|刊登類別:
有類似物品要出售?

The Euro Trap: On Bursting Bubbles, Budgets, and Beliefs-Hans-We

狀況:
很好
價格:
GBP 3.78
大約HK$ 37.56
運費:
不運送到:美國. 查看詳情— 運送
所在地:South East, 英國
送達日期:
視情況而定
退貨:
30 日退貨. 由買家支付退貨運費. 查看詳情- 更多退貨相關資訊
保障:
請參閱物品說明或聯絡賣家以取得詳細資料。閱覽全部詳情查看保障詳情
(不符合「eBay 買家保障方案」資格)

賣家資料

註冊為商業賣家
賣家必須承擔此刊登物品的所有責任。
eBay 物品編號:395249319747
上次更新時間: 2024-03-06 11:53:01查看所有版本查看所有版本

物品細節

物品狀況
很好: ...
Book Title
The Euro Trap: On Bursting Bubbles, Budgets, and Beliefs-Hans-We
ISBN
9780198702139
Publication Year
2014
Type
Textbook
Format
Hardcover
Language
English
Publication Name
The Euro Trap: on Bursting Bubbles, Budgets, and Beliefs
Item Height
241mm
Author
Hans-Werner Sinn
Publisher
Oxford University Press
Item Width
164mm
Subject
Economics, Finance
Item Weight
768g
Number of Pages
416 Pages

關於產品

Product Information

This book offers a critical assessment of the history of the euro, its crisis, and the rescue measures taken by the European Central Bank and the community of states. The euro induced huge capital flows from the northern to the southern countries of the Eurozone that triggered an inflationary credit bubble in the latter, deprived them of their competitiveness, and made them vulnerable to the financial crisis that spilled over from the US in 2007 and 2008. As private capital shied away from the southern countries, the ECB helped out by providing credit from the local money-printing presses. The ECB became heavily exposed to investment risks in the process, and subsequently had to be bailed out by intergovernmental rescue operations that provided replacement credit for the ECB credit, which itself had replaced the dwindling private credit. The interventions stretched the legal strictures stipulated by the Maastricht Treaty which, in the absence of a European federal state, had granted the ECB a very limited mandate. These interventions created a path dependency that effectively made parliaments vicarious agents of the ECB's Governing Council. This book describes what the author considers to be a dangerous political process that undermines both the market economy and democracy, without solving southern Europe's competitiveness problem. It argues that the Eurozone has to rethink its rules of conduct by limiting the role of the ECB, exiting the regime of soft budget constraints and writing off public and bank debt to help the crisis countries breathe again. At the same time, the Eurosystem should become more flexible by offering its members the option of exiting and re-entering the euro - something between the dollar and the Bretton Woods system - until it eventually turns into a federation with a strong political power centre and a uniform currency like the dollar.

Product Identifiers

Publisher
Oxford University Press
ISBN-13
9780198702139
eBay Product ID (ePID)
213075164

Product Key Features

Author
Hans-Werner Sinn
Publication Name
The Euro Trap: on Bursting Bubbles, Budgets, and Beliefs
Format
Hardcover
Language
English
Subject
Economics, Finance
Publication Year
2014
Type
Textbook
Number of Pages
416 Pages

Dimensions

Item Height
241mm
Item Width
164mm
Item Weight
768g

Additional Product Features

Title_Author
Hans-Werner Sinn
Country/Region of Manufacture
United Kingdom

賣家提供的物品說明

商業賣家資料

增值稅識別編號:
  • GB 724498118
awesomebooksuk

awesomebooksuk

99.2% 正面信用評價
已賣出 408.93 萬 件物品
瀏覽商店聯絡

賣家信用評價 (1,830,458)

b***6 (1573)- 買家留下的信用評價。
過去 1 個月
購買已獲認證
All good thank you
t***2 (321)- 買家留下的信用評價。
過去 1 個月
購買已獲認證
Prompt delivery !
g***4 (800)- 買家留下的信用評價。
過去 1 個月
購買已獲認證
Very smooth transaction. Item arrived super fast. Highly recommended. Many thanks.