Hall, Peter A. (2014) Varieties of capitalism and the Euro crisis. West European Politics, 37 (6). pp. 1223-1243. ISSN 0140-2382
Full text not available from this repository.Abstract
This article examines the role played by varieties of capitalism in the euro crisis, considering the origins of the crisis, its progression, and the response to it. Deficiencies in the institutional arrangements governing the single currency are linked to economic doctrines of the 1990s. The roots of the crisis are linked to institutional asymmetries between political economies. Northern European economies equipped to operate export-led growth models suitable for success within a monetary union are joined to southern economies whose demand-led growth models were difficult to operate successfully without the capacity to devalue. The response to a tripartite crisis of confidence, debt, and growth is explained in terms of the interaction of institutions, interests, and ideas, and its importance for the future of European integration is explored.
| Item Type: | Article |
|---|---|
| Official URL: | https://www.tandfonline.com/toc/fwep20/current |
| Additional Information: | © 2014 Informa UK Limited |
| Divisions: | European Institute |
| Subjects: | H Social Sciences > HB Economic Theory |
| Date Deposited: | 07 Mar 2018 09:23 |
| Last Modified: | 24 Apr 2024 17:09 |
| URI: | http://eprints.lse.ac.uk/id/eprint/86985 |
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