Forged in Crises
The ECB and the Deepening of EMU Integration
Summary
Excerpt
Table Of Contents
- Cover
- Title Page
- Copyright Page
- Contents
- Dedication
- List of Figures
- Acknowledgements
- List of Abbreviations
- Introduction
- Part I Understanding the ECB within the Context of EU Integration
- The Treaty of Rome (1957): Establishing the European Economic Community Establishing the European Economic Communit
- The (Complex) 1960s and 1970s with a Monetary Union on the Horizon
- The Single European Act (1986)
- The Late 1980s: The ‘inconsistent quartet’ and the Delors Report
- The Treaty of Maastricht (1992) and the EMU
- From Maastricht to the Introduction of the Euro
- Amsterdam (1997), Nice (2001) and Lisbon (2007)
- Part II On Money: ECB’s (Unconventional) Response to Multiple Crises and a Changing World
- Phase 1 (1999–2003): From Euro Adoption to the First Strategy Review
- Phase 2 (2003–2008): From the Strategy Review until the Global Financial Crisis
- Phase 3 (2008–2020): Facing a Sovereign Debt Crisis and Subsequent Risk of Deflation
- Phase 4 (2020–2021): Facing a Pandemic (with a New Strategy on the Way)
- Phase 5 (2021–2023): Pandemic Recovery, War and Inflation
- Phase 6 (2024–2025): Policy Stabilisation under Persistent Uncertainty
- Conclusions
- Bibliography
Acknowledgements
This book is largely the product of my PhD research. I would like to thank everyone who contributed to its completion.
To Professor André Azevedo Alves, my supervisor, for his ideas, guidance, and generous availability throughout the development of this research.
To the Institute for Political Studies at Universidade Católica Portuguesa (IEP-Católica), and especially to Professor Mónica Dias, the Director of the Institute, for her constant support and advice over the course of my doctoral studies.
To all the other professors at IEP-Católica. I am particularly grateful to Professor João Carlos Espada (former Director of IEP-Católica), to Professors Francisco Proença Garcia and William Hasselberger, coordinators of the research project The Rising Authoritarian Powers, in which I participated, and to Professor José Manuel Durão Barroso, with whom I worked as a teaching assistant in the European Studies course.
To the staff of IEP-Católica, for all their support and assistance while I was a student, grant researcher, and now as a Professor at the Institute.
To the Research Centre of the Institute of Political Studies (CIEP), for its support, particularly during my research fellowship between 2020 and 2021, and for facilitating my participation in conferences where I had the opportunity to discuss parts of my research.
To my colleagues at the European Central Bank, Bank of Portugal, the Portuguese Securities Market Commission (CMVM), and Nova School of Business and Economics (Nova SBE), for the valuable discussions, comments and suggestions. I would also like to thank my colleagues from the Portuguese Government Task Force for State Reform for broadening my perspective on several of the themes discussed in this book.
xiiTo my PhD defence committee, whose insightful suggestions have been incorporated into this book.
To the publisher, Peter Lang, and its editorial team, for all their support throughout this project. Special thanks also to the Euroclio series editors for their feedback and guidance.
To my family and friends, especially my parents and my wife, Marta, for all their support.
Abbreviations
ABSPP |
Asset-backed Securities Purchase Programme |
APP |
Asset Purchase Programme |
BoE |
Bank of England |
BVerfG |
Bundesverfassungsgericht (German Federal Constitutional Court) |
CBPP |
Covered Bond Purchase Programme |
CFSP |
Common Foreign and Security Policy |
CISS |
Composite Indicator of Systemic Stress |
CJEU |
Court of Justice of the European Union |
CMU |
Capital Markets Union |
CSPP |
Corporate Sector Purchase Programme |
COG |
Committee of Governors |
COVID-19 |
Coronavirus disease 2019 |
DFR |
Deposit Facility Rate |
EB |
Executive Board |
EBA |
European Banking Authority |
ECB |
European Central Bank |
ECB GovC |
Governing Council of the European Central Bank |
ECSC |
European Coal and Steel Community |
ECON |
Committee on Economic and Monetary Affairs (European Parliament) |
Details
- Pages
- XVI, 172
- Publication Year
- 2026
- ISBN (PDF)
- 9783034365352
- ISBN (ePUB)
- 9783034365369
- ISBN (Softcover)
- 9783034365345
- DOI
- 10.3726/b24037
- Language
- English
- Publication date
- 2026 (October)
- Keywords
- European Monetary Union Euro European Central Bank EU Economic Governance Monetary Integration Crisis Management Institutional Change Central Banking EU Political Economy
- Published
- Bruxelles, Berlin, Chennai, Lausanne, New York, Oxford, 2026. xvi, 172 pp., 20 fig. b/w, 1 table.
- Product Safety
- Peter Lang Group AG
