Год выпуска: 2013 Автор: Paulo Vila Maior Издательство: LAP Lambert Academic Publishing Страниц: 176 ISBN: 9783659453243
Описание
EMU is at the centre of the stage for the crisis that spreads criticisms on the lack of instruments to correct asymmetric shocks within the Euro-zone. This bears a social dimension for the long-lasting period of negative growth, massive unemployment and social inequality due to the uneven distribution of costs. EMU is now envisaged by many sectors as a rotten piece in the realm of European integration. This turmoil is the context for the book. Some debates on the future of EMU are by large contaminated by emotional analyses that fail to recognise that desirable solutions clash against the political context (absent political willingness both at the domestic and at the EU levels), as well as from rigidities coming from EU treaties. The main purpose of this book is to provide a context for understanding the limits of change to EMU. It is necessary to understand the theoretical underpinnings of EMU, both at the foundational stage and for the Euro-zone governance. The awareness of some of...