The Euro Area and the Financial Crisis

Released on by Miroslav Beblavý
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  • The Euro Area and the Financial Crisis Book Detail

  • Author : Miroslav Beblavý
  • Release Date : 2011-10-06
  • Publisher : Cambridge University Press
  • Genre : Business & Economics
  • Pages :
  • ISBN 13 : 1139503634
  • File Size : 44,44 MB
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The Euro Area and the Financial Crisis by Miroslav Beblavý PDF Summary

Book Description: The financial crisis of 2007–10 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and exposed fault lines in governance and deficiencies in the architecture of the financial supervisory and regulatory framework. This book addresses these and other issues, including why the crisis affected some countries more than others, whether the euro is still attractive for new EU states, and what policy changes and structural reforms, both macro and micro, should be undertaken to ensure its future viability. Written by a team of leading academic and central bank economists, the book also includes chapters on the cross-country incidence of the crisis, the Irish crisis and ECB monetary policy during the crisis, and studies on Spain, the Baltics, Slovakia and Slovenia.

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The Euro Area and the Financial Crisis

The Euro Area and the Financial Crisis

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The financial crisis of 2007–10 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has show

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The euro area remains in a state of flux and appears to be unsustainable in its present form. The outcome of the crisis may be unknown for years and a judgement

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This book analyzes the effects of the recent crisis and evaluates potential solutions to the gridlock that is currently dominating the Eurozone and the European