MARC Record from marc_nuls

LEADER: 03933cam 2200445 i 4500
001 9925307706901661
005 20171206185350.2
008 160404s2016 njua b 001 0 eng
010 $a 2016010112
019 $a942707388$a961875144
020 $a9780691172927$q(hardcover ;$qalk. paper)
020 $a0691172927$q(hardcover ;$qalk. paper)
024 8 $a40026608301
035 $a99975893561
035 $a(OCoLC)944469196$z(OCoLC)942707388$z(OCoLC)961875144
035 $a(OCoLC)ocn944469196
037 $bPrinceton Univ Pr, C/O Perseus Distribution 210 American Dr, Jackson, TN, USA, 38301$nSAN 631-760X
040 $aDLC$beng$erda$cDLC$dPUL$dBTCTA$dYDXCP$dOCLCF$dERASA$dBDX$dJ2H$dVP@$dCHVBK$dRCJ$dZWZ$dZLM$dYUS$dIAK$dLIP$dSFR$dOCLCO$dOCLCQ
042 $apcc
043 $ae------
050 00 $aHC240$b.B77 2016
082 00 $a332/.042094$223
100 1 $aBrunnermeier, Markus Konrad,$eauthor.
245 14 $aThe euro and the battle of ideas /$cMarkus K. Brunnermeier, Harold James, and Jean-Pierre Landau.
264 1 $aPrinceton ;$aOxford :$bPrinceton University Press,$c[2016]
300 $aviii, 440 pages :$billustrations ;$c25 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
504 $aIncludes bibliographical references and index.
505 0 $aIntroduction -- Part I: Power shifts and German-French differences. Power shifts ; Historical roots of German-French differences ; German-French differences in economic philosophies -- Part II: Monetary and fiscal stability : the ghost of Maastricht. Rules, flexibility, credibility, and commitment ; Liability versus solidarity : no-bailout clause and fiscal union ; Solvency versus liquidity ; Austerity versus stimulus -- Part III: Financial stability : Maastricht's stepchild. The role of the financial sector ; Financial crises : mechanisms and management ; Banking union, European safe bonds, and exit risk -- Part IV: Others' perspectives. Italy ; Anglo-American economics and global perspectives ; The International Monetary Fund (IMF) ; European Central Bank (ECB) -- Conclusion: Black and white or twenty-eight shades of gray?
520 $a"Why is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe's survival. As the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments. The authors discuss how the troubles faced by the Euro have led its member states to focus on national, as opposed to collective, responses, a reaction explained by the resurgence of the battle of economic ideas: rules vs. discretion, liability vs. solidarity, solvency vs. liquidity, austerity vs. stimulus. Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe's future." ; Publisher's description.
651 0 $aEuropean Union countries$xEconomic policy.
650 0 $aEurozone.
650 0 $aMonetary policy$zEuropean Union countries.
650 0 $aFinancial crises$zEuropean Union countries.
700 1 $aJames, Harold,$d1956-$eauthor.
700 1 $aLandau, Jean-Pierre,$eauthor.
947 $hCIRCSTACKS$r31786103112204
980 $a99975893561