What explains Eurozone member-states' divergent exposure to Europe's sovereign debt crisis? Deviating from current fiscal and financial views, From Convergence to Crisis focuses on labor markets in a narrative that distinguishes the winners from the losers in the euro crisis. Alison Johnston argues that Europe's monetary union was structured in a way that advantaged the corporatist labor markets of its northern economies in external trade and financial lending. Northern Europe’s distinct economic advantage lay not with its fiscal capabilities, which were not that different from those of southern Eurozone countries, but with its wage-setting institutions. Through highly coordinated collective bargaining, the euro North persistently undercut the inflation performance of southern trading partners, destining them to a perpetual cycle of competitive decline and external borrowing. While northern Europe’s corporatist labor markets were always low inflation performers, monetary union ultimately made their wage-setting institutions toxic for the South.The euro’s institutional predecessor, the European Monetary System, included economic and institutional mechanisms that facilitated macroeconomic adjustment and convergence between the common currency’s corporatist and noncorporatist economies. Combining cross-national statistical analysis with detailed qualitative case studies of Denmark, Germany, Italy, Ireland, the Netherlands, and Spain, Johnston reveals that monetary union’s removal of these mechanisms allowed external imbalances between these two blocs to grow unchecked, underpinning the crisis in which Europe currently finds itself. Rather than achieving the EU’s goal of an ever-closer union, the common currency produced a monetary environment that destabilized the economic integration of its diverse labor markets.
Автор: Jill M. Hendrickson Название: Regulation and Instability in U.S. Commercial Banking ISBN: 1349327816 ISBN-13(EAN): 9781349327812 Издательство: Springer Рейтинг: Цена: 11179.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.
Автор: Benali Название: Electricity-sector Reforms in the MENA Region ISBN: 3319962671 ISBN-13(EAN): 9783319962672 Издательство: Springer Рейтинг: Цена: 13974.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: - Introduction. - A Unique Confluence: Demographics, Socio-economics and Politics. - Three Main Drivers of Electricity- Sector Reforms. - Evaluation Step 1 -Impact on Production Costs (Performance) and Investments (Incentive). - Evaluation Step 2- How Optimal is the Sequencing of the Reform? - Evaluation step 3- Attractiveness, Feasibility. - Evaluation step 4- Credibility. - Evaluation Step 5- Remediability, or the Critical Path to Survival. - Prospects and Future of Reforms: Fuel mix Options. - Prospects and Future of Reforms: Resources Monetization. - Conclusion - Evolution of the Single Buyer Model in MENA.
Описание: This collection of essays from international experts examines the economic interests of armed actors ranging from military businesses in Egypt, Turkey, Iran, Pakistan, Jordan, Sudan, and Yemen to retired military officers` economic endeavors and the web of funding of non-state armed groups in Syria and Libya.
Автор: Leila Benali Название: Electricity-sector Reforms in the MENA Region ISBN: 3030071685 ISBN-13(EAN): 9783030071684 Издательство: Springer Рейтинг: Цена: 16769.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book uses electricity-sector reforms to question some of the preconceived ideas concerning the MENA region and to provide a broader analysis of related political economy issues. It presents potential further developments of MENA’s electricity-sector reforms, taking into consideration the region’s unique constraints and opportunities, and discusses the practical limits of reform and deregulation. Specifically, it examines the relationship between reforms and oil prices from a new perspective and presents alternatives to the Single Buyer Model.Complementing existing research on electricity-sector reforms in other emerging markets, the book provides a new analytical framework for assessing reforms that can be easily applied to other markets and sectors.
Автор: Pinstrup-Andersen, Per Название: Food Price Policy in an Era of Market Instability ISBN: 0198788835 ISBN-13(EAN): 9780198788836 Издательство: Oxford Academ Рейтинг: Цена: 6097.00 р. Наличие на складе: Поставка под заказ.
Описание: Food price volatility is one of the major challenges facing current and future global food systems. This book analyses how and why governments responded as they did to the global food crisis of 2007-09 and what their decisions can teach us about policy interventions.
Описание: This Palgrave Pivot contextualizes Henry George as an important and uniquely American figure in the fields of economics and political economy, with special emphasis on the frontier and innovation. This book discusses George’s concept of rent as the result of economic progress, explains George’s argument that the rise in rents caused by economic progress in turn generates inequality and poverty, and examines the relevance of these ideas in today’s financialized global economy. This book adds to the very necessary discussion of whether our current financial industry is a benefit or a drain on human economic well-being.
Автор: S. McBride; L. Dobuzinskis; Marjorie Griffin Cohen Название: Global Instability ISBN: 1402009461 ISBN-13(EAN): 9781402009464 Издательство: Springer Рейтинг: Цена: 16769.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Presents a series of papers that address the political consequences of globalization for states and their populations, while exploring the issue of alternatives to the model of globalization. They also talk about the challenges posed by globalization, including currency instability in an environment of financial deregulation.
Chapter 4: Corporate Hegemony and the Mutual Support Network
Chapter 5: Contemporary Neoliberalism
Chapter 6: Everyday Neoliberalism
Chapter 7: The Crises of the Eighties and the Ascent of the Greenspan Era
Chapter 8: The Washington Consensus and the Epic Crises of the Nineties
Chapter 9: The 2008 Meltdown
Chapter 10: Microfinance and Loan Sharking
Chapter 11: Will Peer-to-Peer and Equity Crowdfunding Be Different?
Chapter 12: The Neoliberal Oxymoron of Green Capitalism
Chapter 13: Conclusion
Автор: Elsayed Dina Название: Corruption in the Mena Region: Beyond Uprisings ISBN: 3030553132 ISBN-13(EAN): 9783030553135 Издательство: Springer Цена: 15372.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book explores the causes of corruption in the Middle East and North Africa through a systematic cross-national comparative analysis of fifteen countries in the region.
Описание: This contributed volume explores and reveals the dynamics, strengths and weaknesses, trends and implications of entrepreneurship in the Middle East and North Africa (MENA) region. Presenting papers by respected experts in the field, it shares essential insights on the status quo of entrepreneurship and the opportunities and threats it faces in the MENA region. Topics range from development of entrepreneurial universities to international entrepreneurship, as well as emergent topics such as green entrepreneurship, sustainable entrepreneurship and youth entrepreneurship.
Описание: This contributed volume explores and reveals the dynamics, strengths and weaknesses, trends and implications of entrepreneurship in the Middle East and North Africa (MENA) region. Presenting papers by respected experts in the field, it shares essential insights on the status quo of entrepreneurship and the opportunities and threats it faces in the MENA region. Topics range from development of entrepreneurial universities to international entrepreneurship, as well as emergent topics such as green entrepreneurship, sustainable entrepreneurship and youth entrepreneurship.
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