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The Economic Crisis and Governance in the European Union: A Critical Assessment (Routledge Studies in the European Economy) - Hardcover

 
9780415858908: The Economic Crisis and Governance in the European Union: A Critical Assessment (Routledge Studies in the European Economy)
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This book explores the way in which the financial crisis that began in the US spread to the economy of the European Union. It takes a critical look at the measures adopted by EU institutions in response to that crisis, seeking to explain the rationale behind them, their context, their development and why different exit strategies were not adopted. In doing this, the book makes comparisons with the measures adopted by institutions in the US and the UK.

As the crisis has shown that the financial supervision frameworks prevailing in 2007 were not fully able to deal with the largest financial crisis in history, this volume also reviews the proposals that have been designed to reform the supervisory architecture in financial services in the EU.

The book concludes that the EU member states under most pressure from financial markets do suffer from intrinsic problems, but that the economic effects of the crisis have been exacerbated by shortcomings in economic governance within the EU.

This work will be highly relevant to policy makers and scholars looking at EU integration, finance and market regulation.

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'This book, the 28th volume in the publisher's "Studies in the European Economy" series, examines the responses the European Union adopted to counter the financial crisis that erupted in 2008...This work will be highly relevant to policy makers and scholars looking at EU integration, finance, and market regulation. Summing Up: Recommended. Researchers, professionals, practitioners.' -- R. Grossman, Wesleyan University, for CHOICE
About the Author:

Javier Bilbao-Ubillos is Senior Lecturer in the Department of Applied Economics at the University of the Basque Country, Spain.

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  • PublisherRoutledge
  • Publication date2013
  • ISBN 10 0415858909
  • ISBN 13 9780415858908
  • BindingHardcover
  • Edition number1
  • Number of pages202
  • EditorBilbao-Ubillos Javier

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