In the aftermath of the financial crisis, governments in the western world resumed policy instruments from the immediate post-war period´s mixed economies. These instruments had all been abandoned in the liberalizing market economies of the last decades. How do we interpret these developments...

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...