Suchergebnisse

The euro was adopted as legal tender, albeit in a virtual form, by eleven countries of the European Union on January 1, 1999, with the intention that notes and coins denominated in euros would be introduced and the national currencies would be phased out during the first six months of that year and that the euro would be fully operational by 2002. This paper first reviews the current position of the EMU member states in relation to the convergence criteria under the Maastricht Treaty and finds that there must have been a considerable degree of "fudge" for the criteria to have been met. The paper next looks at the central role of aggregate demand in the EMU and at concerns about unemployment. It then examines the prospects of the current EMU arrangements, concluding that they are highly deflationary. To overcome the deflationary bias of current proposals and as a means to alleviate the serious unemployment problem, the authors recommend that the European Central Bank be enhanced by (1) the development of a new institution, the European Union Development Bank, and (2) a modification of the Stability and Growth Pact.

Abstract.This paper scrutinizes the case for an Independent European System of Central Banks (IESCB) Proposals for IESCB are based on some specific interrelated theoretical propositions upon which we cast some doubt The case for an IESCB is rejected on the grounds that it would worsen the performance of the real economy We propose different arrangements, which are focused on high levels of employment throughout the European Union as the prime objective Such a scenario, which emphasizes full employment and requires coordination among member countries in terms of economic policy, will avoid most, if not all, of the problems of the IESCB proposals. The alternative would thus be better able to tackle the unemployment problems of the European Union

1. The recent global crises and economic policies for future durable recovery -- 2. State capitalism, government and central bank responses to COVID-19 -- 3. Law and (un)sustainability in the age of the Anthropocene -- 4. Re-thinking macroeconomics after the COVID-19 pandemic -- 5. Productivity, innovation, and sustainability -- 6. Combining short-term economic recovery with long-term sustainability -- 7. Creating Local Sustainability Transitions: Finance, Citizen Participation and the Multi-scalar Governance Challenges of Municipal Energy Transition.

1. Financial Stability: Still Unsettled for the Future -- 2. The Future of Capitalism in a Post-Neoliberal World -- 3. Moving People in a Post-Neoliberal Era -- 4. Productivity Slowdown and Inequality: Killing two Birds with One Stone! -- 5. Environmental Policies to Save the Planet -- 6. Public Ownership in the Pursuit of Economic Democracy in a Post Neoliberal Order -- 7. Welfare as Freedom, the Human Economy, and Varieties of Capitalist State -- 8. Employment and Wage Policies in a Post- Neoliberal World.

This book is the fifteenth volume in the renowned International Papers in Political Economy (IPPE) series which explores the latest developments in political economy. Containing contributions by experts in the field, this book focuses on topics that address the ongoing debate of inequalities in economic systems. Inequality has been considered a problem by many academics and policy makers for a long time now and recently here has been some evidence of increasing inequalities in society. Contributors to this book focus on the causes and consequences of inequality along with the importance of tackling inequality and recommend potential policies to reduce it, for example tax reforms. The book covers different aspects of inequality - from income to gender - and explores links between inequality and economic growth, and financialisation and financial crisis.--

This book investigates the changing nature of economic policies following the Global Financial Crisis of 2007-2009. Well-respected, international scholars come together to discuss the level of economic growth following the crisis, concerns over inequality in industrialised countries, and labour market policies. Topics covered range from monetary and fiscal policies since the GFC to the effect of post-GFC policies on the labour market and the environment. This is the thirteenth volume in the series International Papers in Political Economy (IPPE). This series consists of an annual volume with a single theme. The objective of the IPPE is the publication of papers dealing with important topics within the broad framework of Political Economy. .--

This volume examines current and previous environmental policies, and suggests alternative strategies for the future. Addressing resource depletion and climate change are pressing priorities for modern economies. Planning energy infrastructure projects is complicated by uncertainty, as such clear government policies have a crucial role to play, The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This eleventh volume presents a collection of eight papers, examining current and previous environmental policies, and suggests alternative strategies for the future. Addressing resource depletion and climate change are pressing priorities for modern economies. Planning energy infrastructure projects is complicated by risk and uncertainty, as such clear and coherent government policies have a crucial role to play. The authors examine the problems with theoretical frameworks in terms of their environmental impact, such as New Consensus Macroeconomics, Post Keynesian and Derridean thinking, and emphasising New Thing in Economics. Reflecting on the current global crisis, this book argues that it is a direct consequence of a development model that is unsustainable from the financial, economic, social and environmental points of view. In addition the authors explore the problems of financing constraints, risk and uncertainty for the effective planning and construction of renewable energy infrastructure, and consider the links between the financial system, economic growth and environmental pollution and damages. This book offers detailed analysis and informed comment on the future of environmental policies. It is essential reading for students, scholars, researchers and policy-makers interested in environmental policy. The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This eleventh volume presents a collection of eight papers, analysing the macroeconomics of ecological sustainability and environmental policies and the relationships between the financial system, economic growth and environmental pollution. The contributions range from a critical assessment of the absence of environmental considerations from the New Consensus Macroeconomics through to the development of Post Keynesians, institutional and Derridean analyses for ecological sustainability; they are also within the spirit of New Thinking in Economics. In addition, they cover the financing of a low-carbon energy future, the search for sustainable growth and the interrelationships between the financial system, neoliberalism and sustainable development. This book offers detailed analysis and informed commentary on the macroeconomics and financial analyses of environmental policies. It is essential reading for students, scholars, researchers and policy makers interested in ecological sustainability