Overview

Combining economic and political science perspectives, this timely and important book describes and analyses the circumstances and events leading to the demise and subsequent reform of the Stability and Growth Pact (SGP). Between Growth and Stability aims to find a solution to the dilemmas posed by fiscal policy coordination in the context of a single currency area, as well as contrasting the alternative heuristic frameworks and theoretical perspectives employed. It focuses particularly on the question of credibility, its definition and its meaning in the day-to-day workings of economic and monetary union. The book examines the actual performance of the SGP and proposes ways in which the integrity of European fiscal rule making might be improved in the future. This book will be essential reading for policymakers, politicians, members of European institutions and international organizations. The in-depth analysis will also be invaluable to scholars of international relations and economics, as well as undergraduate and postgraduate students in international relations, political science and economics.

Full Product Details

Author:   Lelia Simona Talani ,  Bernard Casey
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Edition:   illustrated edition
Dimensions:   Width: 15.60cm , Height: 2.10cm , Length: 23.40cm
Weight:   0.438kg
ISBN:  

9781847202062

ISBN 10:   1847202063
Pages:   224
Publication Date:   30 May 2008
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Contents: Introduction Leila Simona Talani 1. Interests or Expectations? A Political Economy Model of the Credibility of Exchange Rate Agreements Leila Simona Talani and Giorgio Fazio 2. Is the SGP Crisis also the Crisis of the EU? Assessing the EMU from a Structural, Transatlantic Perspective Alan Cafruny and Magnus Ryner 3. A Dead Stability and Growth Pact and a Strong Euro: There Must be a Mistake! Leila Simona Talani 4. Bringing Domestic Pressures Back into the Budget: Germany’s Stability Pact and the New Incentive Structure in EMU Benedicta Marzinotto 5. Notes on the Reformed SGP: Creating and Implementing Effective Macroeconomic Frameworks Robert Woods 6. The Revision of the Stability and Growth Pact: The Medium-Term Objective Michael J. Artis and Luca Onorante Conclusions: The Demise and Reform of the SGP and the Future of EMU: Towards the Disruption of the European Integration Process? Leila Simona Talani Index

Reviews

'Very comprehensive and based on a detailed economic and political analysis, Between Growth and Stability is clearly a vital book for both students and seasoned economists. . .' -- Thomas Bauwens, Bibliotheque Europeenne

'Very comprehensive and based on a detailed economic and political analysis, Between Growth and Stability is clearly a vital book for both students and seasoned economists...' -- Thomas Bauwens, Bibliotheque Europeenne

`Very comprehensive and based on a detailed economic and political analysis, Between Growth and Stability is clearly a vital book for both students and seasoned economists. . .' -- Thomas Bauwens, Bibliotheque Europeenne

Author Information

Edited by Leila Simona Talani, Chair in International Political Economy, European and International Studies Department, King’s College London and Bernard Casey, University of Warwick, UK

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