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Financial Crisis Management and Democracy

Financial Crisis Management and Democracy PDF Author: Bettina De Souza Guilherme
Publisher: Springer Nature
ISBN: 3030548953
Category : Business & Economics
Languages : en
Pages : 372

Book Description
This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.

Financial Crisis Management and Democracy

Financial Crisis Management and Democracy PDF Author: Bettina De Souza Guilherme
Publisher: Springer Nature
ISBN: 3030548953
Category : Business & Economics
Languages : en
Pages : 372

Book Description
This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.

The Contemporary Crisis of the European Union

The Contemporary Crisis of the European Union PDF Author: Ivan T. Berend
Publisher: Taylor & Francis
ISBN: 1351998242
Category : Business & Economics
Languages : en
Pages : 177

Book Description
For the first time, after more than half a century, some countries were almost forced to step out of the Union. History’s most frightening migration crisis shocked Europe and led to the strengthening of several anti-integration parties in various countries. This pioneering book discusses the nine crisis elements that may lead to disintegration of the EU. Beginning with the Greek Debt disaster this book delves into the cause of the recent European crisis and then onto the recent immigration influx and its consequences, as well as the possibility of Britain’s exit from the Union. A concluding chapter, based on the facts of positive development during the crises years, gives a cautiously optimistic forecast for the future.

National Political Elites, European Integration and the Eurozone Crisis

National Political Elites, European Integration and the Eurozone Crisis PDF Author: Nicolò Conti
Publisher: Routledge
ISBN: 1351064819
Category : Political Science
Languages : en
Pages : 228

Book Description
The global financial, economic and sovereign debt crisis since 2008 has led to increases in political disaffection among citizens, a loss of legitimacy of political institutions, the discredit of mainstream parties and the rise of extremist or anti-system political alternatives. This comparative volume sheds greater light on this critical juncture in the recent history of the European Union (EU) by focusing on the evolution of attitudes of national political elites. It examines whether the crisis has affected the legitimacy of the EU integration project as perceived by national political elites and, consequently, if the elite consensus that constituted one of the most solid fundamentals supporting that project has been eroded. Analysing these changes across the different dimensions in which support for the EU is organized and its relationship with the evolution of support towards European integration among citizens in member states, the book addresses a basic question: How have these events affected the perceptions of the EU of national political elites? Ultimately, it sheds light on the evolution of the relationship between the perception of the EU and the national contexts, as well as the likely evolution of the project of European integration in the near future. This book will be of key interest to scholars and students of political elites, EU politics, European integration, political parties, and more broadly to comparative politics, European studies and sociology.

Greek Tragedy, European Odyssey: The Politics and Economics of the Eurozone Crisis

Greek Tragedy, European Odyssey: The Politics and Economics of the Eurozone Crisis PDF Author: Robert Godby
Publisher: Verlag Barbara Budrich
ISBN: 3847404318
Category : Political Science
Languages : en
Pages : 212

Book Description
Debate among politicians and academics alike vacillates as to whether the euro is the crowning achievement of a half-century of European integration efforts, or now constitutes a force that threatens to drive European Union member states apart. This book introduces both the political and economic forces at play in the eurozone crisis that have shaped this debate and changed the face of European integration.

Crisis in the European Monetary Union

Crisis in the European Monetary Union PDF Author: Giuseppe Celi
Publisher: Routledge
ISBN: 1134867530
Category : Business & Economics
Languages : en
Pages : 298

Book Description
After decades of economic integration and EU enlargement, the economic geography of Europe has shifted, with new peripheries emerging and the core showing signs of fragmentation. This book examines the paths of the core and peripheral countries, with a focus on their diverse productive capabilities and their interdependence. Crisis in the European Monetary Union: A Core-Periphery Perspective provides a new framework for analysing the economic crisis that has shaken the Eurozone countries. Its analysis goes beyond the short-term, to study the medium and long-term relations between ‘core’ countries (particularly Germany) and Southern European ‘peripheral’ countries. The authors argue that long-term sustainability means assigning the state a key role in guiding investment, which in turn implies industrial policies geared towards diversifying, innovating and strengthening the economic structures of peripheral countries to help them thrive. Offering a fresh angle on the European crisis, this volume will appeal to students, academics and policymakers interested in the past, present and future construction of Europe.

The European Union in Crisis

The European Union in Crisis PDF Author: Desmond Dinan
Publisher: Bloomsbury Publishing
ISBN: 1350312738
Category : Political Science
Languages : en
Pages : 418

Book Description
The European Union (EU) is in crisis. The crisis extends beyond Brexit, the fluctuating fortunes of the eurozone and the challenge of mass migration. It cuts to the core of the EU itself. Trust is eroding; power is shifting; politics are toxic; disillusionment is widespread; and solidarity has frayed. In this major new text leading academics come together to unpack all dimensions of the EU in crisis, and to analyse its implications for the EU, its member states and the ongoing study of European integration.

The European Integration Crisis

The European Integration Crisis PDF Author: Marek Loužek
Publisher:
ISBN: 9781527596955
Category :
Languages : en
Pages : 0

Book Description
European integration is not a priori positive or negative: it results from the interaction between various interests. During the past few years, however, it has been impossible to ignore increasingly strident claims that the European Union is in the midst of a crisis. According to this perspective, European institutions do not function well, democracy in the Union is flawed, eurozone problems have reached a critical point, and inward migration, which European institutions seem incapable of handling, is escalating. This book demonstrates that public choice theory can be a suitable analytical tool to examine the European integration process. It is based on the assumption that consumers, politicians and even nations are similarly concerned with their own interests (economic, political, and so on). Public choice theory enables us to 'de-idealize' the European integration process and see the interests of individual actors in the process more realistically. European integration does not occur because the actors are altruistic; rather, it comes about due to their rational pursuit of individual or group self-interests. European integration and other forms of globalization are not irreversible. For every action, there is an equal and opposite reaction. It remains a possibility that, after several decades of European integration, we are now entering an era of disintegration. This book will serve as a source of edification for academics, politicians, students, and experts, as well as the general public. It is designed to capture the interest of both graduate and postgraduate students of economics, political science and international relations.

The Economics and Politics of European Integration

The Economics and Politics of European Integration PDF Author: Ivan T. Berend
Publisher: Routledge
ISBN: 1000327175
Category : Business & Economics
Languages : en
Pages : 255

Book Description
The Economics and Politics of European Integration offers a comprehensive history of European integration, from the conceptualization of a United States of Europe, to the present day. The special role of the United States in this process of integration, and the expansion and evolution of the European Union, is critically analyzed. The book also thoroughly discusses the current view of the EU and the complex crises emerging from the COVID-19 pandemic. While the book focuses primarily on Europe, the role of other countries is also examined. The rise of hostile enemies from Turkey, Russia, the US and China is explored, and the history and outcome of Brexit also receives unique focus. Maps are used throughout to clearly depict the enlargement process. This illuminating text will be valuable reading for students and researchers across international economics, economic history, political economy and European studies.

The State of the European Union

The State of the European Union PDF Author: Stefanie Wöhl
Publisher: Springer
ISBN: 365825419X
Category : Political Science
Languages : en
Pages : 278

Book Description
Against the backdrop of combating the financial and economic crisis in the European Union for the past decade, this volume strives to explore the manifold impacts the prevailing crisis management has on the further alignment of European Integration. The efforts targeted at overcoming the financial and economic crisis evoked far-reaching consequences on the societal, economic, and political level within European member states, which in turn challenge the institutional alignment, democratic legitimacy and economic coherence of the European Union. Taking into account current developments in the EU, the contributions presented in this volume focus on the ‘fault lines’ in the integration process, i.e. questions of policy coherence, democratic accountability, financialization, militarization, migration, gendered social and economic asymmetries as well as the rise of populist and extreme right-wing parties. The volume focuses on how these different developments come together by relating aspects of transdisciplinary research to uncover the fault lines in the European integration project in the subsequent chapters. ContentEconomic and Democratic Governance • Right Wing Populism and Right Extreme Parties • Financialization and Militarization • Social Exclusion, Welfare and Migration Policies EditorsProf. (FH) Dr. Stefanie Wöhl, University of Applied Sciences BFI Vienna. Prof. (FH) Dr. Elisabeth Springler, University of Applied Sciences BFI Vienna. Mag. Martin Pachel, University of Applied Sciences BFI Vienna. Dr. Bernhard Zeilinger, University of Applied Sciences BFI Vienna.

Crisis and Institutional Change in Regional Integration

Crisis and Institutional Change in Regional Integration PDF Author: Sabine Saurugger
Publisher: Routledge
ISBN: 1317359658
Category : Political Science
Languages : en
Pages : 373

Book Description
Comparative regional integration has met with increasing interest over the last twenty years with the emergence or reinforcing of new regional dynamics in the EU, NAFTA, MERCOSUR and ASEAN. This volume systematically and comparatively analyses the reasons for regional integration and stalemate in European, Latin American and Asian regional integration. It examines whether regional integration systems change in crisis periods, or more precisely in periods of economic crises, and why they change in different directions. Based on a neo-institutionalist research framework and rigorously comparative research design, the individual chapters analyse why financial and economic crises lead to more or less integrated systems and which factors lead to these institutional changes. Specifically it addresses institutional change in regional integration schemes, power relations between member states and the institutions in different policy domains, and change in individual or collective citizens’ attitudes towards regional integration. Adopting an actor-centred approach, the book highlights which regional integration schemes are influenced by economic and financial crises and how to explain this. This text will be of key interest to scholars, students and policy specialists in regional integration, European Politics, International Relations, and Latin American and Asian studies.