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States, debt, and power : 'saints' and 'sinners' in European history and integration / Kenneth Dyson.

Oxford Scholarship Online: Political Science Available online

Oxford Scholarship Online: Political Science
Format:
Book
Author/Creator:
Dyson, Kenneth H. F., author.
Language:
English
Subjects (All):
Debts, Public--Europe--History.
Europe--Economic conditions.
Europe--History.
Europa.
Europe.
Local Subjects:
Europa.
Genre:
History.
Physical Description:
1 online resource
Place of Publication:
Oxford : Oxford University Press, 2014.
Summary:
'States, Debt, and Power' deals with one of the most pressing political and policy issues of the 21st century: the so-called 'crisis of debt' with its effects on perceptions of state power and of the relevance and value of democratic politics and of European integration.
Contents:
Prologue : The perils of sleepwalking
Contextualizing debt : history, morality, and the triple structural dimension
The nature of sovereign creditworthiness : hierarchy, sovereignty, and responsibility
Moralizing credit : bad debt, good debt, and the troubled conscience
pt. I. Debt and political rule in European history
The evolution of public debt
Financial repression, debasement, and the historic arc of default
Theological traces and social contexts
The dynamics of public debt in historical perspective : the limitations of formal economic reasoning
pt. II. Law, culture, and statecraft
Law, public debt, and the paradoxes of power
Economic cultures, ideologies of debt, and state virtue
Space, time, and statecraft : saints, fallen angels, false prophets, redeemers, and sinners
pt. III. State liability and territorial control
States and financial markets : the imbalance of power
Professional consensus, political silence, and sovereign creditworthiness
The dynamics of external imbalances and debt
Which truth? the power of numeric indicators and probabilistic reasoning about public debt
Public debt dynamics : political will and state capacity
Public debt and multilevel statehood : sub-national fiscal governance, structural imbalances, and 'stand-alone' fiscal capacity
pt. IV. Sovereign creditworthiness and European integration
Still the 'old' Europe? historical legacies and long-term political challenges
The Achilles heel of post-war European integration : endogenous preference formation and the boundaries of creditor-state power
Epilogue : History as oracle.
Notes:
Includes bibliographical references and index.
Description based on online resource; title from home page (viewed on July 8, 2014).
ISBN:
0-19-102347-7
0-19-178255-6

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