This critical and thought-provoking book explores the causes and consequences of Europe's failed political and economic institutions. Europe's recession has created new challenges as market turmoil has shaken the foundations of the twin pillars of the new drive for European...

During the current economic crisis recurring questions on the validity of the liberal economic system have resurfaced concerning the role of the state and the free market, the proactive use of fiscal policies, economic nationalism, and environmental sustainability. However, due to the depth and...

Against the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries

This unique and fascinating book illustrates that the 'credit crunch' and the ensuing financial and economic crisis of 2007-2009 did not only strike hard at the economy in the Western world, but also at its policymakers, at economics as a scientific discipline and, more specifically, at the...

This book seeks to gain a better understanding of the paradoxical relationship between the alleged need of European labour markets to become more flexible and the way in which national policies pursue this aim without jeopardising existing high standards of income and employment security....

"Beginning with the 2008 global crisis in the United States, and particularly after the COVID-19 pandemic shook economies around the world, academics, practitioners, and other experts have become increasingly sensitised to the potential for financial and economic fragility to result in a...

Preface -- 1. Financialisation and the financial and economic crises: theoretical framework and empirical analysis for 15 countries / Nina Dodig, Eckhard Hein and Daniel Detzer -- 2. The crisis of finance-led capitalism in the United States / Trevor Evans -- 3. Monetary adjustment and inflation...

Part I -- Introduction -- 1. The crisis in context / Turan Subasat -- 2. Roots of the current economic crisis: capitalism, forms of capitalism, policies, and contingent events / David M. Kotz -- Part II -- Crisis and profitability -- 3. Crisis theory and the falling rate of profit / David Harvey...

Introduction -- 1. The impacts of the 2008 global financial crisis on developing countries: the case of the 15 most affected countries / Hasan Cömert and Esra Nur Uğurlu -- 2. A tale of two worlds? income distribution and the global crisis: observations from the north/south nexus / Serdal...