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Authors Iain Begg | Gabriel Glöckl
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Published in 2009 by Policy Network
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4 After the crisis: A new socio-eco
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6 After the crisis: A new socio-eco
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Simona Milio is associate director
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Chapter 10 Simona Milio ...........
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Before the crash: the EU as a parti
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liberalisation. The City of London
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of the Financial Services Action Pl
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confidence and world trade, to whic
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following the ECJ’s controversial
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signals are in place to promote a n
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need to be constructed to create ac
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or indeed re-impose, what they rega
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Markets with rules The overall conc
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30 After the crisis: A new socio-ec
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Target financial stability The EMU
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Belgium, the Netherlands and Luxemb
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mortgage banks and the insurance se
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financial market rules. The ESFS au
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prudential regulation - though only
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initiatives vis-à-vis ratings agen
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44 After the crisis: A new socio-ec
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Even if membership in a monetary un
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emained relatively contained to spe
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The second channel of functional sp
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But even so, the depth and intensit
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governance in the EU and the euro a
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in the EU show, authorities at the
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factors will remain prevalent and b
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centralised decision-maker. Similar
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62 After the crisis: A new socio-ec
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(GNI), the interests of the member
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terms only very slowly and as a per
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policy proposal asks itself what th
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ensure that a ceiling is put on the
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Reform of EU expenditure Spending 4
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The medium-term financial framework
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unanimity. The need to obtain the c
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therefore, was weakening the Europe
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for the signing of the strict and d
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Since then, member states have name
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in the world monetary system. It al
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a Treaty that not only ignores trad
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88 After the crisis: A new socio-ec
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Firstly, they should include policy
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emanate from demographic trends. Ho
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Furthermore, the Lisbon agenda may
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Strengthening, if not really crafti
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incentives in the welfare schemes a
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- Page 134 and 135: Where do we come from? The EU agend
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