Institutional Trust and Economic Policy Lessons from the History of the Euro : Lessons from the History of the Euro 

Author:   Dóra Győrffy (Associate Professor, Pázmány Péter Catholic University, Budapest)
Publisher:   Central European University Press
Edition:   1st
ISBN:  

9786155225222


Pages:   238
Publication Date:   30 March 2013
Format:   Hardback
Availability:   In Print   Availability explained
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Institutional Trust and Economic Policy Lessons from the History of the Euro : Lessons from the History of the Euro 


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Author:   Dóra Győrffy (Associate Professor, Pázmány Péter Catholic University, Budapest)
Publisher:   Central European University Press
Imprint:   Central European University Press
Edition:   1st
Dimensions:   Width: 15.90cm , Height: 2.30cm , Length: 23.40cm
Weight:   0.512kg
ISBN:  

9786155225222


ISBN 10:   6155225222
Pages:   238
Publication Date:   30 March 2013
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Contents 1. Introduction 1.1. The controversy over trust 1.2. Research questions 1.3. Methodology and research design 1.4. The concept and measurement of trust 1.5. The argument in a nutshell 1.6. Summary of chapters 2. Institutional Trust and Individual Decision-making 2.1. Theories of expectations 2.2. The concept of uncertainty 2.3. The role of institutions in reducing uncertainty 2.4. Compliance and legitimacy 2.5. Institutional trust and individual planning 3. Institutional Trust and Policy-making in the EU 3.1. Unique and recurrent decisions: the rationality of policy-makers 3.2. The de-politicization of money in the EMU 3.3. Policy choices within the euro-zone: the role of trust 3.4. Prospects after the euro - hypotheses 4. Fiscal Developments in the EU-15 1992-2007 4.1. The EMS crisis - the start of the convergence period 4.2. The working of the EMU fiscal rules 4.3. Motives for change: internal commitment vs. external anchor 4.4. Institutional quality in the EU-15 4.5. Approaches to fiscal consolidation 4.6. Virtuous and vicious cycles at work: Sweden vs. Portugal 5. The Maastricht Process in the CEE-10 5.1. An environment of distrust 5.2. The role of external constraints in an environment of distrust 5.3. Institutional quality and exchange rate choice 5.4. The impact of distrust on economic policy in the CEE-10 5.5. Reforms without trust: Hungary vs Slovakia 6. Financial Crisis in the EU-25 6.1. The origins of the subprime crisis 6.2. The crisis in the EU 6.3. Consequences of the crisis in the EU-25 6.4. Surprising cases: Ireland vs Poland 7. The Relevance of Trust for Economic Outcomes 7.1. Summary of findings 7.2. Differences between East and West 7.3. Institutional trust and economic consequences 7.4. Factors modifying the influence of trust 7.5. Implications for policy 7.6. Conclusions Bibliography Index

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Dora Gyorffy is associate professor at Peter Pazmany Catholic University, Hungary

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