Introduction -- Katzenstein's world -- 1994-2001: the age of employment miracles -- 2001-2008: European integration intensifies -- Beyond 2008: coping with the crisis -- Unpacking Ireland's polity from a new institutionalist perspective -- Conclusions

We scrutinize the role of capital flows in competitiveness in a set of seven euro-area member countries (Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A specific focus is on Greece. The paper extends the seminal...