Download or read book Emerging Europe and the Great Recession written by Daniel Dăianu and published by Cambridge Scholars Publishing. This book was released on 2018-10-09 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume adds to the existing literature on the Great Recession and the variety of current troubles in the European Union by providing the views of someone who has been in the trenches at national and international levels and who has extensive policy and academic experience. Furthermore, it deals, inter alia, with issues of huge importance such as “North-South” and “East-West” cleavages in the EU, problems in the Eurozone, the diminishing resilience of systems, and the rise of a “New Protectionism”. The book voices concerns and dilemmas from the perspective of new EU Member States in a period of “radical uncertainty” and painful policy trade-offs. Its underlying paradigm is that markets are essential for entrepreneurship and economic dynamism, but that market failures and global finance can cause a lot of misery in society unless they are reined in. This volume will be of interest to all those looking for insights into the challenges that the EU, the Eurozone, and emerging European economies have faced during the past decade and on what may lie ahead. Its target audience is policy-making and business circles, academia, research outfits, and NGOs.
Download or read book Emerging Europe and the Great Recession written by Daniel Dăianu and published by Cambridge Scholars Publishing. This book was released on 2021-09 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The South-Eastern European Monetary History Network (SEEMHN) brings together the central banks of seven countries in this region (Austria, Bulgaria, Greece, Romania, Turkey, Serbia and Albania) to shed light on their respective monetary histories. This book includes presentations made at the 2016 conference of this network, and will appeal to central bankers, members of academia and researchers interested in European economic history with a focus on South-Eastern Europe. The contributions here put the spotlight on economic and financial developments, links between economic crises, and the gaps between Europeâ (TM)s core and peripheral economies.
Download or read book How Emerging Europe Came Through the 2008 09 Crisis written by Mr.Bas B. Bakker and published by International Monetary Fund. This book was released on 2012-08-31 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging Europe was particularly hard hit by the global financial crisis, but a concerted effort by local policymakers and the international community staved off impending financial meltdown and laid the foundations for renewed convergence with western Europe. This book, written by staff of the IMF's European Department that worked on the region at the time, provides a unique account of events: the origins of the crisis and the precrisis policy setting; the crisis trigger and the scramble to avoid the worst; the stabilization and recovery; the remaining challenges; and the lessons for the future. Five regional chapters provide the analytics to put events into perspective. Dedicated chapters for all 19 countries of the region dig deeper into the idiosyncrasies of each economy and provide extensive economic data. A final chapter distills the lessons from the overall regional experience and the wide intraregional diversity. Taken together, they make this book an indispensible reference for economic scholars of the region and beyond.
Download or read book From Crisis to Recovery written by T. Bracke and published by Springer. This book was released on 2012-09-18 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging Europe has suffered a severe economic crisis in recent years, and is only gradually recovering; the prospects for a convergence with the rest of the EU are still uncertain. In this book policymakers, high-level practitioners and experts from central banks identify the main reasons for the crisis and the challenges for the recovery process.
Download or read book Awaking Europe in the Triple Global Crisis written by çgh, Attila and published by Edward Elgar Publishing. This book was released on 2021-11-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book examines the imminent dangers to European stability: the socio-economic crisis of global production that has reinforced structural inequalities; the climate crisis and its associated environmental degradation; and the onset and fallout of Covid-19. Placing the triple crisis in the context of EU, European and global geographies, it introduces a new conceptual framework to describe continuing systemic crisis and change in the EU.
Download or read book Awaking Europe in the Triple Global Crisis written by Attila Ágh and published by Edward Elgar Publishing. This book was released on 2021-11-04 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book examines the imminent dangers to European stability: the socio-economic crisis of global production that has reinforced structural inequalities; the climate crisis and its associated environmental degradation; and the onset and fallout of Covid-19. Placing the triple crisis in the context of EU, European and global geographies, it introduces a new conceptual framework to describe continuing systemic crisis and change in the EU. Based on a rich and varied array of source material, Attila Ágh offers a new insight into the future of European politics through twin conceptual pillars: 'Awaking Europe', which describes a Re-United Europe that brings together its key regions; and 'Emerging Europe', which refers to the upgrading of EU mechanisms to shape Europe as a global player through multilateralism. Presenting an integrative analysis of the triple crisis and its management, it describes and dissects the overarching creative crisis of the EU and the major direction of the Union's strategy for renewal. Incisive and provocative, this book is critical reading for scholars and researchers in political science, European studies and economics, particularly those focusing on EU economic policy and the relationships between global powers. It will also benefit policymakers looking for innovative approaches to social investment and sustainable development.
Download or read book Emerging Economies During and After the Great Recession written by Philip Arestis and published by Springer. This book was released on 2016-04-08 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This twelfth volume presents a collection of eight papers, analysing the emergence and economic problems of the emerging economies during and after the international financial crisis of 2007–8 and the subsequent Great Recession. The contributions range from an analysis of the international financial crisis of 2007–8 in general terms to an analysis of the same but concentrating on the emerging economies, before turning to groups of economies, Arab, African and Eastern European countries, and two relevant but individual countries, namely China and Turkey. This book offers students, scholars, researchers and policy-makers detailed analysis and informed commentary on the origins of the international financial crisis of 2007–8 and the great recession by focusing on its effect on emerging countries.
Download or read book Turmoil at Twenty written by Marcelo Selowski and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Two decades since the fall of the Berlin wall, Central and Eastern Europe and the former Soviet Union, is experiencing the deepest contraction and is expected to see the weakest recovery in output among all emerging and developing economy regions a result of the global financial and economic crisis. Their commitment to open trade and financial integration as part of the transition from plan to market has brought many gains, but a combination of large global imbalances during this period and policy weaknesses in a number of countries made them vulnerable to the crisis. The global recession is expected to be deeper and more protracted than any in recent memory and will test the international community's commitment to both the middle income countries of emerging Europe with access to capital markets as well as the poorest countries of the former Soviet Union. Recovery from the crisis will require domestic policy reform in the countries and coordinated and sustained international collective action. After two decades, the business environment in transition countries increasingly resembles that of market economies at similar levels of per capita income. Strong private sector growth preceding 2008-2009 led to firms reporting infrastructure and skilled labor as being among the most important barriers to doing business for the first time since transition began. But rapid growth has also increased the costs to firms of weak market economy institutions, in part the product of legacy, especially in respect of the legal environment and corruption. Preparing for the recovery from crisis will require attention to these weaknesses in the enabling environment.
Download or read book The Impact of the Great Recessionon Emerging Markets written by Mr. Ferhan Salman and published by International Monetary Fund. This book was released on 2010-10-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the impact of the recent global crisis on emerging market economies (EMs). Our cross-country analysis shows that the impact of the crisis was more pronounced in those EMs that had initial weaker fundamentals and greater financial and trade linkages. This effect is observed along a number of dimensions, such as growth, stock market performance, sovereign spreads, and credit growth. This paper also shows that during this crisis, pre-crisis reserve holdings helped to mitigate the initial growth collapse. This finding contrasts with other studies that fail to find a significant relationship between reserves and the growth decline. This paper argues that our preferred measure of impact is a more accurate reflection of the true impact of the crisis on EMs.
Download or read book New Europe and the Great Recession written by Daniel Dăianu and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Decade after the Global Recession written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-19 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizable fiscal and monetary policy ammunition accumulated during prior years of strong growth. However, their growth prospects have weakened since then, and many now have less policy space. This study provides the first comprehensive stocktaking of the past decade from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and prepare for the possibility of another global downturn.
Download or read book Living with Hard Times written by Marco Giugni and published by Rowman & Littlefield Publishers. This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Living with Hard Times provides the first comparative study of the socio-political effects of the Great Recession amongst European citizens. It presents a detailed investigation of heterogeneity in the population within countries with respect to how citizens made sense of the crisis and how this impacted their livelihoods, outlooks and political engagement. It analyses citizens' experiences of the economic crisis, the decline of living standards and deprivation by structural location as well as differences in economic outlooks. It also examines the ways in which citizens from different social groups were able to be resilient to the effects of the economic crisis. Moreover, it shows how social support and social capital emerging from social relations contributed to resilience in the face of the crisis. Furthermore, it explores citizen attitudes to various welfare policies and to immigration, and how support for populist parties is differentiated within the population. Finally, the book looks at the impact of the crisis on different types of political action challenging incumbent governments and protesting against austerity policies"--
Download or read book European Populism in the Shadow of the Great Recession written by Takis S. Pappas and published by . This book was released on 2016-07-08 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, covering twenty-five populist parties in seventeen European states, presents the first comparative study of the impact of the Great Recession on populism. Based on a common analytical framework, chapters offer a highly differentiated view of how the interplay between economic and political crises helped produce patterns of populist development across Europe. Populism grew strongly in Southern and Central-Eastern Europe, particularly where an economic crisis developed in tandem with a political one. Nordic populism went also on the rise, but this region's populist parties have been surprisingly responsible. In Western Europe, populism actually contracted during the crisis - with the exception of France. As for the two Anglo-Celtic countries, while the UK has experienced the rise of a strong anti-European populist force, Ireland stands out as a rare case in which no such a party has risen in spite of the severity of its economic and political crises.
Download or read book The Great Recession written by David B. Grusky and published by Russell Sage Foundation. This book was released on 2011-10-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.
Download or read book Welfare and the Great Recession written by Stefán Ólafsson and published by Oxford University Press. This book was released on 2019-01-10 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welfare and the Great Recession surveys and analyses welfare consequences in the period following the financial crisis in Europe. It investigates how the burdens of the recession were shared between countries, between different socio-economic groups across Europe, and within individual countries, and offers new evidence that demonstrates the importance of the welfare state and government policies in sheltering populations from serious economic contraction. The first comprehensive study of the Great Recession in Europe that focuses on household level welfare consequences, this edited volume relates financial hardship to institutional characteristics such as welfare regimes, currency regimes, socio-political patterns, affluence levels, public debt, and policy reactions to periods of crisis. It takes into account stimulus versus austerity, the degree of social protection emphasis, the commitment to redistribution, and the significance of activism. Widely comparative, Welfare and the Great Recession combines comparisons of thirty countries with an in-depth study of nine country cases to offer various lessons from the crisis experience in Europe and reflect on welfare futures in a globalized crisis-prone environment.
Download or read book European Party Politics in Times of Crisis written by Swen Hutter and published by Cambridge University Press. This book was released on 2019-06-27 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of party competition in Europe since 2008 aids understanding of the recent, often dramatic, changes taking place in European politics.
Download or read book Crashed written by Adam Tooze and published by Penguin. This book was released on 2018-08-07 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems."--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.
