The Euro Crisis (International Papers in Political Economy)

A detailed and informed analysis of the current crisis facing the eurozone, examining the root causes and exploring the possible outcomes and uncertain future of the European Union and its currency. Chapters include case studies of Portugal, Ireland, Spain and Greece, as well as broader comparative perspectives. The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This eighth volume focuses on the financial crisis currently gripping the eurozone, examining the root causes and outcomes and the uncertain future of the euro. The volume provides an overview of the crisis and its possible solutions, with a sharp focus on debt sustainability. Individual countries are also analysed in great depth, with four more detailed studies of the economic climate in Portugal, Ireland, Spain and Greece, exploring the implications of the crisis for economic policies of these countries The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This eighth volume focuses on the financial crisis currently gripping the eurozone, examining the root causes and outcomes and the uncertain future of the euro. The volume provides an overview of the crisis and its possible solutions, with a sharp focus on debt sustainability. Individual countries are also analyzed in great depth, with four more detailed studies of the economic climate in Portugal, Ireland, Spain and Greece, exploring the implications of the crisis for economic policies of these countries Front Matter....Pages i-xv Can the Euro Survive after the European Crisis?....Pages 1-34 The European Financial and Economic Crisis: Alternative Solutions from a (Post-)Keynesian Perspective....Pages 35-78 Debt Sustainability Revisited....Pages 79-118 Greece’s Sudden Faltering Economy: From Boom to Bust With Special Reference to the Debt Problem....Pages 119-158 The Irish Tragedy....Pages 159-194 Portugal’s Best Way out of Economic Stagnation: Institutional Reform of the Eurozone....Pages 195-234 The Economic Crisis in Spain: Contagion Effects and Distinctive Factors....Pages 235-268 Back Matter....Pages 269-276