The Political And Economic Dynamics Of The Eurozone Crisis

Author : James A. Caporaso,Martin Rhodes
Publisher : Oxford University Press
Page : 314 pages
File Size : 40,6 Mb
Release : 2016
Category : Business & Economics
ISBN : 9780198755739

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The Political and Economic Dynamics of the Eurozone Crisis by James A. Caporaso,Martin Rhodes Pdf

The book is distinguished from existing research by its avoidance (and rejection) of the too-often simplistic analysis that has characterized political, media and regrettably some academic coverage, and by its attempt to escape from the tyranny of day-to-day events and short-term developments. Each of the contributors identifies an important question and undertakes a careful empirical, theoretically-informed analysis that produces novel perspectives. Together they seek to balance many of the existing accounts that have rushed to sometimes unwarranted conclusions, concerning, for example, the locus of institutional power in European crisis-management; the power and centrality of particular member states, notably Germany which has been attributed with 'hegemonic' status; the supposed entrapment of EU policy makers by an 'austerity ideology'; and the deep flaws that apparently afflict the solutions to the crisis put painstakingly in place, such as Banking Union.

Author : Owen Parker,Dimitris Tsarouhas
Publisher : Springer
Page : 219 pages
File Size : 41,7 Mb
Release : 2018-02-19
Category : Political Science
ISBN : 9783319697215

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Crisis in the Eurozone Periphery by Owen Parker,Dimitris Tsarouhas Pdf

This book investigates the causes and consequences of crisis in four countries of the Eurozone periphery – Greece, Spain, Portugal and Ireland. The contributions to this volume are provided from country-specific experts, and are organised into two themed subsections: the first analyses the economic dynamics at play in relation to each state, whilst the second considers their respective political situations. The work debates what made these states particularly susceptible to crisis, the response to the crisis and its resultant effects, as well as the manifestation of resistance to austerity. In doing so, Parker and Tsarouhas consider the implications of continued fragilities in the Eurozone both for these countries and for European integration more generally.

Author : Ivano Cardinale,D'Maris Coffman,Roberto Scazzieri
Publisher : Cambridge University Press
Page : 589 pages
File Size : 45,6 Mb
Release : 2017-10-12
Category : Business & Economics
ISBN : 9781107124011

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The Political Economy of the Eurozone by Ivano Cardinale,D'Maris Coffman,Roberto Scazzieri Pdf

This book proposes a new way of thinking about the Eurozone, exploring the overlap between its economic and political interdependencies.

Author : Panagiotis E. Petrakis,Pantelis C. Kostis,Dionysis G. Valsamis
Publisher : Springer Science & Business Media
Page : 257 pages
File Size : 40,5 Mb
Release : 2014-01-04
Category : Political Science
ISBN : 9783642413445

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European Economics and Politics in the Midst of the Crisis by Panagiotis E. Petrakis,Pantelis C. Kostis,Dionysis G. Valsamis Pdf

This book presents an overview of the economics and politics implemented in the European Union and especially the Eurozone during the crisis of 2008-2012. Although it focuses on these four years, the analysis starts from the establishment of the European Union and covers the period up to the outbreak of the Cypriot banking crisis in mid-2013. The long-term creation of structural changes in European economics and politics is associated with a growth lag within the global economic environment dynamics. The economic and political consequences of the crisis and the development of new institutions will shape the future growth dynamics towards a Fragmented European Federation.

Author : Michele Chang,Federico Steinberg,Francisco Torres
Publisher : Routledge
Page : 281 pages
File Size : 52,9 Mb
Release : 2019-08-08
Category : Political Science
ISBN : 9780429762499

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The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis by Michele Chang,Federico Steinberg,Francisco Torres Pdf

This volume focuses on the aftermath of the euro crisis and whether the reforms have brought about lasting changes to the economic and political structures of the crisis countries or if the changes were short-term and easily abandoned post-bailout and post-recovery. Starting with an analysis of the state of euro area governance at the onset of the crisis and the ensuing reforms, the book considers structural conditions as well as those specific to the domestic political economy of most of the countries affected by the crisis, including Greece, Ireland, Portugal, Spain, and Italy. It presents up-to-date and incisive analysis of the aftermath of the crisis and suggests how we can situate it within our understanding of different national growth models in Europe. This book will be of key interest to scholars, students and practitioners interested in the Euro Crisis, Economic and Monetary Union, European Union and European politics and more broadly to Comparative Politics, Political Economy, International Relations, Economics, Finance, Business and Industry.

Author : Robert Godby,Stephanie Anderson
Publisher : Verlag Barbara Budrich
Page : 209 pages
File Size : 52,5 Mb
Release : 2016-04-18
Category : Political Science
ISBN : 9783847404316

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Greek Tragedy, European Odyssey: The Politics and Economics of the Eurozone Crisis by Robert Godby,Stephanie Anderson Pdf

Debate among politicians and academics alike vacillates as to whether the euro is the crowning achievement of a half-century of European integration efforts, or now constitutes a force that threatens to drive European Union member states apart. This book introduces both the political and economic forces at play in the eurozone crisis that have shaped this debate and changed the face of European integration.

Author : P. Arestis,M. Sawyer
Publisher : Springer
Page : 246 pages
File Size : 52,8 Mb
Release : 2012-04-05
Category : Political Science
ISBN : 9780230393547

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The Euro Crisis by P. Arestis,M. Sawyer Pdf

A detailed and informed analysis of the current crisis facing the eurozone, examining the root causes and exploring the possible outcomes and uncertain future of the European Union and its currency. Chapters include case studies of Portugal, Ireland, Spain and Greece, as well as broader comparative perspectives.

Author : Konstantinos Myrodias
Publisher : Springer Nature
Page : 231 pages
File Size : 40,7 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 9783031421983

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The Political Economy of the Eurozone’s Rollercoaster by Konstantinos Myrodias Pdf

Author : Nikos Petropoulos,George O. Tsobanoglou
Publisher : Cambridge Scholars Publishing
Page : 550 pages
File Size : 52,8 Mb
Release : 2014-06-02
Category : Social Science
ISBN : 9781443861014

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The Debt Crisis in the Eurozone by Nikos Petropoulos,George O. Tsobanoglou Pdf

During the past four years, the countries of the European periphery – the so-called PIIGS (Portugal, Ireland, Italy, Greece and Spain) – have been experiencing an economic-financial crisis that can only be compared to the Great Depression. To solve the crisis, the EU and the IMF instituted bailout programs for the debit countries on conditions of austerity and structural reforms. In this volume 20 social scientists, using both theoretical and empirical tools, delve into the causes and the social impacts of this crisis. The volume also provides an excellent background for a better comprehension of the dynamics of structural and political changes now taking place within the European Union. The social impacts cover a range of consequences, including poverty, unemployment, anti-migrant attitudes, a decline of welfare and health indicators, post-traumatic stress disorders, national humiliation, political alienation and social protest. The authors analyse the “international” and the “domestic” causes of the crisis, while some of them underline the importance of both factors. In the concluding chapter, the editors undertake a synthesis of the previous chapters, and extract a number of policy recommendations that – if adopted – could transform the current financial crisis into a growth-opportunity for the European Union and its member states.

Author : Stefanie Walter,Ari Ray,Nils Redeker
Publisher : Oxford University Press
Page : 321 pages
File Size : 51,7 Mb
Release : 2020
Category : Political Science
ISBN : 9780198857013

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The Politics of Bad Options by Stefanie Walter,Ari Ray,Nils Redeker Pdf

The book sheds new light on the history of the Eurozone crisis and provides crucial lessons for the way forward.

Author : Ferdi De Ville,Mattias Vermeiren
Publisher : Springer
Page : 155 pages
File Size : 44,7 Mb
Release : 2016-06-15
Category : Political Science
ISBN : 9781137514400

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Rising Powers and Economic Crisis in the Euro Area by Ferdi De Ville,Mattias Vermeiren Pdf

In this book, Ferdi De Ville and Mattias Vermeiren examine the linkages between the economic crisis in the euro area and the rise of Brazil, India and China (BICs) in the global monetary and trading system. Drawing on the insights of the comparative capitalism literature, the authors show that the latter development has been a key source of the escalation of trade imbalances in the euro area, which are widely seen as an important cause of the financial and economic crisis in the region. By pointing to the external source of these imbalances and the divergent institutional capacity of the euro area countries to deal with the intensified competition associated with the rise of the BICs, De Ville and Vermeiren go beyond the focus on the divergence in unit labor costs as the driving force of these imbalances. As such, this book provides a comprehensive policy critique of the EU’s export-led growth strategy based on declining unit labor costs.

Author : Ehtisham Ahmad,Massimo Bordignon,Giorgio Brosio
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 44,7 Mb
Release : 2016-01-29
Category : Business & Economics
ISBN : 9781784715113

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Multi-level Finance and the Euro Crisis by Ehtisham Ahmad,Massimo Bordignon,Giorgio Brosio Pdf

Representing a unique contribution to the analysis and discussion of the unfolding Eurozone crisis in terms of the relationship between central and local government, this book addresses a number of important fiscal and political economy questions. To what extent have local and regional governments contributed to the crisis? To what degree have sub-national services and investments borne the brunt of the adjustments? How have multi-level fissures affected tensions between different levels of government from the supranational to the local? This volume covers these and many other critical issues that have been largely ignored despite their relevance. The book first addresses general issues of fiscal coordination and management across levels of government in the context of incentives, which can be altered by the existence of a supranational tier. The country-specific chapters, prepared by leading experts, provide a thorough review of the key problems of multi-levels of government in the biggest economies in the Eurozone (France and Germany) and Southern Europe (Portugal, Spain, Italy and Greece). In further chapters the juxtaposition of Barcelona and Turin provides an opportunity to evaluate large investments in a multi-level context, associated, in this case, with the Olympics. Macedonia provides a discussion of the related issues in an EU accession country. As a whole, the book explores the long-term impact of the crisis on local service delivery and investment, and the consequences for sustainable growth and political cohesion. It also offers rarely found insights and suggestions to increase the stability and strength of multi-level European institutions. This is an enlightening resource for all those, from academics and graduates to policy makers and practitioners, seeking a comprehensive understanding of European fiscal, federal and financial issues.

Author : Rajeesh Kumar
Publisher : Springer
Page : 310 pages
File Size : 45,9 Mb
Release : 2014-08-05
Category : Political Science
ISBN : 9781137356758

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The Eurozone Crisis and the Future of Europe by Rajeesh Kumar Pdf

The authors uncover the roots of the eurozone crisis, focusing on how this can be solved against the backdrop of a very deep financial and economic crisis and its strong social impact. Looking at the impact of the financial crisis on the eurozone, they explore the European Union's recent and future developments.

Author : Johannes Jäger,Elisabeth Springler
Publisher : Routledge
Page : 276 pages
File Size : 48,8 Mb
Release : 2015-04-10
Category : Political Science
ISBN : 9781317652977

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Asymmetric Crisis in Europe and Possible Futures by Johannes Jäger,Elisabeth Springler Pdf

The crisis in Europe is often discussed as a crisis of European integration or a crisis of national economies within Europe. Both the ‘methodological Europeanism’ and ‘methodological nationalism’ miss out the important links between economic and political processes at different spatial scales within Europe, and therefore, asymmetries and phenomena of uneven development. In addition, a discussion of possible scenarios which systematically addresses the implications of anti-crisis policies is missing. This volume seeks to close this gap by systematically integrating the analysis of economic policy or ‘technical’ solutions to the crisis within a broader framework of political economy. It argues that combining critical political economy approaches and post-Keynesian perspectives allows for a systematic understanding of the economic and political dimensions of the crisis. Although both approaches have the capacity to deal with asymmetries and uneven development, the heterogeneity in Europe has been an often largely neglected dimension of analysis. However, this recent crisis has shown that this is an essential dimension which has to be addressed in order to better understand the dynamics of European development and integration. Hence, this book aims to deal with asymmetries in Europe and to bridge the gap between the two perspectives. This work will initiate an integrative debate that is crucial for a deeper understanding of the current crisis and is an important resource for all students and scholars of IPE, European political economy and European politics.

Author : Martin Sandbu
Publisher : Princeton University Press
Page : 344 pages
File Size : 54,6 Mb
Release : 2017-03-14
Category : Business & Economics
ISBN : 9781400885510

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Europe's Orphan by Martin Sandbu Pdf

A timely account of the Euro crisis that challenges our assumptions about debt and economic recovery Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe's Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro’s creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous—and risks sending the continent into further political paralysis and economic stagnation. Contending that the euro has been wrongfully scapegoated for the eurozone’s troubles, Europe’s Orphan charts what actually must be done for the continent to achieve an economic and political recovery. This revised edition contains a new preface addressing the economic and political implications of Brexit, as well as updated text throughout. Europe’s Orphan charts what actually must be done for the continent to achieve a full recovery.