The Eurozone Crisis and the Future of Europe: The Political Economy of Further Integration and Governance

Front Matter....Pages i-xiii
Introduction....Pages 1-8
Overview: Analytics of the Euro Area Crisis....Pages 9-22
Front Matter....Pages 23-23
The Diversity of Debt Crises in Europe....Pages 25-39
European Sovereign Debt Crisis and the Euro....Pages 40-59
Economic Policies and the Debt/ GDP Constraint: The European Challenge....Pages 60-82
Current Account Imbalances in the Eurozone: Causes, Remedies and the Role of the ECB....Pages 83-105
Front Matter....Pages 107-107
The Euro Crisis and German Primacy....Pages 109-125
The Power of Ordoliberalism in the Eurozone Crisis Management....Pages 126-137
Italy and the Euro....Pages 138-153
Turning a Small Problem into Catastrophe: The Case of Greece....Pages 154-169
The Eurozone Crisis: A Perspective from and Impact on Asia....Pages 170-188
Front Matter....Pages 189-189
The EMU Is No One-Way-Street: Back to the Roots!....Pages 191-212
Changing Welfare States and the Euro Crisis....Pages 213-238
The Long-term Implications of the Euro Crisis for European Integration: A Deeper Union or Fragmentation?....Pages 239-258
The Euro Area: Repairing a Flawed Design and Its Policy Arrangements....Pages 259-278
Afterword Summing Up: The Crisis and Europe’s Future....Pages 279-299
Back Matter....Pages 301-310