MARC Record from Library of Congress

LEADER: 04730cam a22003978a 4500
001 2011027489
003 DLC
005 20110713100127.0
008 110629s2011 enk b 001 0 eng
010 $a 2011027489
020 $a9781107014749
040 $aDLC$cDLC$dDLC
042 $apcc
043 $ae------
050 00 $aHG925$b.E8677 2011
082 00 $a330.94/05611$223
084 $aBUS045000$2bisacsh
245 04 $aThe Euro area and the financial crisis /$cedited by Miroslav Beblavý, David Cobham, and L̕udovít Ódor.
260 $aCambridge ;$aNew York :$bCambridge University Press,$c2011.
263 $a1110
300 $ap. cm.
500 $a"This volume brings together the papers and panel contributions presented at the conference on 'The Euro Area and the Financial Crisis', held in Bratislava from 6 to 8 September 2010"--Introd.
520 $a"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and exposed fault lines in governance and deficiencies in the architecture of the financial supervisory and regulatory framework. This book addresses these and other issues, including why the crisis affected some countries more than others, whether the euro is still attractive for new EU states, and what policy changes and structural reforms, both macro and micro, should be undertaken to ensure its future viability. Written by a team of leading academic and central bank economists, the book also includes chapters on the cross-country incidence of the crisis, the Irish crisis and ECB monetary policy during the crisis, and studies on Spain, the Baltics, Slovakia and Slovenia"--$cProvided by publisher.
504 $aIncludes bibliographical references and index.
505 8 $aMachine generated contents note: List of figures; List of tables; List of boxes; List of contributors; 1. Introduction Miroslav Beblavý, David Cobham and L̕udovít Ódor; 2. Towards a new architecture for financial stability in Europe Athanasios Orphanides; Part I. The Experience of the Crisis: 3. Weathering the financial storm: the importance of fundamentals and flexibility Thorvardur Tjörvi Ólafsson and Thórarinn G. Pétursson; 4. The Irish crisis Philip R. Lane; 5. The crisis in Spain: origins and developments Angel Gavilán, Pablo Hernández de Cos, Juan F. Jimeno and Juan A. Rojas; 6. The financial crisis and the Baltic countries Aurelijus Dabušinskas and Martti Randveer; Part II. Accession to the Euro Area: 7. The road to euro adoption: a comparison of Slovakia and Slovenia Biswajit Banerjee, Damjan Kozamernik and L̕udovít Ódor; 8. Is the euro really a 'teuro'? The effects of introducing the euro on prices of everyday non-tradables in Slovakia Miroslav Beblavý; 9. The euro's contribution to economic stability in Central, Eastern and Southeastern Europe: is euro adoption still attractive? Ewald Nowotny; 10. Is the euro still attractive for CEE countries? Zdeněk Tůma and David Vávra; Part III. The Future of the Euro Area: 11. Why the current account may matter in a monetary union: lessons from the financial crisis in the euro area Francesco Giavazzi and Luigi Spaventa; 12. National fiscal rules within the EU framework Daniele Franco and Stefania Zotteri; 13. The road to better resolution: from bail-out to bail-in Thomas F. Huertas; 14. Financial stability and monetary policy: lessons from the euro area Laurent Clerc and Benoît Mojon; 15. Is there a case for price level targeting? Boris Cournède and Diego Moccero; 16. Heterogeneity in the euro area and why it matters for the future of the currency union Wendy Carlin; 17. How to regain confidence in the euro area? Vitor Gaspar; 18. How to regain confidence in the euro area Stefan Gerlach; 19. How to save the euro? Lessons from the US Jacques Mélitz; Index.
650 0 $aMonetary policy$zEuropean Union countries.
650 0 $aEuro.
650 0 $aGlobal Financial Crisis, 2008-2009.
650 7 $aBUSINESS & ECONOMICS / Money & Monetary Policy.$2bisacsh
700 1 $aBeblavý, Miroslav.
700 1 $aCobham, David P.
700 1 $aÓdor, L̕udovít.
856 42 $3Cover image$uhttp://assets.cambridge.org/97811070/14749/cover/9781107014749.jpg
856 42 $3Contributor biographical information$uhttp://www.loc.gov/catdir/enhancements/fy1113/2011027489-b.html
856 42 $3Publisher description$uhttp://www.loc.gov/catdir/enhancements/fy1113/2011027489-d.html
856 41 $3Table of contents only$uhttp://www.loc.gov/catdir/enhancements/fy1113/2011027489-t.html