The book is about money, central banking and constitutions. It explains how the European Central Bank was established to ensure stability and prosperity for the euro area. The ECB was guided and controlled by a coherent European Macroeconomic Constitution. However, this model has failed during recurring crises, and the ECB has started to act as the euro area fire brigade. Consequently, it is pushing the boundaries of monetary policy, and with that challenging the accountability mechanisms and fundamentally also the democratic legitimacy of the EMU. The book sheds light on this complex economic-constitutional setting with a view on the future. The imbalance between various new operations and a single price stability objective is difficult to remedy. New objectives of financial stability, economic adjustment and environmental sustainability can cause fundamental ruptures between the ECB''s formal role and its actions, and they also dangerously overburden monetary policy moving forward wi
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The European Central Bank (ECB) was first introduced in the European legal order on the occasion of the Treaty of Maastricht (1992). An official EU institution which is governed by EU law, the ECB of modern times differs vastly from its inception in 1998,...
kr 1335.00
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Currency Competition is a major study of international currencies which focuses on the role of the Euro, and provides accessible answers to the key questions facing policy-makers, business people and scholars. Philipp Hartmann is a leading economist whose...
kr 973.00
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A comprehensive introduction and teaching resource for state-of-the-art Qualitative Comparative Analysis (QCA) using R software. With its practical focus, this book facilitates the teaching, independent learning, and use of QCA with the best available...
kr 279.00
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<p>While there are still occasional uses of it today, the term "Central Europe" carries little of the charge that it did in the 1980s and early 1990s, and as a political and intellectual project it has receded from the horizon. Proponents...
kr 669.00
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