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This book analyzes the EU’s responses to the sovereign debt crisis that hit the Economic and Monetary Union (EMU) in 2010. By analyzing both the short and long-term responses to the sovereign debt crisis, the book elucidates how policy learning can be an effective engine for deeper European integration.
Jonathan C. Kamkhaji is a Post-Doctoral Researcher at the Department of Management, Economics and Industrial Engineering, Politecnico Milano, Italy. His research interests include European integration, public policy, and regulatory governance. He previously worked as a consultant for the World Bank, and has published research in the Journal of European Public Policy, Regulation & Governance, and Policy Studies Journal.
Chapter 1. Introduction: EMU, fiscal policy coordination, crisis, and the case for learning.- Chapter 2. Research design.- Chapter 3. Introducing the beast: a primer on the euro crisis.- Chapter 4. How contingent learning saved EMU in 2010.- Chapter 5. The influence of internal epistemic actors on the construction of EMU expansionary consolidation paradigm.- Chapter 6. Conclusions. Integration through crisis and learning.