TY - BOOK AU - Villar Burke,Javier TI - Weathering the storm: the financial crisis and the EU response T2 - Finance and financial management collection, SN - 9781631576812 AV - HC240 PY - 2017///.] CY - New York, New York (222 East 46th Street, New York, NY 10017) PB - Business Expert Press KW - Global Financial Crisis, 2008-2009 KW - European Union countries KW - Economic conditions KW - 21st century KW - capital markets KW - economic and monetary union KW - economic governance KW - euro area KW - European Union KW - financial crisis KW - financial markets KW - financial regulation KW - financial stability KW - sovereign crisis KW - sovereign stability instruments KW - [genre] N1 - Includes bibliographical references (pages 157-164) and index; Part C. Supporting the financial system and sovereigns under financial stress --; Chapter 4. Supporting the financial system --; Chapter 5. Supporting sovereigns under financial stress --; Part D. The regulatory reform of the single market for financial services --; Chapter 6. Regulatory reform I: general framework --; Chapter 7. Regulatory reform II: overview of the new rules --; Part E. Macroeconomic policies: economic governance and growth strategy --; Chapter 8. Enhanced economic governance --; Chapter 9. The growth strategy --; Part F. Summary and challenges ahead --; Chapter 10. An integrated framework: achievements and challenges ahead --; Acronyms --; References --; Index; Access restricted to authorized users and institutions; 2; b; Also available in printing N2 - Explores the factors leading up to the recent global financial and economic crisis, how the crisis unfolded, and the response of European and national authorities. The book describes the rationale behind the measures undertaken to mitigate the consequences of the recession and to ensure that a similar situation does not happen again in the future. In the wake of the crisis, various major changes continue to significantly affect the life and social organization of Europeans. For instance, a new ESM with a size financially comparable to that of the IMF was created; similarly, the reforms in economic governance imply much more intrusive participation of European countries in each other's macroeconomic policies. Moreover, the organization, regulation, and supervision of the financial sector have been drastically revamped. The decisions taken by European and national authorities affect the daily lives of hundreds of millions of European citizens and countless more around the globe. An insightful read for anyone interested in understanding the topic and its effect on their lives, the book primarily addresses undergraduate students in their final year and graduate students in fields such as economics, finance, and political science. The main messages are explained through examples and charts. After reviewing the origins of the financial crisis in the first volume, this second volume focuses on the response given by national and European authorities UR - https://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000569.html ER -