In light of the experience of the global financial crisis, this book develops concrete recommendations for financial sector reform and regulation in Asian economies aimed at preventing the recurrence of systemic financial crises, improving the ability to manage and resolve crises, managing capital flows and promoting the development of Asian bond markets.

"Social Exclusion in European Welfare States" focuses on the relationships between economic performance, labour market performance and social inclusion/exclusion. The volume examines the alleged trade-off between the social and economic capabilities of a society and their impact on well-being, and suggests that welfare regimes whose policies are more balanced in terms of prioritizing economic as well as social goals are more successful in tackling social misfortune than others. The book attempts to promote a better understanding of the differences in policy regimes and the performances of...

The expert contributors provide an assessment of how countries can handle the fair allocation of the costs of childcare. They look at the experience within Europe in recent years and show in particular how these interrelate with the objectives of improving income, employment and social inclusion. The book's conclusion reveals that choice is the key ingredient as families have different views and different degrees of support available from their relatives. Income and social inclusion can provide choice but ironically employment does not always. An employment-based model can sometimes narrow...

The recent global financial crisis has challenged conventional wisdom, and our conception of globalisation has been called into question. This challenging and timely book revisits the relationship between globalisation, the crisis and the state from an interdisciplinary perspective, with law, economics and political science underpinning the analysis.

The welfare state in Europe has been reformed gradually over the past two decades, with the intensification of the economic and monetary union and the addition of fifteen new members to the EU. This book explores the pressures that have been placed on the welfare state through a variety of insightful and thought-provoking contributions. As the standard of living has increased, aspirations and financial constraints have required major rethinking. There is considerable disparity between European countries in how they approach the welfare system, with differing concern over aspects such as...

This book presents a clear exposition of what constitutes asymmetry in economics. It provides an empirical application of these ideas in the case of the EU. In particular, it shows how important asymmetry is for the appropriate design of policy in the Euro Area.