Abstract
This chapter acts as an introduction to how both European development and the current crisis have evolved. The significant differences within Europe – at economic, political and social levels – reflect the different experiences of the peoples of Europe’s past with those of its present and future. Current European developments are shaped to a great extent by major decisions made during critical debates. For this reason, the role of social model traits, or of the elements of the social models that are dominant, is of particular importance. The chapter presents the political economy approach to the crisis and the role played by ideas and culture in its evolution. It discusses the most important social debates that dominate in European evolution and analyzes the social model controversy.
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Petrakis, P.E., Kostis, P.C., Valsamis, D.G. (2013). Debates and Choices. In: European Economics and Politics in the Midst of the Crisis. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-41344-5_15
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DOI: https://doi.org/10.1007/978-3-642-41344-5_15
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