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Item Details
Title: STATES, DEBT, AND POWER
'SAINTS' AND 'SINNERS' IN EUROPEAN HISTORY AND INTEGRATION
By: Kenneth Dyson
Format: Hardback

List price: £105.00
Our price: £91.88
Discount:
12.5% off
You save: £13.12
ISBN 10: 0198714076
ISBN 13: 9780198714071
Availability: Usually dispatched within 1-3 weeks.
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Publisher: OXFORD UNIVERSITY PRESS
Pub. date: 3 July, 2014
Pages: 800
Description: States, Debt, and Power deals with one of the most pressing political and policy issues of the 21st century: the so-called 'crisis of debt' with its effects on perceptions of state power and of the relevance and value of democratic politics and of European integration.
Synopsis: States, Debt, and Power argues for the importance of situating our contextually influenced thinking about European states and debt within a commitment to historically informed and critical analysis. It teases out certain broad historical patterns. The book also examines the inescapably difficult and contentious judgements about 'bad' and 'good' debt; about what constitutes sustainable debt; and about distributive justice at times of sovereign debt crisis. These judgements offer insight into the nature of power and the contingent nature of sovereign creditworthiness. Three themes weave through the book: the significance of creditor-debtor state relations in defining asymmetry of power; the context-specific and constructed character of debt, above all in relation to war; and the limitations of formal economic reasoning in the face of radical uncertainty. Part I examines case studies from Ancient Greece to the modern Euro Area and brings together a wealth of historical data that cast fresh light on how sovereign debt problems are debated and addressed.Part II looks at the conditioning and constraining framework of law, culture, and ideology and their relationship to the use of policy instruments. Part III shows how the problems of matching the assumption of liability with the exercise of control are rooted in external trade and financial imbalances and external debt; in financial markets and vulnerability to banking crisis; in the character of the 'private governance of public debt'; in who has power over indicators of sustainability; in domestic institutional and political arrangements; and in sub-national fiscal governance. Part IV looks at how the problems of mismatch between liability and control take on an acute form within the historical context of European monetary union, above all in Euro Area debt crises.
Publication: UK
Imprint: Oxford University Press
Prizes: Winner of Winner of the UACES Best Book Prize 2015.
Returns: Returnable
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ARCHITECTS OF THE EURO (HB)
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EUROPEAN STATES AND THE EURO (HB)
EUROPEAN STATES AND THE EURO (PB)
GERMANY, EUROPE, AND THE POLITICS OF CONSTRAINT (HB)
SMALL AND MEDIUM SIZED ENTERPRISES
SMALL AND MEDIUM SIZED ENTERPRISES
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SMALL AND MEDIUM SIZED ENTERPRISES
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THE EURO AT TEN (HB)
THE POLITICS OF ECONOMIC REFORM IN GERMANY
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THE POLITICS OF ECONOMIC REFORM IN GERMANY
THE POLITICS OF ECONOMIC REFORM IN GERMANY (PB)
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WHICH EUROPE?
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