The Political Economy of the Eurozone’s Rollercoaster

The Political Economy of the Eurozone’s Rollercoaster PDF Author: Konstantinos Myrodias
Publisher: Springer Nature
ISBN: 3031421981
Category :
Languages : en
Pages : 231

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Book Description

The Political Economy of the Eurozone’s Rollercoaster

The Political Economy of the Eurozone’s Rollercoaster PDF Author: Konstantinos Myrodias
Publisher: Springer Nature
ISBN: 3031421981
Category :
Languages : en
Pages : 231

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Book Description


The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis

The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis PDF Author: Michele Chang
Publisher: Routledge
ISBN: 0429762496
Category : Political Science
Languages : en
Pages : 272

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Book Description
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.

Europe's Crises

Europe's Crises PDF Author: Manuel Castells
Publisher: John Wiley & Sons
ISBN: 1509524908
Category : Political Science
Languages : en
Pages : 476

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Book Description
Today, the European Union is facing a crisis as serious as anything it has experienced since its origins more than half a century ago. What makes this so serious is that it is not a single crisis but rather multiple crises – the euro crisis, the migration/refugee crisis, Brexit, etc. – that overlap and reinforce one another, creating a cumulative array of challenges that threatens the very survival of the EU. For the first time in its history, there is a real risk that the EU could break up. This volume brings together sociologists, economists and political scientists from around Europe to shed light on how the EU got into this predicament. It argues that the multiple crises that have plagued the European Union in the last decade stem to a large extent from flaws in its construction and that these flaws are consequences of the political processes that led to the formation of the EU – in other words, the decisions that made possible the development of the EU created the conditions for the multiple crises it experiences today. This timely and wide-ranging book on one of the most important issues of our time will be of great interest to students and scholars in the social sciences, to politicians and policy-makers and to anyone concerned with Europe and its future.

Vox Political: Strong Words and Hard Times

Vox Political: Strong Words and Hard Times PDF Author: Mike Sivier
Publisher: Lulu.com
ISBN: 129149314X
Category : History
Languages : en
Pages : 351

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Book Description
Always irreverent, often scathing, Vox Political has been commenting on the UK political scene since late 2011. Strong Words and Hard Times collects the best articles of 2012 into a handy volume, providing guidance and insight into the facts behind the rhetoric - in a way that everyone can understand.

Crisis in the Eurozone Periphery

Crisis in the Eurozone Periphery PDF Author: Owen Parker
Publisher: Springer
ISBN: 3319697218
Category : Political Science
Languages : en
Pages : 225

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Book Description
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.

Modern Political Economics

Modern Political Economics PDF Author: Yanis Varoufakis
Publisher: Routledge
ISBN: 1136814744
Category : Business & Economics
Languages : en
Pages : 543

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Book Description
Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.

The Political Economy of the 2014-2020 Common Agricultural Policy

The Political Economy of the 2014-2020 Common Agricultural Policy PDF Author: Johan F. M. Swinnen
Publisher:
ISBN: 9781783484843
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0

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Book Description
This book is the first to document the reform of the EU's Common Agricultural Policy (CAP) and to analyse the political and economic factors which determined the outcome of the negotiations. The policy (non-)reform will affect the world's global food security and agricultural ...

Rethinking Governance in Europe and Northeast Asia

Rethinking Governance in Europe and Northeast Asia PDF Author: Uwe Wissenbach
Publisher: Routledge
ISBN: 1000707113
Category : Political Science
Languages : en
Pages : 243

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Book Description
This book explores how nationalism and multilateralism transform international society and global governance. It does so by comparing the governance model of the EU – a constitutionalised and increasingly polycentric form of multilateralism – with Northeast Asia. There nationalist administrations have resisted multilateral commitments and are locked into rivalries instead of pursuing a regional project. Both Europe and Northeast Asia can be seen as success stories of the late 20th/ early 21st centuries, but by having followed different approaches to international governance. The book traces these two trajectories through critical junctures in history to how both regions have dealt with the contemporary challenges of the financial crisis and climate change. During the financial crisis, Europe’s multilateral economic and monetary architecture revealed profound weaknesses whilst national policies allowed much of Northeast Asia to escape the worst of it. On climate change the European Union (EU) has developed effort-sharing governance models to reduce emissions, while Northeast Asian countries are relying on greening national industrial policy. The book argues that global governance has to find the balance between multilateralism and nationalism in order to find collaborative approaches to global challenges. This book provides a fresh take on the EU and on Northeast Asia and develops innovative concepts of international society and polycentric governance. Thus, it will be of considerable interest to researchers and students of global governance, international relations, EU and Asia Studies.

The Political Economy of Hungary

The Political Economy of Hungary PDF Author: Adam Fabry
Publisher: Palgrave Pivot
ISBN: 9783030105938
Category : Political Science
Languages : en
Pages : 0

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Book Description
This book explores the political economy of Hungary from the mid-1970s to the present. Widely considered a ‘poster boy’ of neoliberal transformation in post-communist Eastern Europe until the mid-2000s, Hungary has in recent years developed into a model ‘illiberal’ regime. Constitutional checks-and-balances are non-functioning; the independent media, trade unions, and civil society groups are constantly attacked by the authorities; there is widespread intolerance against minorities and refugees; and the governing FIDESZ party, led by Prime Minister Viktor Orbán, controls all public institutions and increasingly large parts of the country’s economy. To make sense of the politico-economical roller coaster that Hungary has experienced in the last four decades, Fabry employs a Marxian political economy approach, emphasising competitive accumulation, class struggle (both between capital and labour, as well as different ‘fractions of capital’), and uneven and combined development. The author analyses the neoliberal transformation of the Hungarian political economy and argues that the drift to authoritarianism under the Orbán regime cannot be explained as a case of Hungarian exceptionalism, but rather represents an outcome of the inherent contradictions of the variety of neoliberalism that emerged in Hungary after 1989.

And Yet it Moves

And Yet it Moves PDF Author: David Miles
Publisher: Geneva Reports on the World Ec
ISBN: 9781912179053
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
Over the last decade, the developed world has been hit by the deepest recession since the Great Depression and a rollercoaster in commodity prices. And yet, core inflation has been both low and fairly stable. A rule of thumb that inflation is always near 2%, though more often than not just a bit below, has been quite reliable. The young, or those with short memories, could be forgiven for looking condescendingly at their older friends who speak of inflation as a major economic problem. But, like Galileo Galilei told his contemporaries who thought the Earth was immovable, "Eppur si muove" ("and yet it moves"). Since most societies regard stable inflation as a goal, it is tempting to describe this solid anchoring of inflation as a great achievement of monetary policy. But what if it was just luck? Will the great anchoring soon lead a great bout of inflation, just as the Great Moderation was followed by the Great Recession? Do we need to change the way in which policy is set to better handle changed circumstances since the financial crash? The 19th Geneva Report on the World Economy starts by analysing outcomes across countries for the last ten years. Inflation is compared with its behaviour in the period before the financial crash to assess the extent to which it really has been stable, what the proximate causes are, and whether it will stay low in future. The report then assesses theories of inflation in light of these facts, and tries to make sense of them. Next, the report turns to the question we posed at the start: was it good policy or good luck that prevented severe deflation and kept inflation relatively steady? A description of what policies were adopted and how they interacted with economic shocks informs the conclusions on appropriate policies--both monetary and fiscal--for the future. The report pays particular attention tothe role of central banks and the extent of their activities.