publication . Doctoral thesis . 2016

The Political Economy of Transpositions: A Study of the Eurozone Crisis

Engel, Sascha;
Open Access
  • Published: 16 Mar 2016
  • Publisher: Virginia Tech
  • Country: United States
Abstract
This study offers a reinterpretation of the so-called Eurozone crisis, arguing that its crisis character is overstated and that it is rather a normal stage in the process of European banking sector integration. Particularly, I maintain that it is neither a sovereign debt crisis caused by profligate peripheral governments, nor a crisis of the Eurozone's common monetary policy. Nor, however, are the Eurozone's low growth, high unemployment, and economic and political instability deliberate policies, whether by German or Greek governments, European institutions, or the European banking circuitry. Rather, I trace the Eurozone's low growth and high unemployment back ...
Subjects
free text keywords: austerity, crisis discourse, Eurozone crisis, Greek debt crisis, methodological nationalism, sovereign debt, transposition
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Doctoral thesis . 2016
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