Download or read book Eurozone Dystopia written by William Mitchell and published by Edward Elgar Publishing. This book was released on 2015-05-29 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book The Political Economy of the Eurozone in Central and Eastern Europe written by Krisztina Arató and published by Routledge. This book was released on 2021-06-30 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book A Second Chance for Europe written by Jo Ritzen and published by Springer. This book was released on 2017-05-18 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Redefining European Economic Integration written by Dariusz Adamski and published by Cambridge University Press. This book was released on 2018-04-19 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Policy Design in the European Union written by Risto Heiskala and published by Springer. This book was released on 2018-01-24 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Pandemic Crisis and the European Union written by Paulo Vila Maior and published by Routledge. This book was released on 2021-11-15 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Germany from Peace to Power written by James D. Bindenagel and published by V&R Unipress. This book was released on 2020-08-10 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book European Integration written by Johann P. Arnason and published by Edinburgh University Press. This book was released on 2019-12-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Metamorphosis of the European Economic Constitution written by Herwig C.H. Hofmann and published by Edward Elgar Publishing. This book was released on 2019 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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}

Download or read book The Job Guarantee and Modern Money Theory written by Michael J. Murray and published by Springer. This book was released on 2017-01-25 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Debating Modern Monetary Theory written by Costas Lapavitsas and published by Taylor & Francis. This book was released on 2022-04-27 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Fiat Socialism written by Carlos García Hernández and published by Lola Books. This book was released on 2023-09-11 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiat socialism could also be called flexible socialism, as it frees socialism from the rigidities imposed by historical law. This socialism will take different forms in different places, it accepts that socialist organizations are not exempt from making mistakes, it will involve different levels of participation by the private sector, as well as different levels in the gross operating surpluses, and it is open to processes of improvement in order to mobilize real resources in the best possible way to achieve the goals of socialism. Only one rigidity is established: monetary sovereignty. Modern monetary theory is only valid in monetary systems where the state is the sovereign issuer of its currency and where there is an appropriate coordination between the Central Bank and the Treasury. If Archimedes in ancient Greece said give me a point of support and I will move the world, a socialist Archimedes would say give me monetary sovereignty and I will build you socialism. Euro delendus est

Download or read book What Is the Truth About the Great Recession and Increasing Inequality written by Mario Morroni and published by Springer. This book was released on 2018-09-15 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever puzzled over the causes of the 2007–8 financial crisis and wondered how it will affect all our futures? If so, this book is for you. Using imagined dialogue between three economists with contrasting theoretical perspectives and a student who knows little about economics, different interpretations are compared in straightforward, jargon-free language. The book explores both the consequences of neoliberal economic policies based on the belief in efficient, self-regulating markets and the implications of alternative economic visions formulated in response to the Great Recession. In all, nine dialogues are presented, each of which focuses on a key theme: increasing inequality, the failure of economists to predict the crash, the reasons for fiscal austerity, the rolling back of the welfare state, the roles of the state and the market, the repercussions of the German trade surplus and the Eurozone crisis, policies to confront the crisis, environmental degradation, and the need for an industrial policy appropriate to the present day. The book will be ideal for both general readers and those embarking on the study of economics.

Download or read book Public Value Theory and Budgeting written by Usman W. Chohan and published by Routledge. This book was released on 2019-05-22 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book And the Weak Suffer What They Must written by Yanis Varoufakis and published by Bold Type Books. This book was released on 2016-04-12 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: A #1 Sunday Times bestseller [UK] A titanic battle is being waged for Europe's integrity and soul, with the forces of reason and humanism losing out to growing irrationality, authoritarianism, and malice, promoting inequality and austerity. The whole world has a stake in a victory for rationality, liberty, democracy, and humanism. In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Texas, was elected to the Greek parliament with more votes than any other member of parliament. He was appointed finance minister and, in the whirlwind five months that followed, everything he had warned about-the perils of the euro's faulty design, the European Union's shortsighted austerity policies, financialized crony capitalism, American complicity and rising authoritarianism-was confirmed as the "troika" (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece's economic crisis. Here, Varoufakis delivers a fresh look at the history of Europe's crisis and America's central role in it. He presents the ultimate case against austerity, proposing concrete policies for Europe that are necessary to address its crisis and avert contagion to America, China, and the rest of the world. With passionate, informative, and at times humorous prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational European monetary union should, and can, be avoided at all cost.

Download or read book British Novels and the European Union written by Lisa Bischoff and published by Springer Nature. This book was released on 2023-03-08 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the cultural, political and economic conditions of British Euroscepticism. Focusing on eight British dystopian novels, published in the years before the decisive In/Out-Referendum, and taking into account cultural, political and economic contexts, Lisa Bischoff shows how the novels’ stance towards the integration project range from slight criticism to outright hostility. The wide availability of the novels, and the prominence of both its authors and readers, among which are political figures David Cameron, Nigel Farage and Daniel Hannan, amplify the power of literary Euroscepticism. Drawing on cultural studies, literature and social science, British Novels and the European Union reveals the many facets of British Euroscepticism.

Download or read book Marcel Gauchet and the Loss of Common Purpose written by Natalie J. Doyle and published by Lexington Books. This book was released on 2017-12-20 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bookexplores the work of Marcel Gauchet, one of France’s most prominent contemporary intellectuals, to examine the contemporary crisis of European democracy. It does so by examining the threats from ideological co-radicalization associated with the combined impact of economic crisis and Islamic fundamentalism. It locates Gauchet’s ideas in the context of French intellectual history and notes the significant influence upon it of the social and political theories of Cornelius Castoriadis and Claude Lefort and its reaction against those of Foucault. The book reviews the entire scope of Gauchet’s writings, from the early publications to the most recent publications on the “new world” of neo-liberal individualism, economism, and globalization. The book reveals how Gauchet’s work overcomes many of the misunderstandings affecting current discussions of controversial topics including the European Union, the nation-state, political Islam, the paradoxes of democracy, secularization, and reactionary political movements. It highlights the need for European societies to rediscover their political underpinnings: their capacity to invent a new collective future starting from the nation-state and to adapt to a new mode of international relations on a global scale. To do so, and to counter the threat of radicalization, they must retrieve the lost common purpose encapsulated in the notion of democratic sovereignty.