The Euro and the Crisis

Perspectives for the Eurozone as a Monetary and Budgetary Union

  • Nazaré da Costa Cabral
  • José Renato Gonçalves
  • Nuno Cunha Rodrigues

Part of the Financial and Monetary Policy Studies book series (FMPS, volume 43)

Table of contents

  1. Front Matter
    Pages i-xxviii
  2. Nazaré da Costa Cabral, José Renato Gonçalves, Nuno Cunha Rodrigues
    Pages 1-8
  3. The Eurozone as a (non) Optimum Currency Area

    1. Front Matter
      Pages 9-9
    2. Joseph E. Stiglitz
      Pages 11-16
    3. Annette Bongardt, Francisco Torres
      Pages 17-32
    4. Francesco Paolo Mongelli, Georgios Papadopoulos, Elisa Reinhold
      Pages 47-72
    5. Marta C. N. Simões, João A. S. Andrade, Adelaide P. S. Duarte
      Pages 73-94
    6. Francisco Louçã
      Pages 95-107
  4. A Monetary Union Relying on Fiscal Policy Coordination: Achievements, Shortcomings and Future Perspectives

  5. New Perspectives for Macroeconomic Stabilizers in the European Union

  6. A Budgetary Union as a Way-out of the EMU Crisis: Is It Possible?

    1. Front Matter
      Pages 303-303
    2. Herman Matthijs
      Pages 325-338
    3. Oscar Bajo-Rubio, Carmen Díaz-Roldán
      Pages 357-366

About this book


This book analyzes the effects of the recent crisis and evaluates potential solutions to the gridlock that is currently dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy. The timely study highlights the main challenges that European political leaders will face in the months to come. Furthermore, its interdisciplinary approach embraces economic, financial and legal perspectives, so as to ensure the global coherence and comprehensiveness of its content. The contributors to this volume are prominent experts from the areas of Economics, Finance, Law, and Political Science, offering readers a multifaceted view of the topics discussed.


Eurozone Euro crisis Monetary Union Budgetary Union European Integration

Editors and affiliations

  • Nazaré da Costa Cabral
    • 1
  • José Renato Gonçalves
    • 2
  • Nuno Cunha Rodrigues
    • 3
  1. 1.CIDEEFF - School of Law, University of LisbonAlameda da UniversidadeLisbonPortugal
  2. 2.CIDEEFF - School of Law, University of LisbonAlameda da UniversidadeLisbonPortugal
  3. 3.CIDEEFF - School of Law, University of LisbonAlameda da UniversidadeLisbonPortugal

Bibliographic information

  • DOI
  • Copyright Information Springer International Publishing Switzerland 2017
  • Publisher Name Springer, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-45709-3
  • Online ISBN 978-3-319-45710-9
  • Series Print ISSN 0921-8580
  • Series Online ISSN 2197-1889
  • Buy this book on publisher's site