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Awards
OverviewFull Product DetailsAuthor: Alison JohnstonPublisher: Cornell University Press Imprint: Cornell University Press Dimensions: Width: 15.20cm , Height: 2.00cm , Length: 22.90cm Weight: 0.454kg ISBN: 9781501702655ISBN 10: 1501702653 Pages: 248 Publication Date: 16 June 2016 Audience: College/higher education , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Out of stock  The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of Contents1. Incomplete Monetary Union and Europe's Current Crisis 2. From Order to Disorder: How Monetary Union Changed National Labor Markets 3. Monetary Regimes, Wage Bargaining, and the Current Account Crisis in the EMU South: Empirical Evidence 4. National Central Banks and Inflation Convergence: Danish and Dutch Corporatism Inside and Outside of Monetary Union 5. Strength in Rigidity: Public Sector Employment Reform and Wage Suppression in Germany, the Netherlands and Italy 6. Sheltered Sector Dominance under a Common Currency: Irrational Exuberance in Ireland and Fragmentation in Spain 7. EMU, the Politics of Wage Inflation, and Crisis: Implications for Current Debates and PolicyReviewsJohnston uses theory, statistical analysis, and case studies to argue that each country's relative wage moderation compared to other European Monetary Union (EMU) members determines how susceptible the country has been to the debt crisis.The case studies analyze wage negotiation changes in Denmark, the Netherlands, Germany, Italy, Ireland, and Spain, mostly focusing on 1979 to 2008. Finally, Johnston argues, post-2008 austerity conditions for loans to countries on the verge of default have tended to exacerbate declines. She suggests supranational wage coordination and wage increases in creditor EMU nations to promote recovery. Summing Up: Recommended. Upper-division undergraduates through faculty. -E. J. Peterson, Choice (December 2016) The remarkable From Convergence to Crisis is theoretically and conceptually sophisticated. It is also a model of the use of multiple methods of analysis. Alison Johnston combines statistical analyses of the complex phenomena at hand with extremely well-researched and implemented case studies. -Martin Rhodes, University of Denver ""Johnston uses theory, statistical analysis, and case studies to argue that each country's relative wage moderation compared to other European Monetary Union (EMU) members determines how susceptible the country has been to the debt crisis.The case studies analyze wage negotiation changes in Denmark, the Netherlands, Germany, Italy, Ireland, and Spain, mostly focusing on 1979 to 2008. Finally, Johnston argues, post-2008 austerity conditions for loans to countries on the verge of default have tended to exacerbate declines. She suggests supranational wage coordination and wage increases in creditor EMU nations to promote recovery. Summing Up: Recommended. Upper-division undergraduates through faculty."" -E. J. Peterson, Choice (December 2016) ""The remarkable From Convergence to Crisis is theoretically and conceptually sophisticated. It is also a model of the use of multiple methods of analysis. Alison Johnston combines statistical analyses of the complex phenomena at hand with extremely well-researched and implemented case studies.""-Martin Rhodes, University of Denver The remarkable From Convergence to Crisis is theoretically and conceptually sophisticated. It is also a model of the use of multiple methods of analysis. Alison Johnston combines statistical analyses of the complex phenomena at hand with extremely well-researched and implemented case studies. -Martin Rhodes, University of Denver Author InformationAlison Johnston is Assistant Professor of Political Science and Public Policy at Oregon State University. Tab Content 6Author Website:Countries AvailableAll regions |
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