Financial regulation in the EU : from resilience to growth /: from resilience to growth. ([2017])

• Record Type: Book
• Further Information: Note: Raphaël Douady, Clément Goulet, Pradier, Pierre-Charles, editors.
• Editors: Douady, Raphaël; Goulet, Clément; Pradier, Pierre-Charles
• Contents: List of Figures ; List of Tables ; 1: Introduction; References; Part I: Supervision of Member States' Budgets; 2: Political Economy of the European Monetary Institutions and Reform Proposals; 2.1 Introduction; 2.2 EMU Institutional System and Fiscal Policy: Theory and Historical Overview of the Reforms; 2.2.1 Fiscal Policy in the EMU: Theory; 2.2.2 The "Original" Stability and Growth Pact; 2.2.3 The Fiscal Reforms Accomplished as a Consequence of the Crisis; 2.2.3.1 The Reform of the SGP; 2.2.3.2 The European Semester; 2.2.3.3 The Euro Plus Pact; 2.2.3.4 The Fiscal Compact. 2.2.3.5 Financial Facilities to Allow Member States to Benefit from Financial Assistance in Case of Distress2.3 The ECB and Monetary Policy Since the Creation of the EMU; 2.3.1 Mandate and Structure; 2.3.2 Phases of the ECB Monetary Policy; 2.3.3 Extension of the ECB's Tasks; 2.4 Review of the Different Proposals for a New Economic Governance in the EMU; 2.5 Conclusions; 2.6 Annex; References; 3: Fiscal Sustainability and Fiscal Rules in a Monetary Union: Theory and Practice in Europe; 3.1 Introduction; 3.2 Why (and How) Does Fiscal Policy Need to Be Constrained? 3.2.1 Public Debt Sustainability and Fiscal Policy Rules3.2.2 Fiscal Discipline Within a Monetary Union; 3.3 European Fiscal Rules: Too Tight? Too Loose? Or Both?; 3.3.1 Are European Fiscal Rules Ensuring the Sustainability of Public Finance?; 3.3.2 Procyclical Bias in European Fiscal Policy Rules; 3.3.3 Was the European Debt Crisis the Result of Irresponsible Fiscal Policies?; 3.4 Conclusions; References; 4: The Composition Effect of New Fiscal Rules in the Euro Area; 4.1 European Total Expenditures, by Country and Function. 4.2 A Brief Literature Review of the Economic Impact of Public Investment4.3 Deficit of Public Investment and the Juncker's Investment Plan; References; 5: The Banking Union Revisited; 5.1 Background; 5.2 Benefits of Banking Union; 5.3 The Single Supervisory Mechanism; 5.3.1 The Three Pillars and Their Sequencing; 5.3.2 The Central Role of the ECB; 5.3.3 The Necessity of Coordination; 5.3.4 Micro- and Macroprudential Measures; 5.3.5 Potential Conflicts within the ECB; 5.4 The Single Resolution Mechanism; 5.4.1 The Legal Basis for Bank Resolution. 5.4.2 The Basic Ingredients of Bank Resolution5.4.3 Organizing Bail-in Procedures; 5.4.4 Governance, Funding and Fiscal Backstop; 5.5 Deposit Insurance; 5.6 Other Structural Issues; 5.6.1 The Ins and the Outs; 5.6.2 The Separation of Bank Activities; 5.6.3 CMU and the Financing of the Real Economy; 5.7 Concluding Remarks; References; Part II: Supervision of Financial Entities; 6: Regulatory Capture in Financial Supervision; 6.1 The Concept of Capture; 6.1.1 Materialist Capture; 6.1.2 Non-Materialist Capture; 6.2 The Normalization of Capture; 6.2.1 Institutionalization.
• Publisher Details: Cham, Switzerland : Palgrave Macmillan
• Publication Date: 2017
• Copyright Date: 2017
• Extent: 1 online resource
• Subjects: 332.1094; Finance; Financial services industry -- State supervision -- European Union countries; Financial institutions -- Law and legislation -- European Union countries; Banks and banking -- State supervision -- European Union countries; Monetary policy -- European Union countries; Finance, Public; Economic policy; European Economic Community lite; BUSINESS & ECONOMICS -- Finance; Banks and banking -- State supervision; Financial institutions -- Law and legislation; Financial services industry -- State supervision; Monetary policy; Business & Economics -- Corporate Finance; Political Science -- Public Policy -- Economic Policy; Business & Economics -- International -- Economics; Corporate finance; Political economy; Economic systems & structures; Business & Economics -- Public Finance; Public finance; Europe -- European Union countries; Electronic books
• Languages: English
• ISBNs: 9783319442877; 3319442872
• Related ISBNs: 9783319442860; 3319442864
• Notes: Note: Includes bibliographical references and index.; Note: Online resource; title from PDF title page (EBSCO, viewed September 12, 2017).
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.