EMU Reform Mechanisms

Mehr zum Buch

The book explores the interplay between member states and European institutions during the eurozone crisis, focusing on Ireland and Spain. It argues that the interdependence between these levels facilitated necessary reforms, creating a cycle of mutual reliance that led to deeper integration. The author highlights how weaknesses at both levels and an inability to implement changes independently prompted external interventions, emphasizing the significance of this interconnectedness in driving reform during the crisis.