Capitalising on Constraint: Bailout Politics in Eurozone Countries Moury Catherine
Capitalising on Constraint: Bailout Politics in Eurozone Countries Moury Catherine This book is an essential analysis of what really happens behind closed doors during and after a bailout.In the last…
Specifikacia Capitalising on Constraint: Bailout Politics in Eurozone Countries Moury Catherine
Capitalising on Constraint: Bailout Politics in Eurozone Countries Moury Catherine
This book is an essential analysis of what really happens behind closed doors during and after a bailout.In the last decade, five Eurozone governments in economic difficulty received assistance from international lenders on the condition that certain policies specified in the Memoranda of Understanding were implemented. What room for manoeuvre did the governments of these countries have? How did negotiations take place in this context?
The authors argue that despite international market pressure and creditors' conditionality, governments had some room for manoeuvre during a bailout and After conditionality, to what extent were governments willing and able to roll back changes imposed on them by the international lenders?This book explores the constraints on national executives in the five bailed out countries of the Eurozone during and beyond the crisis, from 2008 to 2019.