The European Central Bank between the Financial Crisis and Populisms /

محفوظ في:
التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Macchiarelli, Corrado (مؤلف), Monti, Mara (مؤلف), Wiesner, Claudia (مؤلف), Diessner, Sebastian (مؤلف)
الوثيقة: كتاب
اللغة:English
منشور في: Cham : Springer International Publishing, ; Imprint Palgrave Macmillan 2020
الطبعة:1st ed.
الموضوعات:
الوصول للمادة أونلاين:http://library.sama.gov.sa/cgi-bin/koha/opac-retrieve-file.pl?id=3f06bde35b20fb2b1fea1fbaef016f91
الوسوم: إضافة وسم
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
جدول المحتويات:
  • The European Central Bank Between the Financial Crisis and Populisms 1 1.1 Introduction 1 1.2 The Motivation in Brief: Why a Book on the European Central Bank, Financial Crisis, and Populisms? 3 1.3 Two Essentially Contested Concepts: Populism and Legitimacy 7 1.4 What to Expect from This Book 15 References 16 2 The Sovereign Crisis, Its Aftermath, and How Monetary Policy Has Changed 21 2.1 Introduction 21 2.2 The Transition from Trichet to Draghi 23 2.3 Evaluating the Efficacy and Effectiveness of the ECB’s Unconventional Measures Post-OMT 35 2.4 The Big Picture 46 References 46 3 The EU’s Crisis Governance Versus Populism 51 3.1 Introduction 51 3.2 The EU Political System and Its Democratic Deficits 53 3.3 The Lack of a Lender of Last Resort 54 3.4 Fiscal Policy Without Politics: Six-Pack and Two-Pack 59 3.5 Judging Legitimacy Problems 64 3.6 Bad Politics or Bad Economics? Opening a Breach to Populism 67 References 69 4 The Fiscal and Political Implications of the ECB’s Non-conventional Roles 75 4.1 Introduction 75 4.2 The ECB’s Enhanced Role During the Decade of 2009–2019 77 4.3 What’s Next 96 References 97 5 The Growing Challenge of Legitimacy Amid Central Bank Independence 103 5.1 Introduction 103 5.2 The ECB’s Legitimacy and Independence: Procedural and Perceptual Dimensions of Input, Output, and “Throughput” 104 5.3 The ECB’s Procedural and Perceived Legitimacy in Practice 108 5.4 Conclusion 116 List of Interviewees 117 References 118 6 How Popular Has the ECB Been? Popularity, Protest, and Populism Post Crisis 123 6.1 Introduction 123 6.2 Citizens, Support, and Trust in the EU During the Financial Crisis: What Do Eurobarometer Data Tell? 124 6.3 Socio-Economic Sources of Political Discontent? Austerity and Beyond 130 6.4 The Twin Challenge of Popular Protests and Populist Pressures Post Crisis 132 6.5 The Growing Multi-Level Challenge of Populism for the ECB 138 References 140 7 Conclusion: Going Forward—What Are the Political and Economic Challenges Ahead? 145 7.1 Introduction 145 7.2 Political Challenges for the ECB in the Post-Draghi Era 146 7.3 Monetary Policy Challenges and the ECB’s Ammunition in the Post-Draghi Era 149 7.4 The Future of the E(M)U 158 References 167 Epilogue: The 2020 Global Pandemic and Its Fallout for the ECB and the Euro Area 175 Index 181