The Euro and International Financial Stability

Business & Finance, Economics, Public Finance, Macroeconomics
Cover of the book The Euro and International Financial Stability by Efthymios G. Tsionas, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Efthymios G. Tsionas ISBN: 9783319011714
Publisher: Springer International Publishing Publication: October 31, 2013
Imprint: Springer Language: English
Author: Efthymios G. Tsionas
ISBN: 9783319011714
Publisher: Springer International Publishing
Publication: October 31, 2013
Imprint: Springer
Language: English

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) institutional differences, (ii) differences in the economic structures, (iii) the fundamental inability of European Bureaucracy to deal with crises, and (iv) the extreme rigidity of markets which prevents a general equilibrium in product and credit markets. He concludes that whether the Eurozone is sustainable, depends on future monetary and credit policies, and discusses the implications of reforming it in the best interest of the international banking and financial system. The recent policies of the ECB of “cheap” credit expansion are examined in detail. The approach of the work is along the lines of von Mises’ and Hayek’s Austrian tradition; additionally, substantive international empirical evidence supporting this Austrian approach is presented.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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) institutional differences, (ii) differences in the economic structures, (iii) the fundamental inability of European Bureaucracy to deal with crises, and (iv) the extreme rigidity of markets which prevents a general equilibrium in product and credit markets. He concludes that whether the Eurozone is sustainable, depends on future monetary and credit policies, and discusses the implications of reforming it in the best interest of the international banking and financial system. The recent policies of the ECB of “cheap” credit expansion are examined in detail. The approach of the work is along the lines of von Mises’ and Hayek’s Austrian tradition; additionally, substantive international empirical evidence supporting this Austrian approach is presented.

More books from Springer International Publishing

Cover of the book Environmental Nanotechnology by Efthymios G. Tsionas
Cover of the book Sinus Grafting Techniques by Efthymios G. Tsionas
Cover of the book Information and Communication Technologies in Tourism 2016 by Efthymios G. Tsionas
Cover of the book Advances in Nonlinear Geosciences by Efthymios G. Tsionas
Cover of the book Cognitive Radio Policy and Regulation by Efthymios G. Tsionas
Cover of the book Application of Infrared Thermography in Sports Science by Efthymios G. Tsionas
Cover of the book Business Improvement Districts in the United States by Efthymios G. Tsionas
Cover of the book Understanding Food Insecurity by Efthymios G. Tsionas
Cover of the book Governing the Nexus by Efthymios G. Tsionas
Cover of the book Excel 2013 for Educational and Psychological Statistics by Efthymios G. Tsionas
Cover of the book Continuum Mechanics Through the Eighteenth and Nineteenth Centuries by Efthymios G. Tsionas
Cover of the book Dynamic Paleontology by Efthymios G. Tsionas
Cover of the book Gas Accretion onto Galaxies by Efthymios G. Tsionas
Cover of the book Ergodic Theory by Efthymios G. Tsionas
Cover of the book Dynamic Systems for Everyone by Efthymios G. Tsionas
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy