{"product_id":"emu-reform-mechanisms","title":"EMU Reform Mechanisms","description":"In a case study of Ireland and Spain, the author establishes a framework that explains how reforms were enabled in the EMU during the eurozone crisis through a mechanism of interdependence between the member state and the European levels. The strong interconnection between both levels proved to be both a cause and a remedy: Each level being dependent on the other´s reliable functioning created an upward spiral of mutually perpetuated reform and thus a process of deepening integration. The author shows that this high degree of interconnectedness was induced by weaknesses on both levels and a simultaneous inability to single-handedly introduce changes, which thus necessitated external intervention by the respective other level.","brand":"Buchserien.de","offers":[{"title":"Neuware","offer_id":53986508144978,"sku":"9783828849655","price":24.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0615\/7002\/3593\/files\/unnamed_fbf9e0a0-aec9-490f-867d-3655cefd0223.jpg?v=1783903462","url":"https:\/\/www.buchserien.de\/products\/emu-reform-mechanisms","provider":"Buchserien.de","version":"1.0","type":"link"}