Start Over Save to list Export MARC Display MelCat
     
book jacket

Find in WorldCat
Author Chorafas, Dimitris N.
Title Breaking up the euro : the end of a common currency / Dimitris N. Chorafas.
Publication Info. New York : Palgrave Macmillan, 2013.
Edition First edition.
Location Call No. Status Notes
 Libraries Electronic Books  ELECTRONIC BOOKS-DDA    AVAIL. ONLINE
Description 1 online resource.
Note Description based on print version record.
Bibliography Includes bibliographical references and index.
Contents The break-up of the euro is a probable "impossibility" -- The start of deglobalization -- Every economy is sick in its own way -- Was political action an honest brokerage or a trap? -- Has euroland been a big political mistake? -- Default on debt which is no more "domestic" -- The lack of leadership is deeply felt in western countries -- Emu and the bubble of eldorado riches -- Europe is paying the price of mismanagement -- Spending time and money on useless "summits" -- If it's a casino society, take me to Las Vegas -- Crisis meetings of chiefs of state without tangible results -- When Europe is stalling the field is open to folklore -- The 19th "summit's" miracle weapons : June 28/29, 2012 -- Throwing the dice in Brussels -- Monti's delight and Merkel's sorrow -- Troubled countries relief program -- With storm clouds over euroland : it's no time for miracle weapons -- Euroland's banking union -- The pains of the Italian economy -- The pains of the Spanish economy and of its banking industry -- ECB, EFSF, ESM, eurobonds and political horse trading -- The European financial stability facility -- European stability mechanism -- Leveraging euroland's funds is wrong way risk -- Dead cat walking : eurobonds -- The French connection -- Throwing money to a four-letter wind : LTRO -- Long term refinancing operation : the Sarkozy trade -- Euroland's drift to financial mismanagement -- The destination of LTRO funds is as important as their amount -- LTROs have moral hazard -- How the powerful became powerless -- Fiscal compact and outright monetary transactions -- The fiscal compact is an upgraded stability and growth pact -- What the fiscal compact might worth in the longer term? -- Economic problems mount as sovereigns lose their luster -- European banking industry and the Liikanen committee -- Outright monetary transactions (OMT) -- Why OMT may end up in a fiasco -- Target2. The creeping risk of a financial nuclear bomb -- Target2 imbalances are still on the rise -- Breaking through the austerity wall with target2 -- The creeping risk of financial imbalances can destroy the euro -- Aftereffect of chronic surpluses and deficits in ECB books -- Without the german economy euroland is off the rails -- Exit Germany? -- Redenomination risk following a euro break-up -- The euro could destroy the EU -- Lex monetae. The legality of abandoning the euro -- Redenomination risk by classes of assets and liabilities -- Can a fiscal union be the solution? -- What a fiscal union cannot do, a political union might -- Conclusion.
Reproduction Electronic reproduction. Perth, W.A. Available via World Wide Web.
Note Description based on print version record.
Subject Monetary policy -- European Union countries.
Bank liquidity -- European Union countries.
Bank reserves -- European Union countries.
Eurozone.
Added Author Ebooks Corporation
Related To Original 9781137333261 113733326X (DLC) 2013000413
ISBN 1137332298 (electronic bk.)
9781137332295 (electronic bk.)
9781137333261 (alk. paper)
113733326X (alk. paper)
Permanent url for this catalog record: