EMU Reform Mechanisms
A Multi-Level Analysis of the European Sovereign Debt Crisis in a Case Study of Ireland and Spain
(Sprache: Englisch)
In a case study of Ireland and Spain, the author establishes a framework that explains how reforms were enabled in the EMU during the eurozone crisis through a mechanism of interdependence between the member state and the European levels. The strong...
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In a case study of Ireland and Spain, the author establishes a framework that explains how reforms were enabled in the EMU during the eurozone crisis through a mechanism of interdependence between the member state and the European levels. The strong interconnection between both levels proved to be both a cause and a remedy: Each level being dependent on the other´s reliable functioning created an upward spiral of mutually perpetuated reform and thus a process of deepening integration. The author shows that this high degree of interconnectedness was induced by weaknesses on both levels and a simultaneous inability to single-handedly introduce changes, which thus necessitated external intervention by the respective other level.
Bibliographische Angaben
- Autor: Clara Isabella Siegle
- 2024, 100 Seiten, Masse: 18,6 x 24,7 cm, Kartoniert (TB), Englisch
- Verlag: Tectum-Verlag
- ISBN-10: 3828849652
- ISBN-13: 9783828849655
- Erscheinungsdatum: 08.02.2024
Sprache:
Englisch
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