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  • © 2013

European Economics and Politics in the Midst of the Crisis

From the Outbreak of the Crisis to the Fragmented European Federation

  • Extremely timely, with special emphasis on the current Euro debt crisis

  • Complete overview of EU economics and politics from the formation of the EU up to the present

  • Analyses the interdependency between the economic crisis and current institutional changes in the EU

  • Includes supplementary material: sn.pub/extras

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Table of contents (18 chapters)

  1. Front Matter

    Pages i-viii
  2. Introduction

    • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
    Pages 1-3
  3. The European Crisis

    1. Front Matter

      Pages 5-5
    2. The Evolution and the Current Status of the European Financial Crisis

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 7-20
    3. The Great European Recession

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 21-32
  4. The Structural Elements of the Crisis

    1. Front Matter

      Pages 33-33
    2. The European Suboptimal and Segment Areas

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 35-42
    3. European Stock Asymmetries

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 43-52
    4. European Flow Imbalances

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 53-64
    5. Culture, Institutions and Politics as Crisis Generators

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 65-77
  5. The Policy Response

    1. Front Matter

      Pages 79-79
    2. The Growth Lag and Strategic Choices

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 81-95
    3. Fiscal Policy and Consolidation

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 97-117
    4. The Supply Side Policies

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 119-131
    5. Monetary Policy

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 133-143
    6. The Policy of the European Central Bank

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 145-158
    7. Restoration of the Banking System and the Banking Deleveraging Process

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 159-175
    8. The Role of the IMF in the European Evolution

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 177-190
  6. The Political Economy of European Synthesis and the Medium Future

    1. Front Matter

      Pages 191-191
    2. Debates and Choices

      • Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
      Pages 193-202

About this book

This book presents an overview of the economics and politics implemented in the European Union and especially the Eurozone during the crisis of 2008-2012. Although it focuses on these four years, the analysis starts from the establishment of the European Union and covers the period up to the outbreak of the Cypriot banking crisis in mid-2013. The long-term creation of structural changes in European economics and politics is associated with a growth lag within the global economic environment dynamics. The economic and political consequences of the crisis and the development of new institutions will shape the future growth dynamics towards a Fragmented European Federation.

Authors and Affiliations

  • Department of Economics, University of Athens, Athens, Greece

    Panagiotis E. Petrakis

  • University of Athens, Athens, Greece

    Pantelis C. Kostis, Dionysis G. Valsamis

About the authors

P.E. Petrakis is professor of economics at the University of Athens, Department of Economics. His main fields of interest are economic growth, entrepreneurship and economic policy.

P.C. Kostis is a PhD candidate at the University of Athens, Department of Economics. His main fields of interests are economic policies in bail-out programs, growth and entrepreneurship.

D.G. Valsamis is a researcher at the University of Athens, Department of Economics. His main fields of interest are economic growth, cultural economics and economic policies in Europe.

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access