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The year the European crisis ended /
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  • The year the European crisis ended /
  • 紀錄類型: 書目-語言資料,印刷品 : Monograph/item
    杜威分類號: 330.94
    書名/作者: The year the European crisis ended // Erik Jones.
    作者: Jones, Erik,
    面頁冊數: 1 online resourc.e
    標題: 2000 - 2099
    標題: Financial crises - Europe.
    標題: Economic history.
    標題: Financial crises.
    標題: Europe - Commerce - To 1500.
    標題: Europe.
    ISBN: 1137451114 (electronic bk.)
    ISBN: 9781137451118 (electronic bk.)
    內容註: Prologue: How Europe Fell Into Crisis -- 1. Europe Decides to Act -- 2. The Markets Respond -- 3. Risk Returns through Italy and Cyprus -- 4. The European Crisis Ends -- 5. Beyond the European Crisis.
    摘要、提要註: The European crisis came to an end when first political leaders and then the European Central Bank promised to do whatever it takes to safeguard the euro. Specifically they committed to create a European banking union and to buy unlimited amounts of sovereign debt in distressed markets for governments that made a binding commitment to reform. Markets were initially sceptical and yet ultimately persuaded by the commitment of European elites. Events in Italy and Cyprus threatened to return Europe to crisis and yet were ultimately managed without major turmoil. Somehow along the way, however, the desire of European elites to do whatever is necessary began to waver and their commitment to banking union diminished. The European crisis has ended but Europe is not yet resilient enough to ensure that it will not recur.
    電子資源: http://www.palgraveconnect.com/doifinder/10.1057/9781137451118
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