The European Monetary Union After the Crisis

This book provides a much-needed detailed analysis of the evolution of Europe over the last decade, as well as a discussion about the path of reform that has been trodden in the aftermath of the financial crisis.

Autorentext

Nazaré da Costa Cabral is Associate Professor at Lisbon School of Law of the University of Lisbon and principal researcher at the Center for European, Economic, Fiscal and Tax Law Research (CIDEEFF) of the same University. She is also Chair of the Senior Board of the Portuguese Public Finance Council.

Inhalt

1. Introduction Part I: The Great Financial Crisis and the Economic and Monetary Union 2. From the financial crisis to the Euro crisis 3. Misguiding signs in the policy responses to the EMU crisis Part II: Governmental Risk-Sharing Mechanisms After the Crisis: from a Fiscal Union to a Fiscal Capacity 4. The `EMU s Great Reform as an imperative 5. Risk sharing mechanisms as a panacea for saving the Euro: a fiscal capacity for the EMU 6. References