Institutional Trust And Economic Policy Lessons From The History Of The Euro

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Institutional trust and economic policy Lessons from the history of the Euro

Author : Dóra Győrffy
Publisher : Central European University Press
Page : 238 pages
File Size : 40,7 Mb
Release : 2013-03-30
Category : Political Science
ISBN : 9786155225345

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Institutional trust and economic policy Lessons from the history of the Euro by Dóra Győrffy Pdf

The book seeks to link theoretical debates on the relevance of trust in economic outcomes with the current arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union? By integrating insights from Post-Keynesian, Austrian and new institutional economics, the central proposition of the analysis is that the presence or absence of institutional trust creates virtuous and vicious cycles in law-abiding, which critically influence the possibility for economic agents to have realistic long-term plans.

Trust and Crisis Management in the European Union

Author : Dóra Győrffy
Publisher : Springer
Page : 244 pages
File Size : 53,6 Mb
Release : 2018-01-03
Category : Business & Economics
ISBN : 9783319692128

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Trust and Crisis Management in the European Union by Dóra Győrffy Pdf

This book addresses and explains the divergent economic and political outcomes of the financial crisis in the eight European Union member states which needed a bailout program: Cyprus, Greece, Hungary, Ireland, Latvia, Portugal, Romania and Spain. Looking at crisis management as a series of relationships where cooperation is essential, this book focuses on the essential role of trust during the process. It argues that the presence or absence of trust during the negotiation and implementation of the bailout program leads to self-reinforcing cycles of success and failure. The analysis of these eight countries also explores the institutional sources of trust – it shows that a commitment to limited government is associated with both economic success and resistance to populism. The final chapter considers the implications for the future of the EU and calls attention to the importance of strengthening domestic institutions in order to bridge the gap between concerns over moral hazard and expectations of solidarity.

Europe in 12 Lessons

Author : Pascal Fontaine
Publisher : Unknown
Page : 106 pages
File Size : 50,7 Mb
Release : 2018
Category : Electronic
ISBN : 9279715623

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Europe in 12 Lessons by Pascal Fontaine Pdf

What purpose does the EU serve? Why and how was it set up? How does it work? What has it already achieved for its citizens, and what new challenges does it face today? In a globalised world, can the EU compete successfully with other major economies while maintaining its social standards? How can immigration be managed? What will Europe’s role be on the world stage in the years ahead? Where will the EU’s boundaries be drawn? And what future is there for the euro? These are just some of the questions explored by EU expert Pascal Fontaine in this 2017 edition of his popular booklet Europe in 12 lessons. Pascal Fontaine is a former assistant to Jean Monnet and former professor at the Institut d’Études Politiques, Paris.

The Man Inside

Author : Marco Buti
Publisher : EGEA spa
Page : 400 pages
File Size : 52,5 Mb
Release : 2021-10-07T00:00:00+02:00
Category : Political Science
ISBN : 9788823883017

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The Man Inside by Marco Buti Pdf

“An insider of the European Commission since the late 1980s, Marco Buti is a unique guide through the two crises of the 21st century.” - Giuliano Amato, former Prime Minister of Italy “Marco Buti and I have not always agreed on issues of economic policy. But I cannot think of somebody more qualified to tell us about the travails of Europe since the Great Financial Crisis. He was there all along.” - Olivier Blanchard, Senior Fellow at Peterson Institute for International Economics “This collection of VoXEU contributions shows how history is made. Marco Buti, a man inside the vortex of the making of European monetary history, produced and published a steady stream of reflections, analysis and reform proposals on VoxEU." - Beatrice Weder Di Mauro, President of the Centre for Economic Policy Research “To go from point A to point B in Europe is rarely a straight line. Actually, trying to take a straight line is often the best way not to get to destination.” This is one of the lessons drawn by Marco Buti, one of the very few top policy makers who went through the fi nancial and the sovereign debt crises and, lately, the pandemic crisis, which plagued the European Union over the past twelve years. This book, which brings together his real time input to the economic and policy debate, traces the intellectual journey leading to the design and implementation under duress of diffi cult policies and controversial reforms. His contribution is the graphic demonstration of Jean Monnet’s dictum that Europe will be forged in crises and will be the outcome of the responses to those crises. The book explains the analytical and empirical foundations of European policy choices that involved a delicate balance between economic, institutional and political considerations. What emerges is a new compass that helps understand the policy strategy the EU has adopted to fi ght the economic fallout of the pandemic.

Public Support for the Euro

Author : Felix Roth
Publisher : Springer Nature
Page : 236 pages
File Size : 45,7 Mb
Release : 2022
Category : Economics
ISBN : 9783030860240

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Public Support for the Euro by Felix Roth Pdf

The long-term sustainability of the euro and the Economic and Monetary Union (EMU) depends heavily on their ability to attract widespread public support. The support shown for the euro throughout its first two decades has helped to shield it against populist attempts at the national level to dismantle the common currency. It has granted political legitimacy to the presidents of the European Central Bank to do "whatever it takes" whenever a serious crisis has threatened the viability of the euro. Public Support for the Euro is the second of two open-access volumes presenting a selection of the author's essays on Labor Productivity, Monetary Economics, and Political Economy. This second volume brings together eleven of the author's essays, selected with the aim of providing an overview of his research to date on public support for and the economics and political economy of the euro and EMU.

The Government Analytics Handbook

Author : Daniel Rogger,Christian Schuster
Publisher : World Bank Publications
Page : 1197 pages
File Size : 50,6 Mb
Release : 2023-10-20
Category : Business & Economics
ISBN : 9781464819810

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The Government Analytics Handbook by Daniel Rogger,Christian Schuster Pdf

The Government Analytics Handbook presents frontier evidence and practitioner insights on how to leverage data to strengthen public administration. Covering a range of microdata sources—such as administrative data and public servant surveys—as well as tools and resources for undertaking the analytics, it transforms the ability of governments to take a data-informed approach to diagnose and improve how public organizations work. Readers can order the book as a single volume in print or digital formats, or visit worldbank.org/governmentanalytics for modular access and additional hands-on tools. The Handbook is a must-have for practitioners, policy makers, academics, and government agencies. “Governments have long been assessed using aggregate governance indicators, giving us little insight into their diversity and how they can practically be improved. This pioneering handbook shows how microdata can be used to give scholars and practitioners granular and real insights into how states work, and practical guidance on the process of state-building.†? —Francis Fukuyama, Stanford University, author of State-Building: Governance and World Order in the 21st Century “The Government Analytics Handbook is the most comprehensive work on practically building government administration I have ever seen, helping practitioners to change public administration for the better.†? —Francisco Gaetani, Special Secretary for State Transformation, Government of Brazil “The machinery of the state is central to a country’s prosperity. This handbook provides insights and methodological tools for creating a better shared understanding of the realities of a state, to support the redesign of institutions, and improve the quality of public administration.†? —James Robinson, University of Chicago, coauthor of Why Nations Fail

Distrust of Institutions in Early Modern Britain and America

Author : Brian P. Levack
Publisher : Oxford University Press
Page : 211 pages
File Size : 50,9 Mb
Release : 2022-03-03
Category : History
ISBN : 9780192663177

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Distrust of Institutions in Early Modern Britain and America by Brian P. Levack Pdf

Distrust of public institutions, which reached critical proportions in Britain and the United States in the first two decades of the twenty-first century, was an important theme of public discourse in Britain and colonial America during the early modern period. Demonstrating broad chronological and thematic range, the historian Brian P. Levack explains that trust in public institutions is more tenuous and difficult to restore once it has been betrayed than trust in one's family, friends, and neighbors, because the vast majority of the populace do not personally know the officials who run large national institutions. Institutional distrust shaped the political, legal, economic, and religious history of England, Scotland, and the British colonies in America. It provided a theoretical and rhetorical foundation for the two English revolutions of the seventeenth century and the American Revolution in the late eighteenth century. It also inspired reforms of criminal procedure, changes in the system of public credit and finance, and challenges to the clergy who dominated the Church of England, the Church of Scotland, and the churches in the American colonies. This study reveals striking parallels between the loss of trust in British and American institutions in the early modern period and the present day.

Institutions and the Path to the Modern Economy

Author : Avner Greif
Publisher : Cambridge University Press
Page : 536 pages
File Size : 52,8 Mb
Release : 2006-01-16
Category : Business & Economics
ISBN : 0521480442

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Institutions and the Path to the Modern Economy by Avner Greif Pdf

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Austerity and the Third Sector in Greece

Author : Jennifer Clarke,Asteris Huliaras,Dimitri A. Sotiropoulos
Publisher : Routledge
Page : 262 pages
File Size : 50,9 Mb
Release : 2016-03-09
Category : Political Science
ISBN : 9781317177302

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Austerity and the Third Sector in Greece by Jennifer Clarke,Asteris Huliaras,Dimitri A. Sotiropoulos Pdf

Organised civil society in Greece is generally regarded as weak with rankings for associational density, volunteerism and levels of social capital traditionally among the lowest in Europe. Austerity and the Third Sector in Greece explores the context behind the statistics and general perceptions of a society of takers, not givers. Stereotypes of a country living beyond its means have been exacerbated by the Eurozone crisis but, since 2008, there has in fact been a great proliferation of organised civil society initiatives in the country. Has the financial crisis seen a belated awakening of Greek civil society? Offering a broad overview of contemporary civil society in Greece this book explores how various characteristics of the country's socio-political context have affected the development of the third sector and examines the effect of the economic crisis on it. Expert contributors combine macro-level analyses with local case studies to form a fascinating new study on the influences of national and regional context on civil society development. Their findings provide not only for a better understanding of similar movements, but also contribute to wider academic debates on societal responses to economic crises.

Lessons and Policy Implications from the Global Financial Crisis

Author : Mr.Luc Laeven,Ms.Deniz Igan,Mr.Stijn Claessens,Mr.Giovanni Dell'Ariccia
Publisher : International Monetary Fund
Page : 42 pages
File Size : 52,6 Mb
Release : 2010-02-01
Category : Business & Economics
ISBN : 9781451963021

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Lessons and Policy Implications from the Global Financial Crisis by Mr.Luc Laeven,Ms.Deniz Igan,Mr.Stijn Claessens,Mr.Giovanni Dell'Ariccia Pdf

The ongoing global financial crisis is rooted in a combination of factors common to previous financial crises and some new factors. The crisis has brought to light a number of deficiencies in financial regulation and architecture, particularly in the treatment of systemically important financial institutions, the assessments of systemic risks and vulnerabilities, and the resolution of financial institutions. The global nature of the financial crisis has made clear that financially integrated markets, while offering many benefits, can also pose significant risks, with large real economic consequences. Deep reforms are therefore needed to the international financial architecture to safeguard the stability of an increasingly financially integrated world.

Varieties of Capitalism

Author : Peter A. Hall,David W. Soskice
Publisher : Oxford University Press
Page : 557 pages
File Size : 44,9 Mb
Release : 2001
Category : Business & Economics
ISBN : 9780199247745

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Varieties of Capitalism by Peter A. Hall,David W. Soskice Pdf

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

The European Central Bank

Author : Hanspeter K. Scheller,European Central Bank
Publisher : Unknown
Page : 229 pages
File Size : 51,9 Mb
Release : 2006
Category : Banks and banking, Central
ISBN : 928990027X

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The European Central Bank by Hanspeter K. Scheller,European Central Bank Pdf

Comprehensive 200-page overview of the ECB from its inception in June 1998 until the present day.

Institutions and European Trade

Author : Sheilagh Ogilvie
Publisher : Cambridge University Press
Page : 501 pages
File Size : 45,8 Mb
Release : 2011-03-17
Category : Business & Economics
ISBN : 9781139500395

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Institutions and European Trade by Sheilagh Ogilvie Pdf

What was the role of merchant guilds in the medieval and early modern economy? Does their wide prevalence and long survival mean they were efficient institutions that benefited the whole economy? Or did merchant guilds simply offer an effective way for the rich and powerful to increase their wealth, at the expense of outsiders, customers and society as a whole? These privileged associations of businessmen were key institutions in the European economy from 1000 to 1800. Historians debate merchant guilds' role in the Commercial Revolution, economists use them to support theories about institutions and development, and policymakers view them as prime examples of social capital, with important lessons for modern economies. Sheilagh Ogilvie's magisterial new history of commercial institutions shows how scrutinizing merchant guilds can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being.

Global Trends 2040

Author : National Intelligence Council
Publisher : Cosimo Reports
Page : 158 pages
File Size : 44,5 Mb
Release : 2021-03
Category : Electronic
ISBN : 1646794974

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Global Trends 2040 by National Intelligence Council Pdf

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Trust

Author : Francis Fukuyama
Publisher : Unknown
Page : 488 pages
File Size : 43,6 Mb
Release : 1995
Category : Business & Economics
ISBN : STANFORD:36105006490093

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Trust by Francis Fukuyama Pdf

The bestselling author of The End of History explains the social principles of economic life and tells readers what they need to know to win the coming struggle for global economic dominance.