LEADER 03950nam 22005895 450 001 9910502672703321 005 20240724114828.0 010 $a9783030771157 010 $a3030771156 024 7 $a10.1007/978-3-030-77115-7 035 $a(CKB)4100000012036767 035 $a(MiAaPQ)EBC6734367 035 $a(Au-PeEL)EBL6734367 035 $a(OCoLC)1287133493 035 $a(PPN)259465801 035 $a(DE-He213)978-3-030-77115-7 035 $a(EXLCZ)994100000012036767 100 $a20210924d2021 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aEurope Beyond the Euro $eBuilding Protection for Europe's Economies in the Time of Risks /$fby Charles Enoch 205 $a1st ed. 2021. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2021. 215 $a1 online resource (389 pages) 225 1 $aSt Antony's Series,$x2633-5972 311 08$a9783030771140 311 08$a3030771148 320 $aIncludes bibliographical references and index. 327 $a1. Introduction -- 2. The EU in a Dangerous World: The Importance of Regional Economic Arrangements -- 3. Not All Member States are Created Equal -- 4. Treaties, Frameworks, and Powers -- 5. Economic and Monetary Union and Beyond: Differentiation in the EU -- 6. Non-treaty Relationships Across Core and Periphery and Beyond -- 7. Response to the GFC: the European Supervisory Authorities -- 8. The Macroprudential Approach: A Strategy for All Seasons? -- 9. The European Systemic Risk Board: Financial Stability for the Entire Membership -- 10. The Covid-19 Pandemic, the Green Economy, and Financial Stability -- 11. Not all Member States Move Together: Differentiated Integration -- 12. Inclusive and Differentiated: Building Back Safer -- 13. Conclusions. 330 $aThis book observes that a key determinant of Europe's welfare over the coming decades will be how the region manages crises, both financial and societal. It examines how key institutional developments, such as Economic and Monetary Union, reflected differentiated integration (DI) in the EU, but argues that modern-day risks are highly interconnected, and their management therefore has to be inclusive. In that connection it looks in particular at the European Systemic Risk Board (ESRB), whose mandate to protect financial stability also gives it relevance with regard to other crises. The book considers that the strengthening of this institution, and bringing it to the fore, would help EU member states, as well as countries around the EU including applicant nations, to manage financial and societal risks, including COVID-19 and the transition to a green economy, thus safeguarding the economies of Europe. It builds on a model of the EU allowing for DI in some activities, while ensuring sound governance arrangements between those inside and those outside that activity, and embodying inclusivity in the fundamentals of the EU, including in the management of risk. Charles Enoch is the European Studies Centre Fellow at St Antony's College, University of Oxford, UK, and Previous Deputy Director, International Monetary Fund, and Senior Advisor, Bank of England, UK. . 410 0$aSt Antony's Series,$x2633-5972 606 $aInternational economic relations 606 $aPolitical science 606 $aInternational Political Economy' 606 $aGovernance and Government 615 0$aInternational economic relations. 615 0$aPolitical science. 615 14$aInternational Political Economy'. 615 24$aGovernance and Government. 676 $a337.142 676 $a337.142 700 $aEnoch$b Charles$0865326 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910502672703321 996 $aEurope Beyond the Euro$92568855 997 $aUNINA