interested in contemporary problems of values in society, this book helps to advance public administration thought by extending public value theory into new contexts and relating it to the growing global challenges of public life.