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Book
The politics of bad options : why the Eurozone's problems have been so hard to resolve
Authors: --- ---
ISBN: 019189012X 0192599097 0192599100 0198857012 0198857020 Year: 2020 Publisher: New York, NY : Oxford University Press,

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Abstract

Why was the Eurozone crisis so difficult to resolve? Why was it resolved in a manner in which some countries bore a much larger share of the pain than other countries? Why did no country leave the Eurozone rather than implement unprecedented austerity? Who supported and opposed the different policy options in the crisis domestically, and how did the distributive struggles among these groups shape crisis politics? Building on macro-level statistical data, original survey data from interest groups, and qualitative comparative case studies, this book argues and shows that the answers to these questions revolve around distributive struggles about how the costs of the Eurozone crisis should be divided among countries, and within countries, among different socioeconomic groups.


Book
Public Support for the Euro : Essays on Labor Productivity, Monetary Economics, and Political Economy, Vol. 2
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ISBN: 3030860248 303086023X Year: 2022 Publisher: Cham Springer Nature

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The long-term sustainability of the euro and the Economic and Monetary Union (EMU) depends heavily on their ability to attract widespread public support. The public support shown for the euro throughout its first three decades has helped to shield it against populist attempts at the national level to dismantle the common currency. It has granted political legitimacy to the presidents of the European Central Bank to do “whatever it takes” when the euro has faced a crisis. Public Support for the Euro is the second of two Open Access volumes presenting a selection of the author’s essays on Labor Productivity, Monetary Economics, and the Political Economy, which represent the second part of his habilitation in economics. This second volume brings together eleven of the author’s essays, selected with a view to provide an overview of the evolution of his research on public support for and the economics and the political economy of the euro and EMU. .

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