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Zusatztext Waltraud Schelkle develops this risk-sharing perspective in her fascinating (and original) analysis of monetary solidarity in the euro area, demonstrating the weakness of standard one-size-fits-all critiques of the euro as a common currency. Informationen zum Autor Waltraud Schelkle is Associate Professor of Political Economy at the European Institute, London School of Economics and Political Science. She is also an Adjunct Professor of Economics at the Free University of Berlin. Klappentext This volume provides a political economy approach to examine how the euro experiment came about and was sustained despite a severe crisis. Zusammenfassung This volume provides a political economy approach to examine how the euro experiment came about and was sustained despite a severe crisis.
Inhaltsverzeichnis
- 1: Introduction: Understanding the Euro Experiment
- Part I: Building Blocks
- 2: The Political Economy of Monetary Solidarity
- 3: Evidence for Economic Risk-Sharing Between States
- Part II: Evolving Monetary Unions of Limited Risk-Sharing
- 4: A Short History of Risk-Sharing in the US Monetary Union
- 5: The System of Limited Risk-Sharing in the Euro Area
- 6: The Euro Area Crisis as a Stress Test for Monetary Solidarity
- 7: Monetary Solidarity by Default and by Design
- Part III: Solidarity in Action
- 8: Social Solidarity in Labour Market Integration
- 9: Monetary Solidarity in Financial Integration
- 10: The Experiment of the Euro
Bericht
Waltraud Schelkle develops this risk-sharing perspective in her fascinating (and original) analysis of monetary solidarity in the euro area, demonstrating the weakness of standard one-size-fits-all critiques of the euro as a common currency. Erik Jones, Survival: Global Politics and Strategy