Global Finance and Social Europe

This book provides an excellent critical account of the relationship between global financial developments, the emergent European financial system, and the implications of the operation of these for the European social model and its future. The chapters carefully analyze the characteristics of current financial relationships and show how these impinge on a whole range of policy areas from employment and social protection thought to economic stability and retail financial markets. The book builds up a systematic picture of the pressures being experienced throughout European society as financial engineering has gathered pace, and provides telling suggestion as to how to combat the most threatening aspects of these developments for European policy makers. This book is a `must read' for anyone concerned about the possible consequences of recent tumultuous events that have shaken the global financial system.'