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Shulph Ink

The European Monetary Union After the Crisis: From a Fiscal Union to Fiscal Capacity

The European Monetary Union After the Crisis: From a Fiscal Union to Fiscal Capacity

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  • More about The European Monetary Union After the Crisis: From a Fiscal Union to Fiscal Capacity

This book provides a detailed analysis of the evolution of Europe over the last decade, discussing the path of reform following the financial crisis. It offers a multidisciplinary view of the E(M)U and captures the main factors that induced the reform. The author examines policy responses and assesses the scale of the crisis in Europe, comparing it to other parts of the world. It also highlights the financing issues for risk-sharing mechanisms and discusses the main categories of governmental risk-sharing mechanisms. The book is timely and topical and will be of interest to a broad audience, including experts, scholars, and students of European affairs.

Format: Paperback / softback
Length: 316 pages
Publication date: 29 April 2022
Publisher: Taylor & Francis Ltd


This comprehensive book delves into a detailed analysis of the transformative journey of Europe over the past decade, encompassing a comprehensive exploration of the reform path pursued in the wake of the financial crisis. It presents a multidisciplinary perspective on the European Monetary Union (EMU) and captures the intricate factors that drove the reform process, which has been a complex and ongoing endeavor.

The author meticulously examines the policy responses implemented throughout the crisis's evolution, assessing the magnitude and prolonged impact of the crisis in Europe compared to other regions worldwide. Additionally, the book provides an up-to-date overview of the current state of risk-sharing mechanisms and delves into the critical financing considerations involved in designing these instruments.

Through its innovative approach, the book categorizes the primary types of governmental risk-sharing mechanisms, emphasizing those that serve as fiscal capacity. This timely and relevant book appeals to a wide audience, including experts, scholars, and students with a keen interest in European affairs, particularly those with backgrounds in economics, finance, law, and politics.


Dimension: 234 x 156 (mm)
ISBN-13: 9780367496630

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