Chapter

Financial crises, governance and cohesion: can governments learn up?

Stuart Holland

in From recession to renewal

Published by Policy Press

Published in print November 2010 | ISBN: 9781847427007
Published online March 2012 | e-ISBN: 9781447302377 | DOI: http://dx.doi.org/10.1332/policypress/9781847427007.003.0003
Financial crises, governance and cohesion: can governments learn up?

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This chapter provides a detailed European context for the financial crisis, and asks searching questions on the future of European governments and markets in a global economy. It addresses such issues in terms of financial institutions and treaty commitments in Europe that have been displaced, denied, or repressed in the recent financial crisis, including the first revision of the Rome Treaty in the Single European Act of 1986, which established economic and social cohesion as the ‘twin pillar’ with its internal market of the then European Community.

Keywords: financial crisis; global economy; European governments; financial institutions; Single European Act

Chapter.  7955 words. 

Subjects: Economic Sociology

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