Asymmetric Crisis in Europe and Possible Futures

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Asymmetric Crisis
Category=JP
Category=JPSN
Category=KCP
Category=KF
CPE
CPE Approach
crisis management policy
Critical Political Economy Perspective
Current Account Surplus Countries
Dg ECFIN
economic governance
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
EU Crisis
EU Crisis Management
EU Policy Regime
Euro Area
European Crisis Management
european financial crisis
european integration
European macroeconomics
European Transnational Capitalist Class
eurozone
Eurozone Member Countries
Federal Reserve
Financial crisis
financial regulation
Financial Services Action Plan
Gdp Growth Rate
German Big Business
Hans Kundnani
heterodox economics
International Banks
Keynesian
Macroeconomic Imbalance Procedure
monetary union failure
Nominal Unit Labour Costs
Pk Perspective
post-Keynesian
post-Keynesian political economy analysis
Southern Eurozone Countries
uneven development Europe
Vice Versa

Product details

  • ISBN 9781138239463
  • Weight: 408g
  • Dimensions: 156 x 234mm
  • Publication Date: 26 Oct 2016
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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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.

Johannes Jäger is Professor at the University of APplied Sciences, BFI, Vienna. Elisabeth Springler is the Programme Director at the University of APplied Sciences, BFI, Vienna.