Drawing on an analysis of austerity reforms in Greece and Portugal during the sovereign debt crisis from 2009 onwards … clientelistic linkages, austerity reforms have been characterised by recurring conflicts and disagreements between the main parties …, as well as a fundamental transformation of the party system. By contrast, in Portugal, where parties relied less on …

Τhe first Eurozone crisis has increased core-periphery imbalances at the EMU, as expected from theory. It was followed …

Despite the historical and political similarities between Portugal and Spain, the contentious responses to austerity … diverged in terms of number, rhythm and players. This book compares the contentious responses to austerity in Portugal and … mobilisation lasted for three years, involving various players and leading to a transformation of the party system, in Portugal …

Taking the sovereign debt crisis in Portugal, Italy, Greece and Spain, as a backdrop to this analysis, the paper claims … in institutional design, together with the unpopularity of emergency measures (usually austerity measures), raises …, austerity measures may be considered as moving in a grey zone of constitutional legality. Out of a large range of responses to …

private debt that was augmented by the imposition of austerity during the crisis. Although evidence exists of a relationship … between (a) the debt buildup and austerity measures and (b) economic growth during the crisis, that same evidence, on closer …–2011 not only caused two recessions but also sparked the sovereign debt crisis—and gave teeth to the austerity programs. Such …