The euro crisis remains unresolved even as financial markets may seem calm for now. The current euro regime is inherently flawed, and recent reforms have failed to turn this dysfunctional regime into a viable one. Our investigation is informed by the "cartalist" critique of traditional "optimum...

1:-Wrong Intentions & Flawed Foundations -- 2:-Great Moderation let the Party Going -- 3:- Global Financial Crisis -Tip of the Iceberg -- 4.:-On the Non-Monetary Side & A World Beyond ECB -- 5:- A Jigsaw of Financial Institution & Unions within Union -- 6:-Stagnation in Europe: A lost decade of...

This chapter argues that the one-sidedness of the integration process, its promotion of ever deeper economic integration, has contributed to the legitimacy crisis with which the EU is confronted at present. This crisis has, in the course of the efforts to tame the financial crisis through...

This book observes that a key determinant of Europe's welfare over the coming decades will be how the region manages crises, both financial and societal. It examines how key institutional developments, such as Economic and Monetary Union, reflected differential integration (DI) in the EU, but...