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001 978-3-319-46388-9
003 DE-He213
005 20210420092419.0
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008 161121s2016 gw | s |||| 0|eng d
020 _a9783319463889
_9978-3-319-46388-9
024 7 _a10.1007/978-3-319-46388-9
_2doi
050 4 _aHC241
072 7 _aKCS
_2bicssc
072 7 _aBUS069020
_2bisacsh
072 7 _aKCS
_2thema
072 7 _aJPSN
_2thema
082 0 4 _a337.142
100 1 _aJespersen, Jesper.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
245 1 4 _aThe Euro
_h[electronic resource] :
_bWhy it Failed /
_cby Jesper Jespersen.
250 _a1st ed. 2016.
264 1 _aCham :
_bSpringer International Publishing :
_bImprint: Palgrave Macmillan,
_c2016.
300 _aXIII, 133 p. 20 illus., 12 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _a1. Eurozone Crises -- 2. An 'Optimal' Currency Area: What Could it Mean? -- 3. Why was the EMU Established?: Different Perspectives -- 4. Balance of Payments Imbalances have Become the Achilles Heel of the EMU -- 5. Public Sector Deficit and Debt: Cause or Effect? -- 6. Macroeconomic Imbalances: Unemployment and Inequality -- 7. Distressed ECB and Financial Instability -- 8. Any Future for the Euro?.
520 _aThis book takes a close look at macroeconomic imbalances within the Eurozone and explores the profound consequences the introduction of the European Monetary Union (EMU) has had on Euro area countries. Particular attention is given to balance of payments deficits and surpluses, and the profound difficulties of rebalancing the Euro area. Throughout the chapters, the author argues that the EMU has failed to support an optimal currency area with the correct institutional arrangements due to misunderstandings at a macroeconomic level. The author also sheds light on the stability pact and the resulting macroeconomic trap which has left a number of Eurozone countries with devastatingly high rates of unemployment. The book argues that by disregarding important macroeconomic imbalances, Euro-monetarists have derailed the entire Eurozone project to such an extent that it is at risk of falling apart. Key chapters discuss the establishment of the EMU from a Euro-realist perspective and the role of the European Central Bank in rebalancing financial markets. The concluding chapter looks ahead to the future of the Euro and proposes necessary institutional solutions to the macroeconomic problems it is currently facing. Scholars and students with an interest in the current economic disarray within the Eurozone will find this work thought-provoking and highly informative. Jesper Jespersen is Professor of Economics at Roskilde University, Denmark. He holds a PhD in International Economics from the European University Institute, Florence, Italy. Further, he has been a visiting professor at the University of Burgundy, France, and a research fellow at Churchill College, Cambridge, UK. He is the author of Macroeconomic Methodology (2009), and co-editor of Keynes's General Theory for Today (2012) and Teaching Post Keynesian Economics (2013).
650 0 _aEuropean Economic Community literature.
650 0 _aEconomic policy.
650 0 _aEurope-Politics and government.
650 1 4 _aEuropean Integration.
_0https://scigraph.springernature.com/ontologies/product-market-codes/W33010
650 2 4 _aEconomic Policy.
_0https://scigraph.springernature.com/ontologies/product-market-codes/W34010
650 2 4 _aEuropean Politics.
_0https://scigraph.springernature.com/ontologies/product-market-codes/911130
710 2 _aSpringerLink (Online service)
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783319463872
776 0 8 _iPrinted edition:
_z9783319463896
776 0 8 _iPrinted edition:
_z9783319835082
856 4 0 _uhttps://s443-doi-org.br.lsproxy.net/10.1007/978-3-319-46388-9
912 _aZDB-2-ECF
912 _aZDB-2-SXEF
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999 _c376246
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