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Europe and the Euro: Integration, Crisis and Policies


A Progressively Integrated European Community within the Global EconomyThe Integration Process in Europe: Widening and DeepeningThe Customs Union, Competition Policy and the Single MarketThe EU’s Budget and Its EvolutionThe EU Countries in the World Economy: A Comparative PerspectiveNotesThe European Monetary Union and OCA Theories: A Common Currency Awaiting a Real Economic UnionFrom the End of the Bretton Woods System to the Creation and Crisis of the European Monetary SystemThe Convergence Criteria of the Maastricht Treaty and the European Monetary UnionOptimal Currency Area TheoriesInstitutional, Nominal and Real Convergence in the EUEmpirical Evidence on Real Convergence/Divergence in the Eurozone and in the EUNotesMonetary Policy and the European Central Bank: A Progressive Divorce from the Bundesbank Legacy?The ECB and Its GovernanceEconomic Features of the ECB: Independence and ConservatismFinal Objectives and the Inflation TargetMonetary Strategies and Instruments of Monetary PolicyThe ECB’s Activity and Performance since 1999: A Comparative AssessmentNotesFiscal Policies and the EU’s Governance: Only Rules and a Lack of Stabilisation MeasuresMonetary Unions and Rules on Public BudgetsThe Stability and Growth Pact and Its reformsChanges in Public Accounts and Debts after the CrisesThe New Stability and Growth Pact and the Fiscal CompactAusterity Policies in the Eurozone and Their Impact on Real EconomiesNotesThe Double Crisis in the Eurozone: Recession, Stagnation and High UnemploymentGlobal Imbalances, Financial Liberalisations and the Sub-Prime CrisisThe Transmission to the Real Economies and the Great RecessionEconomic Policy Response in the WorldThe Sovereign Debt Crisis in the EurozoneThe Double Recession in the Eurozone and the Lack of Effective DemandThe Impact of the Crises on (Un)employment, Especially Among the YoungNotesThe EU’s Policy Response: Too Little Too LateThe European Union’s Uncertain and Delayed Response to the Sovereign Debt Crisis: Economic and Political ExplanationsThe New ‘save-States’ Funds and the Role of the ‘troika’The Need for New Crisis Management Instruments and the Eurobond ProposalsThe ECB’s Unconventional Measures: ‘save the euro whatever it takes’Quantitative Easing and Targeted Operations to Fight Deflation and Sustain RecoveryThe Banking Union and the Need for a More Efficient Operation of the Credit MarketStructural Policies: From the Lisbon Agenda to ‘Europe 2020’ and BeyondNotesThe Need for Innovative Policies and Further Integration: A Real ‘Economic and Monetary’ Union Leading to a Future Political Union?Policies to Sustain Economic Growth and the Role of Aggregate DemandThe Need to Sustain Private and Public Investments: Beyond the Juncker PlanEurozone’s Budget and Finance Minister, and the Need for Radical Reforms in EU GovernanceMonetary Union, Economic Union and Political UnionNotes
 
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