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Item Details
| Title:
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THE YEAR THE EUROPEAN CRISIS ENDED
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| By: |
Erik Jones |
| Format: |
Electronic book text |
| List price:
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£30.00 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
1137451114 |
| ISBN 13: |
9781137451118 |
| Publisher: |
PALGRAVE MACMILLAN |
| Pub. date: |
29 May, 2014 |
| Series: |
Global Reordering |
| Description: |
The author narrates the end of the European crisis from the June 2012 European Council summit through the bailout of Cyprus. Paying particular attention to political developments in Italy, the book shows the fragility of market confidence and the waving attitudes of political elites. |
| Synopsis: |
The European crisis came to an end when first political leaders and then the European Central Bank promised to do whatever it takes to safeguard the euro. Specifically they committed to create a European banking union and to buy unlimited amounts of sovereign debt in distressed markets for governments that made a binding commitment to reform. Markets were initially sceptical and yet ultimately persuaded by the commitment of European elites. Events in Italy and Cyprus threatened to return Europe to crisis and yet were ultimately managed without major turmoil. Somehow along the way, however, the desire of European elites to do whatever is necessary began to waver and their commitment to banking union diminished. The European crisis has ended but Europe is not yet resilient enough to ensure that it will not recur. |
| Publication: |
UK |
| Imprint: |
Palgrave Pivot |
| Returns: |
Non-returnable |
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