| Edition |
First edition. |
| Description |
1 online resource (xiv, 107 pages) |
|
text rdacontent |
|
computer rdamedia |
|
online resource rdacarrier |
| Series |
Finance and financial management collection, 2331-0057 |
|
Finance and financial management collection. 2331-0057
|
| Bibliography |
Includes bibliographical references (pages 101-104) and index. |
| Contents |
Part A. Background -- Chapter 1. Understanding the European financial system -- Part B. The origins of the financial crisis -- Chapter 2. Underlying causes of the crisis: the build-up of risks and imbalances -- Chapter 3. Triggers -- Acronyms -- References -- Index. |
| Access |
Access restricted to authorized users and institutions. |
| Summary |
Explores the factors leading up to the recent global financial and economic crisis, how the crisis unfolded, and the response of European and national authorities. The book describes the rationale behind the measures undertaken to mitigate the consequences of the recession and to ensure that a similar situation does not happen again in the future. In the wake of the crisis, various major changes continue to significantly affect the life and social organization of Europeans. For instance, a new ESM with a size financially comparable to that of the IMF was created; similarly, the reforms in economic governance imply much more intrusive participation of European countries in each other's macroeconomic policies. Moreover, the organization, regulation, and supervision of the financial sector have been drastically revamped. The decisions taken by European and national authorities affect the daily lives of hundreds of millions of European citizens and countless more around the globe. An insightful read for anyone interested in understanding the topic and its effect on their lives, the book primarily addresses undergraduate students in their final year and graduate students in fields such as economics, finance, and political science. The main messages are explained through examples and charts. This first volume provides an overview of structure of the European financial system and of the origins of the financial crisis. The second volume focuses on the response given by national and European authorities. |
| Note |
Title from PDF title page (viewed on January 14, 2017). |
| Subject |
Global Financial Crisis, 2008-2009.
|
|
European Union countries -- Economic conditions -- 21st century.
|
| Indexed Term |
capital markets |
|
economic and monetary union |
|
economic governance |
|
euro area |
|
European Union |
|
financial crisis |
|
financial markets |
|
financial regulation |
|
financial stability |
|
sovereign crisis |
|
sovereign stability instruments |
| Genre/Form |
Electronic books.
|
| Added Title |
Financial crisis and the EU response. |
|
Background and origins of the crisis. |
| Other Form: |
Print version: 9781631576195 |
| ISBN |
9781631576195 paperback |
|
9781631576201 (electronic bk.) |
|
