This volume provides an alternative account of recent economic cooperation in Europe. It argues that, in sharp contrast to the preceding decade of consolidation and constraint, fiscal policy coordination during the Great Recession (2008-2010) presented a novelty: a study in fiscal expansion.
This volume provides an alternative account of recent economic cooperation in Europe. It argues that, in sharp contrast to the preceding decade of consolidation and constraint, fiscal policy coordination during the Great Recession (2008-2010) presented a novelty: a study in fiscal expansion.
Charlotte Rommerskirchen is a Lecturer in International Political Economy at the University of Edinburgh. She has published widely in distinguished scholarly journals including the Socio-Economic Review, European Journal for Political Research, New Political Economy, and West European Politics.
Inhaltsangabe
1: Introduction 2: Fiscal Policy Coordination - A Primer 3: Theorizing Fiscal Policy Coordination 4: Policy Needs Politics 5: Beggar-Thy-Neighbors 6: Discretion Rather Than Rules 7: Market Discipline 8: Exit Stimulus 9: Free Riding Beyond Hard Times