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The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis "What Have We Learned?, "

The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis "What Have We Learned?, "

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  • ISBN:9781138386150
  • Editorial: Routledge
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:246
  • Idiomas:Ingles,Inglés

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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.

Preface

Paul De Grauwe

1. After the Bailout: 10 Years of the Euro Area Crisis

Michele Chang, Federico Steinberg and Francisco Torres

Part I: The European Dimension of the Crisis

2. The Euro Crisis: Its Unresolved Roots and Their Reform Implications

G. Russell Kincaid

3. When Numbers Dont Add Up: Bureaucratic Culture and Conflicts in EU-IMF Programs

Susanne Lütz, Sven Hilgers and Sebastian Schneider

Part II: Country Studies

4. Greece after the Bailouts: Assessment of a Qualified Failure

George Pagoulatos

5. Ireland: Back to a Different Normal

Kevin Cardiff

6. Portugals Adjustment Program: The Run-up to the Sovereign Debt Crisis, Program Design, Implementation and Legacy

Francisco Torres and Miguel Lebre de Freitas

7. Using a Sectoral Bailout to Make Wide Reforms: The Case of Spain

Sebastián Royo and Federico Steinberg

8. Italy: Missed Adjustments and Political Nemesis

Silvia Merler

Part III: National Growth Models and the Political Economy of Adjustment

9. Unity and Diversity? Varieties of Capitalism and After the Euro Crisis

Benedicta Marzinotto

10. Conclusion: The Political Economy of Adjustment

Michele Chang, Federico Steinberg and Francisco Torres

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