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The Segmentation of Europe

Convergence or Divergence between Core and Periphery?

Palgrave Macmillan
  • A critical appraisal of economic thinking in relation to regional trade agreements and monetary integration

  • Addresses issues of a liquidity trap, deflation, the twin deficit issue, together with the interconnection between exchange rates and current account balances

  • Explores economic developments across Europe in relation to its apparent segmentation as disparities widen between core and periphery countries

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xiv
  2. Segmentation Across Europe

    • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
    Pages 1-33
  3. Erratum to: The Segmentation of Europe

    • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
    Pages E1-E1
  4. The Economics of Integration and Policy

    1. Front Matter

      Pages 35-35
    2. Theoretical Foundations of European Economic Integration

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 37-63
    3. Theoretical Foundations and Policy Responses of Contemporary Economic Crises

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 65-93
    4. International Monetary Systems in Historical Perspective

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 95-115
  5. Eurozone Core and Periphery Dilemmas

    1. Front Matter

      Pages 117-117
    2. The Eurozone Crisis: Current Account Imbalances, Budget Deficits and National Debt

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 119-140
    3. The Relationship Between Current Account and Budget Deficits: Evidence from the Eurozone

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 141-163
    4. The Relationship Between the Real Exchange Rate and Current Account Imbalances in the Eurozone

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 165-194
  6. European Core and Periphery Dilemmas

    1. Front Matter

      Pages 195-195
    2. The Political Economy of EU Trade Policy: Energy and Agricultural Trade with Russia

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 197-224
    3. Alternative UK Trade Relationships Post-Brexit

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 225-250
    4. Changing Tides: Geopolitics and Global Trade Blocs

      • Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
      Pages 251-267
  7. Back Matter

    Pages 269-300

About this book

This book explores economic developments across Europe in relation to its apparent segmentation, as disparities widen between core and periphery countries. In contrast to previous literature, the scope of analysis is extended to Europe as a continent rather than confining it solely to the European Union, thereby providing the reader with greater insight into the core/periphery nexus. The authors commence with a critical appraisal of economic thinking in relation to regional trade agreements and monetary integration. In relation to a number of EU economies, the book addresses issues of a liquidity trap, deflation, and twin deficits, together with the interconnection between exchange rates and current account balances. Importantly, they extend the discussion of segmentation through a series of focused case studies on Russia, Brexit and emergence of the mega-regionals.

Authors and Affiliations

  • School of Management University of Bradford, Bradford, United Kingdom

    Mark Baimbridge

  • Plymouth Business School University of Plymouth, Plymouth, United Kingdom

    Ioannis Litsios

  • Westminster Business School University of Westminster, London, United Kingdom

    Karen Jackson

  • Department of Economics and Related Studies, University of York, York, United Kingdom

    Uih Ran Lee

About the authors

Mark Baimbridge is Senior Lecturer in Economics at the University of Bradford, UK. His main research area is the economics of European integration.

Ioannis Litsios is Lecturer in Economics at the University of Bradford, UK. His teaching and research interests focus on Dynamic Macroeconomics and International Finance. 

Karen Jackson is Senior Lecturer in Economics at the University of Bradford, UK. Her teaching and research interests focus on microeconomics with a focus on international trade. 

Uih Ran Lee is Lecturer in Economics at the University of Bradford, UK. Her research interests lie in International Economics, Conflict Economics and Applied Econometrics. 


Bibliographic Information

  • Book Title: The Segmentation of Europe

  • Book Subtitle: Convergence or Divergence between Core and Periphery?

  • Authors: Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee

  • DOI: https://doi.org/10.1057/978-1-137-59013-8

  • Publisher: Palgrave Macmillan London

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017, corrected publication March 2018. 2017

  • Hardcover ISBN: 978-1-137-59012-1Published: 21 November 2017

  • eBook ISBN: 978-1-137-59013-8Published: 11 November 2017

  • Edition Number: 1

  • Number of Pages: XIV, 300

  • Number of Illustrations: 13 b/w illustrations, 18 illustrations in colour

  • Topics: European Integration, European Union Politics, European Economics, Economic Policy, Social Policy

Buy it now

Buying options

eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 129.99
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