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Walking the Highwire

Rebalancing the European Economy in Crisis

Olli Rehn

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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

Walking the Highwire tells the story of the Eurozone Crisis from the perspective of the former Vice-President of the European Commission who was responsible for Economic and Monetary Affairs in 2010-2014. It is a comprehensive European account that covers both events and decisions in Brussels and Frankfurt and in the member states, both in distressed countries and creditor states. It also provides an economic-political analysis of the crisis and its management, recognising that the Euro was created politically, and saved politically.  

Thoroughly researched and based on economic analysis of the time, reports on various meetings and the author's own speaking notes and diary, this book begins with a narrative of crisis management 2009-2012, before moving on to address the beginning of the recovery from 2013-2014. It concludes with the lessons learnt from the crisis and a programme for reform of the Eurozone in the 2020s, with contemporary policy relevance. 

This is an entertaining and engaging account which will be of interest to a wide audience: scholars and students, practitioners and commentators of the Eurozone.

 

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Kundenbewertungen

Schlagwörter

Rebalancing of the European economy, Global Financial Crisis, The Euro Crisis, Sovereign debt, Grexit, European Financial Stability Facility, Comprehensive Crisis Response, Financial accelerator theory, European Stability Mechanism, European Economic Recovery Plan, Macroeconomic imbalances, Economic governance, Populism in Europe, Brexit, Intergovernmentalism, The European Union, Economic and Monetary Union, financial crises, Eurozone reform