The Euro and International Financial Stability

As a result of the financial crisis, the weaknesses of the Eurozone, including the public debt crisis, materialized in severe depressions in certain of its country members. In this monograph, the author analyzes structural weaknesses of the Eurozone and argues that they can be traced to (i) institut...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Tsionas, Efthymios G. (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Cham : Springer International Publishing : Imprint: Springer, 2014.
Σειρά:Financial and Monetary Policy Studies, 37
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
Πίνακας περιεχομένων:
  • 1 Introduction
  • 2 What Went Wrong With the Euro?.- 3 Public Debt: Introductory Remarks
  • 4 Was the Eurozone an Acceptable Currency Union?
  • 5 Preconditions of a Monetary Union
  • 6 What Was the Theory Behind the Formation of EMU?
  • 7 Will the Eurozone Dissolve Into Its Constituents?
  • 8 Can There Be an Efficient Dissolution of a Monetary Union?
  • 9 Complete Fiscal Freedom in the Transition Period?
  • 10 Understanding Crises and Recessions
  • 11 Will Bailouts Lead to a Dissolution of the Euro?
  • 12 On the Destabilizing Effects of Bailouts
  • 13 On Sound Money and Credit Conditions
  • 14 The Case of Free Banking
  • 15 The Explosion of Public Debts
  • 16 The Current Policies of the ECB
  • 17 Some Remarks on the Greek Problem
  • 18 Can There Be Stable Currencies After the Euro?
  • 19 The Gold Standard and Free Banking
  • 20 An Unexpected Supporter of the Gold Standard
  • 21 Fundamental Problems of the Eurozone
  • 22 Stability and the Eurozone
  • 23 Conditions for Genuine Financial and Monetary Stability
  • 24 International Financial Stability
  • 25 On Monetary Policies
  • 26 A New Fiscal Policy?
  • 27 The "Price Puzzle"
  • 28 Re-Distributional Effects of Austerity Measures
  • 29 Further Remarks on International Financial Stability
  • 30 The Accommodation of Public Debt by Commercial Banks
  • 31 The Consequence of the Market's Responses
  • 32 Is Eurozone Effectively a Socialist Commonwealth?
  • 33 Banking Efficiency
  • 34 Banking and Regulation
  • 35 Policy and Institutional Change in Southern Europe
  • 36 Was the Euro a Bad or a Good Idea?
  • 37 The Role of the Rate of Profit
  • 38 International Industrial Structure
  • 39 Capital Structure and Financial Stability
  • 40 International Empirical Evidence on the ABC's of Recessions.