Rethinking Economic and Monetary Union in Europe A Post-Keynesian Alternative Routledge Studies in the European Economy Series
In the wake of the Greek crisis, the future of the EU is the subject of a great deal of debate. This book critically evaluates the current new monetarist model of Economic and Monetary Union in Europe, presenting an alternative post-Keynesian (progressive) model, aimed at addressing the current problems of trade imbalance and asymmetric macroeconomic policy infrastructure that are augmenting tensions within the Eurozone.
The book?s approach is based upon the development of a common, rather than a single, currency approach, and utilises post-Keynesian policy solutions in order to create a form of EMU which will promote full employment rather than austerity.
Introduction 1. Why is the Current Model of EMU Not Working? 2. Single Currency or Common Currency? 3. Monetary Policy in the Keynesian EMU 4. Rediscovering Fiscal Policy 5. Breathing Life into the European Social Model 6. Conclusion Bibliography
Philip B. Whyman is Professor of Economics at the University of Central Lancashire, UK.
Date de parution : 09-2020
15.6x23.4 cm
Date de parution : 01-2018
15.6x23.4 cm
Thème de Rethinking Economic and Monetary Union in Europe :
Mots-clés :
International Competitiveness; Original Keynes Plan; economics; Asymmetric External Shocks; business and economics; ICU; european economics; Common Currency Zone; economic and monetary union; EU Economist; emu; EU Commission; european central bank; Real Time Gross Settlement; ecb; Common Currency Approach; eurozone; Welfare Reform; post-keneysian economics; Post-Keynesian Alternative; single currency; common currency; European Emu; european economic reform; Active Fiscal Policy; neo liberal economics; Central Bank Independence; UK Debt; Fiscal Compact; Passive Fiscal Policy; Gdp Level; Shortening Unemployment Duration; Double Entry Bookkeeping; Double Entry; West Germany; Balanced Budget Rule; Asymmetric Shocks