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Europe and the Euro

Integration, Crisis and Policies

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  • © 2017

Overview

Authors:
  1. Enrico Marelli

    1. University of Brescia , Brescia, Italy

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  2. Marcello Signorelli

    1. University of Perugia , Perugia, Italy

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  • Offers a critical assessment of the EU's construction, governance and policies

  • Provides key empirical evidence on the "double crisis" in the Eurozone and inadequate policy responses

  • Presents timely, up-to-date details on key monetary policy decisions made by the European Central Bank

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xxii
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  2. A Progressively Integrated European Community within the Global Economy

    • Enrico Marelli, Marcello Signorelli
    Pages 1-14

  3. The European Monetary Union and OCA Theories: A Common Currency Awaiting a Real Economic Union

    • Enrico Marelli, Marcello Signorelli
    Pages 15-43

  4. Monetary Policy and the European Central Bank: A Progressive Divorce from the Bundesbank Legacy?

    • Enrico Marelli, Marcello Signorelli
    Pages 45-57

  5. Fiscal Policies and the EU’s Governance: Only Rules and a Lack of Stabilisation Measures

    • Enrico Marelli, Marcello Signorelli
    Pages 59-77

  6. The Double Crisis in the Eurozone: Recession, Stagnation and High Unemployment

    • Enrico Marelli, Marcello Signorelli
    Pages 79-112

  7. The EU’s Policy Response: Too Little Too Late

    • Enrico Marelli, Marcello Signorelli
    Pages 113-137

  8. The Need for Innovative Policies and Further Integration: A Real ‘Economic and Monetary’ Union Leading to a Future Political Union?

    • Enrico Marelli, Marcello Signorelli
    Pages 139-161

  9. Back Matter

    Pages 163-182
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Keywords

About this book

This book offers a fresh perspective on the recent Eurozone "double crisis" and its related economic policies. The authors present empirical evidence which sheds new light on the growing economic and political debate on the future of the Euro, the Eurozone and the EU. The book investigates and assesses the impact of the crisis with particular reference to monetary and fiscal policy, whose protracted austerity approach has dampened economic growth. In their discussion of the long-run European integration process, the authors emphasize the original weaknesses in the construction of the European Monetary Union and examine its failure to respond to the recent crisis. The concluding chapter focuses on the need for crucial reform in European governance and discusses the impact of the UK’s recent EU membership referendum. Scholars, students and members of the general public with an interest in the future of the Eurozone will find this work thought-provoking, instructive and highly informative.

Reviews

“Enrico Marelli and Marcello Signorelli provide an excellent analysis of the causes of the Eurozone crisis and of the strategies that we will have to follow to ensure the survival of the Euro.” (Paul De Grauwe, Professor of European Political Economy, London School of Economics, UK)

“After Brexit, the future of the European Union and the Eurozone are among the hottest issues in both contemporary economics and finance. This book by Enrico Marelli and Marcello Signorelli offers a broad survey of the causes, characteristics, and consequences of the economic decline in the Eurozone. It also proposes specific solutions to overcome the economic and financial crisis.” (Beniamino Moro, Professor of Economics, University of Cagliari, Italy)

Authors and Affiliations

  • University of Brescia , Brescia, Italy

    Enrico Marelli

  • University of Perugia , Perugia, Italy

    Marcello Signorelli

About the authors

Enrico Marelli is Professor of Economic Policy at the University of Brescia, Italy.


Marcello Signorelli is Associate Professor of Economic Policy at the University of Perugia, Italy.

Bibliographic Information

  • Book Title: Europe and the Euro

  • Book Subtitle: Integration, Crisis and Policies

  • Authors: Enrico Marelli, Marcello Signorelli

  • DOI: https://doi.org/10.1007/978-3-319-45729-1

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017

  • Hardcover ISBN: 978-3-319-45728-4Published: 28 November 2016

  • Softcover ISBN: 978-3-319-83360-6Published: 28 June 2018

  • eBook ISBN: 978-3-319-45729-1Published: 17 November 2016

  • Edition Number: 1

  • Number of Pages: XXII, 182

  • Number of Illustrations: 6 b/w illustrations

  • Topics: European Integration, Economic Policy, Political Economy/Economic Systems

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