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008 160929t20172017enka b 001 0 eng d
010 _a 2016955312
020 _a9780198801801
_q(hbk.)
020 _a0198801807
_q(hbk.)
035 _a(OCoLC)ocn962233686
040 _aBTCTA
_beng
_cBTCTA
_erda
_dYDX
_dERASA
_dBDX
_dLSD
_dOCLCO
_dCDX
_dOCLCF
_dGSU
_dGUA
_dDLC
042 _alccopycat
043 _ae------
050 0 0 _aHB3782.8
_b.H46 2017
082 0 4 _a330.94
_223
100 1 _aHenning, C. Randall,
_e[author]
245 1 0 _aTangled governance :
_binternational regime complexity, the Troika, and the Euro Crisis /
_cC. Randall Henning.
250 _aFirst Edition.
264 1 _aOxford, United Kingdom :
_bOxford University Press,
_c2017.
300 _axviii, 297 pages :
_billustrations ;
_c24 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages 269-283) and index.
505 0 _aIntroduction -- Regime complexity and main argument -- Dramatis institutiones -- Euro crisis in a nutshell -- Greece 2010 -- The Troika, Ireland, and Portugal -- Spain and Italy -- United States and International Monetary Fund -- New facilities and institutions -- Greece 2012 and Cyprus 2013 -- Greece, the crisis continues -- Lessons and conclusions.
520 8 _a'Tangled Governance' addresses the institutions that were deployed to fight the Euro Crisis, re-establish financial stability, and prevent contagion beyond Europe. The author addresses why European leaders chose to include the IMF and provides a detailed account of the decisions of the institutions that make up the 'Troika' (the European Commission, ECB, and IMF). He explains the institutions' negotiating strategies, the outcomes of their interaction, and the effectiveness of their cooperation. The book also explores the strategies of the member states, including Germany and the United States, with respect to the institutions and the advantages they sought in directing them to work together. The book locates the analysis within the framework of regime complexity and clusters of overlapping and intersecting regional and multilateral institutions. It tests conjectures spawned by that literature against the seven cases of financial rescues of Euro-area countries that were stricken by crisis during 2010-2015. 'Tangled Governance' concludes that regime complexity is the consequence of a strategy by key states to control 'agency drift'. States mediate conflicts among institutions, through informal as well as formal mechanisms, and thereby limit fragmentation of the regime complex and underpin substantive efficacy. In so doing, the book answers several key puzzles, including why (a) Germany and other northern European countries supported IMF inclusion despite substantive positions opposed to their economic preferences, (b) crisis-fighting arrangements endured intense conflicts among the institutions, and (c) the United States and the IMF promoted further steps to 'complete' the monetary union.
610 2 0 _aEuropean Commission
_xHistory
_y21st century.
610 2 0 _aEuropean Central Bank
_xHistory
_y21st century.
610 2 0 _aInternational Monetary Fund
_xHistory
_y21st century.
610 2 7 _aEuropean Central Bank.
_2fast
_0(OCoLC)fst00707463
610 2 7 _aEuropean Commission.
_2fast
_0(OCoLC)fst00709495
610 2 7 _aInternational Monetary Fund.
_2fast
_0(OCoLC)fst00556666
611 2 7 _aGlobal Financial Crisis (2008-2009)
_2fast
_0(OCoLC)fst01755654
648 7 _a2000-2099
_2fast
650 0 _aFinancial crises
_zEuropean Union countries
_xHistory
_y21st century.
650 0 _aGlobal Financial Crisis, 2008-2009
_xGovernment policy
_zEuropean Union countries.
650 7 _aFinancial crises.
_2fast
_0(OCoLC)fst00924607
650 7 _aGovernment policy.
_2fast
_0(OCoLC)fst01353198
651 7 _aEurope
_zEuropean Union countries.
_2fast
_0(OCoLC)fst01269470
655 7 _aHistory.
_2fast
_0(OCoLC)fst01411628
906 _a7
_bcbc
_ccopycat
_d2
_encip
_f20
_gy-gencatlg
942 _2lcc
_cBK
_n0
999 _c2885
_d2885