Goal of the text is show that although non-standard monetary policy conducted by major central banks is quite efficient in stabilizing post-crisis economy, there are few important side effects of such policy. One of the most important side effect of superexpansionary monetary policy is creating...

In the context of the eurocrisis and its current management, the long 'road to Social Europe' appears to has become a dead end. The present volume explores in a comprehensive and interdisciplinary way the processes and driving forces at the root of the current social downward spiral. It examines...