Chapter from: "The European Financial Crisis: Debt, Growth, and Economic Policy"
Published by:
Business Expert Press
Length: 20 pages
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Abstract
This chapter is excerpted from ‘The European Financial Crisis: Debt, Growth, and Economic Policy'. The European debt crisis has posed a challenge for many people to understand, both non-Europeans and Europeans alike. Even economists, finance specialists, and market commentators are often uncertain of its causes or in the interpretation of events ongoing, or of past events that have taken place that then shaped the current situation. Typically, this lack of comprehension results from a lack of understanding of how European institutions work, the structure of European politics and the Eurozone, the economics of the financial system, or the relationship of debt markets to current government policies in the European Union (EU). The purpose of this book is to describe the causes and outcomes of the European debt crisis (to the date of publication) within the context of three questions most often asked about the debt crisis: (i) what happened, (ii) why did it happen, and (iii) why has the crisis been so difficult for policy makers to address? The book attempts to answer these questions in a straightforward, scholarly, and thoughtful fashion, thereby developing a wider understanding of the crisis in its entirety for the reader. The book is by no means meant to be an exhaustive treatment on any of the issues it discusses. There are now, and will continue to be, many new and very detailed academic papers and monographs on each of the topics described, and some are referred to along with contemporary news reports should the reader wish to explore further. With this approach the book should be useful for those people who wish to better understand the events of the European financial crisis over the past four years, but who do not need to acquire an exhaustive background in EU institutions, debt markets, recent European history, and economic policy making. For that reason this book will have appeal to undergraduate students in business, economics, politics, or interdisciplinary studies looking for an approachable yet detailed overview of the crisis, for graduate classes seeking similar goals and laypeople or professionals interested generally in the topic or with a need to acquire a basic understanding of the topic. Furthermore, the book can also serve as an introduction in courses or settings that lead to deeper discussion of the economic, political, and financial issues it presents.
Chapter from: "The European Financial Crisis: Debt, Growth, and Economic Policy"
Published by:
Business Expert Press
Length: 20 pages
Chapter from: "The European Financial Crisis: Debt, Growth, and Economic Policy"
Published by:
Business Expert Press
Length: 30 pages
Chapter from: "The European Financial Crisis: Debt, Growth, and Economic Policy"
Published by:
Business Expert Press
Length: 47 pages
About
Abstract
This chapter is excerpted from ‘The European Financial Crisis: Debt, Growth, and Economic Policy'. The European debt crisis has posed a challenge for many people to understand, both non-Europeans and Europeans alike. Even economists, finance specialists, and market commentators are often uncertain of its causes or in the interpretation of events ongoing, or of past events that have taken place that then shaped the current situation. Typically, this lack of comprehension results from a lack of understanding of how European institutions work, the structure of European politics and the Eurozone, the economics of the financial system, or the relationship of debt markets to current government policies in the European Union (EU). The purpose of this book is to describe the causes and outcomes of the European debt crisis (to the date of publication) within the context of three questions most often asked about the debt crisis: (i) what happened, (ii) why did it happen, and (iii) why has the crisis been so difficult for policy makers to address? The book attempts to answer these questions in a straightforward, scholarly, and thoughtful fashion, thereby developing a wider understanding of the crisis in its entirety for the reader. The book is by no means meant to be an exhaustive treatment on any of the issues it discusses. There are now, and will continue to be, many new and very detailed academic papers and monographs on each of the topics described, and some are referred to along with contemporary news reports should the reader wish to explore further. With this approach the book should be useful for those people who wish to better understand the events of the European financial crisis over the past four years, but who do not need to acquire an exhaustive background in EU institutions, debt markets, recent European history, and economic policy making. For that reason this book will have appeal to undergraduate students in business, economics, politics, or interdisciplinary studies looking for an approachable yet detailed overview of the crisis, for graduate classes seeking similar goals and laypeople or professionals interested generally in the topic or with a need to acquire a basic understanding of the topic. Furthermore, the book can also serve as an introduction in courses or settings that lead to deeper discussion of the economic, political, and financial issues it presents.
Related
Chapter from: "The European Financial Crisis: Debt, Growth, and Economic Policy"
Published by:
Business Expert Press
Length: 20 pages
Chapter from: "The European Financial Crisis: Debt, Growth, and Economic Policy"
Published by:
Business Expert Press
Length: 30 pages
Chapter from: "The European Financial Crisis: Debt, Growth, and Economic Policy"
Published by:
Business Expert Press
Length: 47 pages