EU Fiscal Policy Coordination in Hard Times is popular PDF and ePub book, written by Charlotte Rommerskirchen in 2019, it is a fantastic choice for those who relish reading online the BUSINESS & ECONOMICS genre. Let's immerse ourselves in this engaging BUSINESS & ECONOMICS book by exploring the summary and details provided below. Remember, EU Fiscal Policy Coordination in Hard Times can be Read Online from any device for your convenience.
EU Fiscal Policy Coordination in Hard Times Book PDF Summary
What happens to European Union (EU) fiscal policy coordination in hard times? Recent accounts of the EU have portrayed the union as plagued by an austerity regime and rampant moral hazard. Charlotte Rommerskirchen provides an alternative account of economic cooperation in Europe during the Great Recession and the European Debt Crisis. Drawing on Mancur Olson's theory of collective action, this volume combines evidence from statistical analysis and extensive interviews with key players. This book reaches an unexpected conclusion regarding the state of collective action in times of crises: Free riding was not rife. Despite heated accusations, member states crisis policies matched their fiscal room for manoeuvre. The real collective action failure is instead diagnosed in the inability to sanction free riders at the EU level and empowering erratic bond markets to discipline governments.
Detail Book of EU Fiscal Policy Coordination in Hard Times PDF
- Author : Charlotte Rommerskirchen
- Release : 01 October 2024
- Publisher : Unknown
- ISBN : 0191867446
- Genre : BUSINESS & ECONOMICS
- Total Page : null pages
- Language : English
- PDF File Size : 11,5 Mb
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