Fiscal Consolidation in the Euro Crisis [electronic resource] : Politico-economic and Institutional Causes / by Kai Guthmann.

Erişim Adresi
ISBN
9783030577681
Dil Kodu
İngilizce
Yer Numarası
DK/18014
Basım Bildirimi
1st ed. 2021.
Yayın Bilgisi
Cham : Springer International Publishing : Imprint: Springer, 2021.
Fiziksel Niteleme
XIV, 192 p. 13 illus., 1 illus. in color. online resource.
İçindekiler Notu
Introduction -- Fiscal Adjustment in Europe -- Theoretical Framework: Austerity's Institutional Origins -- Empirical Analysis: Intra-EMU Heterogeneity & Austerity -- Adjustment by Force: The Realization of Austerity -- Conclusion.
Özet, vb.
This book sheds new light on if and why, between 2009 and 2015, European governments succeeded or failed in initiating and actually realizing some of the farthest-reaching austerity plans in modern history. The author analyzes the economic and political context and the underlying causes of austerity and economic adjustment packages during the Euro crisis. In doing so, he shows that austerity has its roots in an institutional mismatch between capitalist diversity in the Eurozone on the one hand, and an ill-conceived common economic regime on the other. In this context, austerity trumped politics, and even democracy itself. The book will appeal to scholars of political science and comparative political economy, as well as governmental policymakers and practitioners in the finance sector.
Konu
Europe __ Politics and government.
International economic relations.
Finance, Public.
Macroeconomics.
Finance.
History.
European Politics.
International Political Economy’.
Public Finance.
Macroeconomics and Monetary Economics.
Financial History.