TY - BOOK AU - Godby,Robert TI - The European financial crisis: debt, growth, and economic policy T2 - Economics collection, SN - 9781606497074 (e-book) AV - HB3782 .G634 2014 U1 - 330.94 23 PY - 2014/// CY - New York, New York (222 East 46th Street, New York, NY 10017) PB - Business Expert Press KW - Financial crises KW - Europe KW - Economic conditions KW - 21st century KW - European debt crisis KW - European politics KW - European Union KW - EU KW - European integration KW - sovereign debt KW - currency union KW - monetary policy KW - fiscal policy KW - EU institutions KW - debt crisis timeline KW - the Euro KW - Greek debt crisis KW - macroeconomics KW - recession KW - banking union KW - Eurozone KW - bailouts KW - currency risk KW - bond risk KW - financial uncertainty KW - central bank policy KW - central bank independence KW - Germany KW - ECB KW - European Central Bank KW - IMF KW - International Monetary Fund KW - the troika KW - European unemployment KW - Electronic books N1 - Part of: 2014 digital library; Includes bibliographical references (pages 213-216) and index; Acknowledgements -- Part I. Introduction: understanding the problem. Why is this so hard? -- 1. Introduction: where there's smoke, there's fire -- Part II. The imperfect architecture of the Eurozone -- 2. The flawed governmental architecture of the Eurozone -- 3. The flawed economic architecture of the Eurozone -- 4. The flawed sociopolitical architecture of the Eurozone -- Part III. Evolution of the Euro crisis -- 5. Flight of the bumblebee: precrisis structural imbalances and their influence in the Eurozone -- 6. Misperception of European risk, market reactions, and policy response: a timeline of the Euro crisis -- Part IV. Moving forward -- 7. Where are we now? -- 8. What happens next? -- 9. From forest fires to bumblebees and hammers and nails, lessons from the Euro crisis -- Notes -- References -- About the author -- Index; Access restricted to authorized users and institutions N2 - The European debt crisis has posed a challenge for many people to understand, both non-Europeans and Europeans alike. Even economists, finance specialists, and market commentators are often uncertain of its causes or in the interpretation of events ongoing, or of past events that have taken place that then shaped the current situation. Typically, this lack of comprehension results from a lack of understanding of how European institutions work, the structure of European politics and the Eurozone, the economics of the financial system, or the relationship of debt markets to current government policies in the European Union (EU). The purpose of this book is to describe the causes and outcomes of the European debt crisis (to the date of publication) within the context of three questions most often asked about the debt crisis: (i) what happened, (ii) why did it happen, and (iii) why has the crisis been so difficult for policy makers to address? UR - https://ebookcentral.proquest.com/lib/aitie/detail.action?docID=1570075 ER -