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Palgrave Macmillan

The Eurozone Crisis and the Future of Europe

The Political Economy of Further Integration and Governance

  • Book
  • © 2014

Overview

Part of the book series: International Political Economy Series (IPES)

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Table of contents (16 chapters)

  1. Introduction

  2. Overview: Analytics of the Euro Area Crisis

  3. Economic Imbalances and the Euro Area Crisis

  4. Crisis Management in the Euro Area: The Interplay between Politics and Economics

  5. The Euro Area: Looking into the Future

Keywords

About this book

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.

Reviews

"As the conventional wisdom goes, the euro crisis resulted from the combination of many factors: the subprime/global financial crisis, real estate bubbles, excessive government deficits, the debts of some countries of the eurozone and so on. This book goes beyond these standard rationales. Instead, it highlights how the loss of competitiveness in Southern countries led to a widely neglected but highly influential phenomenon, namely, a sharp increase in external debt. By analyzing all aspects of the euro crisis, this work raises fundamental questions about the relevance and sustainability of the euro for a group of countries whose competitiveness and unit labour costs vary so widely. This book makes a valuable contribution by offering a unique perspective on efforts to understand the euro crisis." - Serge Rey, University of PAU

"This volume examines the eurozone crisis in depth, from all points of view, and in a scholarly manner (but intelligible also by the layman). A gem is the chapter by the late Jerome Stein on the diversity of debt crises in Europe, based on his NATREX model. I highly recommend this book not only to professionals, but also to the general public of interested persons." - Giancarlo Gandolfo, Accademia Nazionale dei Lincei, Rome, Italy

Editors and Affiliations

  • National School of Political and Administrative Studies, Bucharest, Romania

    Daniel Dăianu

  • University of Bologna, Italy

    Giorgio Basevi, Carlo D’Adda

  • School of International Studies, Jawaharlal Nehru University, India

    Rajeesh Kumar

About the editors

Anton Hemerijck, VU University Amsterdam, The Netherlands Bodo Herzog, Reutlingen-University, Germany Brigitte Young, University of Muenster, Germany Fabian Zuleeg, European Policy Centre, Belgium Francesco Nicoli, European Policy Centre, Belgium Giorgio Basevi, University of Bologna, Italy Jerome L. Stein, Brown University, USA Jonathan Story, INSEAD, France Julius Horvath, Central European University, Hungary Karlhans Sauernheimer, Johannes Gutenberg-University, Germany Kunibert Raffer, University of Vienna, Austria Martin Suster, National Bank of Slovakia, Bratislava Michael R. Blomenhofer, Kroll, Singapore Pradumna B. Rana, Nanyang Technological University, Singapore Radu Vranceanu, ESSEC Business School, Paris, France

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