Safeguarding the Euro in Times of Crisis

Safeguarding the Euro in Times of Crisis

Author:

Publisher:

Published: 2019

Total Pages: 419

ISBN-13: 9789295085336

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This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financial leaders and ESM insiders provide a rich stock of perspectives and anecdotes that bring to life the urgency of the crisis as well as the innovative solutions found to resolve it. The European Stability Mechanism and its temporary predecessor the EFSF provided billions of euros in loans to five hard-hit euro area countries during the European financial and sovereign debt crisis of the early 2000s, helping to safeguard the stability of those countries and the euro area as a whole. Initially, the crisis-torn euro area was ill-equipped institutionally, but the rapid establishment of the firewalls, the assistance programmes, deep‐seated country reforms, the strengthening of European institutions, and extraordinary European Central Bank measures shielded Europe from a euro area break-up. With the EFSF/ESM set-up, its managers aspired to create a new, more entrepreneurial international financial institution, one that is agile enough to respond quickly to new challenges, while still ensuring the strict governance befitting an organisation pursuing a public mission. The euro area has emerged from near disaster in more robust shape. As Europe strives to further strengthen its architecture in preparation for any possible future crises, it is important to reflect upon how the euro area reinvigorated its fortunes and draw the relevant lessons for future crisis management in Europe and beyond.


Social and Economic Development in Central and Eastern Europe

Social and Economic Development in Central and Eastern Europe

Author: Grzegorz Gorzelak

Publisher: Routledge

Published: 2019-08-13

Total Pages: 372

ISBN-13: 0429835280

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The integration of post-socialist Central and Eastern Europe into the EU is one of the success stories of European development. The region has seen significant economic convergence, dramatic changes in socio-economic indicators and improvements in the natural environment. However, some challenges remain, such as political divergence, public governance issues and population demographics. This book identifies and analyses the key post-1990 developments across the New Member States at the sub-national and national levels, with frequent country-level and regional comparisons. Careful attention is paid to drawing out commonalities in development trajectories while appreciating each country’s unique context. Drawing on the academic literature and illuminating empirical material, the broad range of topics discussed in the book paints a detailed picture of both change and stability in Central and Eastern Europe. It will be valuable reading for advanced students, researchers and policymakers in regional studies, European studies, human geography, political economy and transition economics.


The Kremlin Playbook

The Kremlin Playbook

Author: Heather A. Conley

Publisher: Rowman & Littlefield

Published: 2016-10-27

Total Pages: 86

ISBN-13: 1442279591

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Russia has cultivated an opaque web of economic and political patronage across the Central and Eastern European region that the Kremlin uses to influence and direct decisionmaking. This report from the CSIS Europe Program, in partnership with the Bulgarian Center for the Study of Democracy, is the result of a 16-month study on the nature of Russian influence in five case countries: Hungary, Slovakia, Bulgaria, Latvia, and Serbia.


A Difficult Neighbourhood

A Difficult Neighbourhood

Author: John Besemeres

Publisher: ANU Press

Published: 2016-10-14

Total Pages: 539

ISBN-13: 1760460613

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Through a series of essays on key events in recent years in Russia, the western ex-republics of the USSR and the countries of the one-time Warsaw Pact, John Besemeres seeks to illuminate the domestic politics of the most important states, as well as Moscow’s relations with all of them. At the outset, he takes some backward glances at the violent suppression of national life in the ‘bloodlands’ of Europe during World War II by the Stalinist and Nazi regimes, which helps to explain much about the region’s dynamics since. His concern throughout is that a large area of Europe with a combined population well in excess of Russia’s could again be consigned by the West to Moscow’s care, not this time by more and less malign forms of collusion, but by distracted negligence or incomprehension. ‘This is a wonderful collection of essays from a leading Eastern Europe specialist. John Besemeres brings a lifetime of experience, profound insights, and an incisive style to subjects ranging from wartime and post-war Poland through contemporary Ukraine to Putin’s Russia. At a time when doublespeak has become the new normal, his refreshing honesty has never been in greater need.’ — Bobo Lo This publication was awarded a Centre for European Studies Publication Prize in 2015. The prize covers the cost of professional copyediting.


A Continent Moving West?

A Continent Moving West?

Author: Richard Black

Publisher: Amsterdam University Press

Published: 2010

Total Pages: 342

ISBN-13: 9089641564

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Dit boek beschrijft de toename van migratie uit Oost-europese landen in de periode van 2004-2007, na toetreding tot de EU. Het bevat nieuwe empirische 'casestudies' van migratiepatronen, zowel gebaseerd op veldwerk als op de analyse van bestaande statistieken.


Wars and Betweenness

Wars and Betweenness

Author: Bojan Aleksov

Publisher: Central European University Press

Published: 2020-09-15

Total Pages: 236

ISBN-13: 9633863368

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The region between the Baltic and the Black Sea was marked by a set of crises and conflicts in the 1920s and 1930s, demonstrating the diplomatic, military, economic or cultural engagement of France, Germany, Russia, Britain, Italy and Japan in this highly volatile region, and critically damaging the fragile post-Versailles political arrangement. The editors, in naming this region as "Middle Europe" seek to revive the symbolic geography of the time and accentuate its position, situated between Big Powers and two World Wars. The ten case studies in this book combine traditional diplomatic history with a broader emphasis on the geopolitical aspects of Big-Power rivalry to understand the interwar period. The essays claim that the European Big Powers played a key role in regional affairs by keeping the local conflicts and national movements under control and by exploiting the region's natural resources and military dependencies, while at the same time strengthening their prestige through cultural penetration and the cultivation of client networks. The authors, however, want to avoid the simplistic view that the Big Powers fully dominated the lesser players on the European stage. The relationship was indeed hierarchical, but the essays also reveal how the "small states" manipulated Big-Power disagreements, highlighting the limits of the latters' leverage throughout the 1920s and the 1930s.


Banking and Financial Stability in Central Europe

Banking and Financial Stability in Central Europe

Author: David Green

Publisher: Edward Elgar Publishing

Published: 2002-04-26

Total Pages: 248

ISBN-13: 9781781950296

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'...this book would be suited to lawyers and non-lawyers alike. In addition, it provides an interesting look at the EU banking system and the systems of Central and Eastern European countries.' - Ellie Palmer, Journal of International Banking Law and Regulation The eastwards expansion of the European Union is one of the most explosive economic and political issues of the early 21st century. Economic and financial stability combined with rising prosperity in the applicant countries are increasingly seen as necessary preconditions for European Union membership. This authoritative volume, written by scholars and practitioners from Central and Western Europe and the United States, confronts the issues involved in three of the countries most likely to be successful applicants to the EU - the Czech Republic, Hungary and Slovenia. A spotlight is turned on the banking and financial industries, as they are crucial to the achievement of economic stability. The blend of expertise deployed, which draws on in-depth knowledge and extensive experience in central banking, financial and commercial law, business, practical policy making and economic analysis, ensures that this book is timely, relevant and insightful. The authors suggest that the role of the state in both creating and maintaining an effective financial sector is central. Furthermore, they argue that well-regulated commercial banks and strategic foreign investors are a must as, in practice, the attempt to skip straight to modern capital markets has been ruinous. This accessibly written volume will be of interest to students and scholars of economics, finance, law, political science, the sociology of economic life and European studies.


Borders and Border Regions in Europe

Borders and Border Regions in Europe

Author: Arnaud Lechevalier

Publisher: transcript Verlag

Published: 2014-04-30

Total Pages: 271

ISBN-13: 3839424429

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Focussing European borders: The book provides insight into a variety of changes in the nature of borders in Europe and its neighborhood from various disciplinary perspectives. Special attention is paid to the history and contemporary dynamics at Polish and German borders. Of particular interest are the creation of Euroregions, mutual perceptions of Poles and Germans at the border, EU Regional Policy, media debates on the extension of the Schengen area. Analysis of cross-border mobility between Abkhazia and Georgia or the impact of Israel's »Security Fence« to Palestine on society complement the focus on Europe with a wider view.