Global Finance And Social Europe

‘This book is to be highly recommended. It provides an important analysis of the European financial system and how this relates to global developments.’
– International Review of Applied Economics

‘This book provides an excellent critical account of the relationship between global financial developments, the emergent European financial system, and the implications of the operation of these for the European social model and its future. The chapters carefully analyze the characteristics of current financial relationships and show how these impinge on a whole range of policy areas from employment and social protection through to economic stability and retail financial markets. The book builds up a systematic picture of the pressures being experienced throughout European society as financial engineering has gathered pace, and provides telling suggestions as to how to combat the most threatening aspects of these developments for European policy makers. This book is a “must read” for anyone concerned about the possible consequences of recent tumultuous events that have shaken the global financial system.’
– Grahame Thompson, The Open University, UK and Copenhagen Business School, Denmark

With global finance reshaping the world economy, this insightful new
book provides a full account of the EU’s financial integration strategy,
together with a critical assessment arguing the case for social control
over global finance.

Written by acknowledged experts in European finance, this book
discusses key issues from finance to general social developments,
encompassing social security systems, employment relations, household
saving and borrowing, and the question of economic stability. Thus far,
America has been pre-eminent both in global financial markets and
international banking – so how should the European Union meet this
challenge? Global Finance and Social Europe constructively argues that
an active response is required and highlights the importance of an
integrated European financial system.

Aimed at an international audience, this book will strongly appeal to
researchers, academics and readers who share an interest in European
integration and global economic issues.

Contents:

Introduction
John Grahl

1. Money and Finance Today
Trevor Evans

2. International Finance
Trevor Evans

3. Europe’s Financial Systems Under Pressure
Marica Frangakis

4. EU Financial Market Integration Policy
Marica Frangakis

5. Lisbon, Finance and the European Social Model
John Grahl

6. The Official Case for Financial Integration
Thorsten Block and John Grahl

7. International Finance and Instability in the EU
Jan Toporowski

8. The Transformation of Corporate Europe
Photis Lysandrou

9. Financial Markets and Social Security
John Grahl

10. Finance and the Household
John Grahl

11. The Impact of Financial Change on European Employment Relations
John Grahl

12. Inclusion: Universal Access, Consumer and Workers’ Protection
Jörg Huffschmid

13. Protection of the Elderly Against the Risks of Capital Markets: The Advantages of Public PAYGO Pension Systems
Jörg Huffschmid

14. Financial Stability
Dominique Plihon

15. Financing Social Protection and Social Equity in Europe
Dominique Plihon

References

Index