This paper investigates the causes of, and reactions to, the Eurozone crisis, focusing in particular on the institutional foundations of the four Southern European Eurozone countries that have encountered an acute sovereign debt crisis. Applying the basic arguments featured in the Varieties of...

What do the recent trends in German economic development convey about the trajectory of change? Has liberalization prepared the German economy to deal with new challenges? What effects will liberalization have on the coordinating capacities of economic institutions? This paper argues that...

"In the aftermath of the financial crisis, governments in the western world resumed policyinstruments from the immediate post-war period´s mixed economies. These instruments hadall been abandoned in the liberalizing market economies of the last decades. How do weinterpret these developments in...