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The Resource Austerity : European democracies against the wall, Lorenzo Bini Smaghi

Austerity : European democracies against the wall, Lorenzo Bini Smaghi

Creator
Summary
The crisis in the eurozone has had a dramatic impact on the economic and social fabric of European countries. However important it may be, the economic dimension is only the symptom of a broader problem. The crisis is primarily political in nature. Lorenzo Bini Smaghi argues in this book that the crisis reflects the inability of western democracies to solve problems that have been building for over two decades. He finds that democratically elected officials are loathe to take unpopular decisions that could jeopardise their re-election. Emergency thus becomes the engine of political action, and the justification for corrective measures vis-à-vis the voters. As a consequence, the cure in the form of austerity, administered belatedly and under pressure from the markets, becomes even more painful and unpopular, giving rise to populist movements and endangering democracy itself --
Language
fre
Work
Publication
Extent
151 pages
Contents
  • A crisis that got off on the wrong foot
  • 5.
  • Not a crisis for everybody
  • 6.
  • A misunderstood crisis
  • 7.
  • Without a safety net
  • 8.
  • How to hurt yourself
  • 9.
  • Introduction
  • There are no painless cures
  • 10.
  • The game of 'chicken'
  • 11.
  • The price of pride
  • 12.
  • It's the banks' fault
  • 13.
  • Banking union
  • 14.
  • 1.
  • Dying by austerity
  • 15.
  • National austerity and European growth
  • 16.
  • A German Europe
  • 17.
  • The Eurobond illusion
  • 18.
  • Printing money
  • 19.
  • Dead on arrival
  • Buying time
  • 20.
  • Sovereignty belongs to the people
  • Conclusions
  • Chronology
  • Selected Readings
  • 2.
  • A premature birth
  • 3.
  • No turning back
  • 4.
Isbn
9789461383303
Instance
Label
Austerity : European democracies against the wall
Title
Austerity
Title remainder
European democracies against the wall
Statement of responsibility
Lorenzo Bini Smaghi
Creator
Subject
Language
fre
Summary
The crisis in the eurozone has had a dramatic impact on the economic and social fabric of European countries. However important it may be, the economic dimension is only the symptom of a broader problem. The crisis is primarily political in nature. Lorenzo Bini Smaghi argues in this book that the crisis reflects the inability of western democracies to solve problems that have been building for over two decades. He finds that democratically elected officials are loathe to take unpopular decisions that could jeopardise their re-election. Emergency thus becomes the engine of political action, and the justification for corrective measures vis-à-vis the voters. As a consequence, the cure in the form of austerity, administered belatedly and under pressure from the markets, becomes even more painful and unpopular, giving rise to populist movements and endangering democracy itself --
Assigning source
Publisher description
Cataloging source
DLC
http://library.link/vocab/creatorName
Bini Smaghi, Lorenzo
Index
no index present
Literary form
non fiction
http://library.link/vocab/subjectName
  • Financial crises
  • Democracy
Label
Austerity : European democracies against the wall, Lorenzo Bini Smaghi
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 150-151)
Carrier category
volume
Carrier MARC source
rdacarrier.
Content category
text
Content type MARC source
rdacontent.
Contents
  • A crisis that got off on the wrong foot
  • 5.
  • Not a crisis for everybody
  • 6.
  • A misunderstood crisis
  • 7.
  • Without a safety net
  • 8.
  • How to hurt yourself
  • 9.
  • Introduction
  • There are no painless cures
  • 10.
  • The game of 'chicken'
  • 11.
  • The price of pride
  • 12.
  • It's the banks' fault
  • 13.
  • Banking union
  • 14.
  • 1.
  • Dying by austerity
  • 15.
  • National austerity and European growth
  • 16.
  • A German Europe
  • 17.
  • The Eurobond illusion
  • 18.
  • Printing money
  • 19.
  • Dead on arrival
  • Buying time
  • 20.
  • Sovereignty belongs to the people
  • Conclusions
  • Chronology
  • Selected Readings
  • 2.
  • A premature birth
  • 3.
  • No turning back
  • 4.
Control code
FIEb17522481
Dimensions
cm.
Extent
151 pages
Isbn
9789461383303
Media category
unmediated
Media MARC source
rdamedia.
System control number
  • (NL-AmEBA)NTS168646
  • (OCoLC)881304889
Label
Austerity : European democracies against the wall, Lorenzo Bini Smaghi
Publication
Bibliography note
Includes bibliographical references (pages 150-151)
Carrier category
volume
Carrier MARC source
rdacarrier.
Content category
text
Content type MARC source
rdacontent.
Contents
  • A crisis that got off on the wrong foot
  • 5.
  • Not a crisis for everybody
  • 6.
  • A misunderstood crisis
  • 7.
  • Without a safety net
  • 8.
  • How to hurt yourself
  • 9.
  • Introduction
  • There are no painless cures
  • 10.
  • The game of 'chicken'
  • 11.
  • The price of pride
  • 12.
  • It's the banks' fault
  • 13.
  • Banking union
  • 14.
  • 1.
  • Dying by austerity
  • 15.
  • National austerity and European growth
  • 16.
  • A German Europe
  • 17.
  • The Eurobond illusion
  • 18.
  • Printing money
  • 19.
  • Dead on arrival
  • Buying time
  • 20.
  • Sovereignty belongs to the people
  • Conclusions
  • Chronology
  • Selected Readings
  • 2.
  • A premature birth
  • 3.
  • No turning back
  • 4.
Control code
FIEb17522481
Dimensions
cm.
Extent
151 pages
Isbn
9789461383303
Media category
unmediated
Media MARC source
rdamedia.
System control number
  • (NL-AmEBA)NTS168646
  • (OCoLC)881304889

Subject

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