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The Political Economy of the Eurozone in Central and Eastern Europe

The Political Economy of the Eurozone in Central and Eastern Europe PDF Author: Krisztina Arató
Publisher: Routledge
ISBN: 042953700X
Category : Political Science
Languages : en
Pages : 252

Book Description
The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.

The Political Economy of the Eurozone in Central and Eastern Europe

The Political Economy of the Eurozone in Central and Eastern Europe PDF Author: Krisztina Arató
Publisher: Routledge
ISBN: 042953700X
Category : Political Science
Languages : en
Pages : 252

Book Description
The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.

Political Economy of Europe

Political Economy of Europe PDF Author: Hardy Hanappi
Publisher:
ISBN: 9780367641887
Category : Europe
Languages : en
Pages : 176

Book Description
"The development of European unification has reached a critical stage. Despite 75 years of peace, increases in welfare, and growth since World War II, there is now a growing scepticism of the European agenda from various quarters, most notably embodied in the exit of the United Kingdom from the European Union. To fully understand the dynamics at work, this book presents an introduction to the development of the political economy of Europe from 1900 to 2020. The first part of the book provides an overview of European economic and political history from 1900 to the present. It is clear from this history that Europe's population, and most notably its leaders, have been deeply influenced by ideology during this time. This sets the context for the second part of the book which takes a closer look at some major paradigms framing European dynamics: (1) the market-oriented paradigm, (2) Marx's paradigm, (3) the Fascist paradigm. In this part the essential core of each of these paradigms is presented and critiqued. In the third part, the current bottlenecks of European evolution (the migration crisis, Brexit, rise of new Fascism, the climate crisis, the COVID-19 pandemic) are investigated in the light of a possible emergence of a new scientific paradigm. Europe's role in the global division of labour - its possibility to serve as a role model for the advantages of democratically governing a highly diverse set of populations - is also explained. This book is an ideal text for students undertaking courses on the political economy of Europe in either economics or politics departments. Hardy Hanappi is ad personam chair for Political Economy at the European Commission and director of the Vienna Institute for Political Economy Research (VIPER), Austria. He is the author of South-East Europe in Evolution (Routledge 2015) and co-editor of Theory and Method of Evolutionary Political Economy (Routledge 2017) and Evolutionary Political Economy in Action (Routledge 2017)"--

The Political Economy of Protest and Patience

The Political Economy of Protest and Patience PDF Author: B‚la Greskovits
Publisher: Central European University Press
ISBN: 9789639116139
Category : Political Science
Languages : en
Pages : 252

Book Description
Dotyczy m. in. Polski.

The Economic Turn

The Economic Turn PDF Author: Steven Kaplan
Publisher: Anthem Press
ISBN: 1783088567
Category : History
Languages : en
Pages : 794

Book Description
The mid-eighteenth century witnessed what might be dubbed an economic turn that resolutely changed the trajectory of world history. The discipline of economics itself emerged amidst this turn, and it is frequently traced back to the work of François Quesnay and his school of Physiocracy. Though lionized by the subsequent historiography of economics, the theoretical postulates and policy consequences of Physiocracy were disastrous at the time, resulting in a veritable subsistence trauma in France. This galvanized relentless and diverse critiques of the doctrine not only in France but also throughout the European world that have, hitherto, been largely neglected by scholars. Though Physiocracy was an integral part of the economic turn, it was rapidly overcome, both theoretically and practically, with durable and important consequences for the history of political economy. The Economic Turn brings together some of the leading historians of that moment to fundamentally recast our understanding of the origins and diverse natures of political economy in the Enlightenment.

Resilient Liberalism in Europe's Political Economy

Resilient Liberalism in Europe's Political Economy PDF Author: Vivien A. Schmidt
Publisher: Cambridge University Press
ISBN: 1107435692
Category : Political Science
Languages : en
Pages : 473

Book Description
Why have neo-liberal economic ideas been so resilient since the 1980s, despite major intellectual challenges, crippling financial and political crises, and failure to deliver on their promises? Why do they repeatedly return, not only to survive but to thrive? This groundbreaking book proposes five lines of analysis to explain the dynamics of both continuity and change in neo-liberal ideas: the flexibility of neo-liberalism's core principles; the gaps between neo-liberal rhetoric and reality; the strength of neo-liberal discourse in debates; the power of interests in the strategic use of ideas; and the force of institutions in the embedding of neo-liberal ideas. The book's highly distinguished group of authors shows how these possible explanations apply across the most important domains - fiscal policy, the role of the state, welfare and labour markets, regulation of competition and financial markets, management of the Euro, and corporate governance - in the European Union and across European countries.

European Political Economy

European Political Economy PDF Author: Dr Leila Simona Talani
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409452328
Category : Political Science
Languages : en
Pages : 313

Book Description
The first part of this book provides an overview of political science approaches to European political economy, both mainstream and critical ones. As such, it contributes directly to the current debate among scholars of political science and international

Asymmetric Crisis in Europe and Possible Futures

Asymmetric Crisis in Europe and Possible Futures PDF Author: Johannes Jäger
Publisher: Routledge
ISBN: 1317652975
Category : Political Science
Languages : en
Pages : 276

Book Description
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.

The Political Economy of European Banking Union

The Political Economy of European Banking Union PDF Author: David J. Howarth
Publisher: Oxford University Press
ISBN: 0198727925
Category : Business & Economics
Languages : en
Pages : 285

Book Description
The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union is also significant because not all European Union (EU) member states have joined, which has increased the trend towards differentiated integration in the EU, posing a major challenge to the EU as a whole and to the opt-out countries. This book is informed by two main empirical questions. Why was Banking Union - presented by proponents as a crucial move to 'complete' Economic and Monetary Union (EMU) - proposed only in 2012, over twenty years after the adoption of the Maastricht Treaty? Why has a certain design for Banking Union been agreed and some elements of this design prioritized over others? A two-step explanation is articulated in this study. First, it explains why euro area member state governments moved to consider Banking Union by building on the concept of the 'financial trilemma', and examining the implications of the single currency for euro area member state banking systems. Second, it explains the design of Banking Union by examining the preferences of member state governments on the core components of Banking Union and developing a comparative political economy analysis focused on the configuration of national banking systems and varying national concern for the moral hazard facing banks and sovereigns created by euro level support mechanisms.

The Political Economy of Middle Class Politics and the Global Crisis in Eastern Europe

The Political Economy of Middle Class Politics and the Global Crisis in Eastern Europe PDF Author: Agnes Gagyi
Publisher: Palgrave Macmillan
ISBN: 9783030769451
Category : Political Science
Languages : en
Pages : 0

Book Description
Contrary to dominant narratives which portray East European politics as a pendulum swing between democracy and authoritarianism, conventionally defined in terms of an ahistorical cultural geography of East vs. West, this book analyzes post-socialist transformation as part of the long downturn of the post-WWII global capitalist cycle. Based on an empirical comparison of two countries with significantly different political regimes throughout the period, Hungary and Romania, this study shows how different constellations of successive late socialist and post-socialist regimes have managed internal and external class relations throughout the same global crisis process, from very similar positions of semi-peripheral, post-socialist systemic integration. Within this context, the book follows the role of social movements since the 1970s, paying attention both to the level of differences between local integration regimes and to the level of structural similarities of global integration. The analysis maintains a special focus on movements’ class composition and inter-class relationships and the specific position of middle-class politics in movements.

European Political Economy: Theoretical Approaches and Policy Issues

European Political Economy: Theoretical Approaches and Policy Issues PDF Author:
Publisher: Oxford University Press
ISBN: 0192846426
Category :
Languages : en
Pages : 389

Book Description