Titlebook: Europe and the Financial Crisis; Pompeo Posta (Associate Professor in Economic Poli Book 2011 Palgrave Macmillan, a division of Macmillan

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Real Divergence Across Europe and the Limits of EMU Macroeconomic Governanceed by the much faster international financial transmission. The financial crisis, stemmed in 2007 from ‘moral hazard’ in the creation of derivatives by banking institutions in the United States, rapidly crossed the Atlantic. European banks loaded with the overpriced derivatives created through the s

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The Euro in the International Monetary System after the Global Financial and Economic Crisis and aft. Some observers even argued that it might have challenged the international role of the $US (hereafter: dollar). Data suggest, however that while the use of the euro as a reserve currency, as a vehicle currency or as a unit of account has been higher than that of legacy currencies, it did not reall

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From Miracle to Crash? The Impact of the Global Financial Crisis on Spaine in other regions. Yet, the effects of the crisis on developed members of the EU were uneven. Some were hit as a result of their over-reliance on banking, finance and trade, suffering a temporary set-back but with positive long-term prospects due to their competitiveness. Germany and the United Kin