The 2008 financial and economic crisis has had a severe impact on the world economy and
in Europe in particular. The negative consequences of the crisis may be much worse in
Europe than in the US, despite the fact that both the US and the European countries have
been obliged to provide their economies with a substantial fiscal stimulus.
The contributors to this volume examine both the general effects of the crisis on
the European institutional setup, governance and architecture; and conduct more detailed
country studies. They conclude that the various 'crises' hitting the European economy and
polity in the recent years have clearly demonstrated structural problems that will have to
be tackled and solved to avoid permanent crisis.
This book is essential reading for all interested political economy, transition economics
and for those wishing to further understand the implications of the recent financial and
economic crisis in Europe.
DR LEILA SIMONA TALANI is Associate Professor in International and
European Political Economy at King's College London. She was previously a lecturer in
European Politics at the University of Bath and a research fellow and then lecturer at the
European Research Institute of the London School of Economics. In 2001 she spent a year as
Associate Expert on migration issues at the United Nations Office for Drug Control and
Crime Prevention in Cairo Her current research interests focus on globalisation and the
future of the City of London as well as the political economy of migration flows from
southern Mediterranean countries to the EU. She is the author of: The Future of the City
of London (Palgrave), The Global Crash (Palgrave), The Future of EMU (Palgrave), Insiders
and Outsiders (Routledge), From Egypt to Europe (I.B.Tauris), European Political Economy
(Ashgate), Interests or expectations (Ashgate), Between Growth and Stability (EE), The EU
and the Balkans (CSP), After Maastricht (CSP).
POMPEO DELLA POSTA (MA, PhD) Associate Professor in Economics at the
University of Pisa, Italy. He is also external professor at the Stanford Bing Overseas
Studies Program in Florence, where he teaches 'European economic and monetary integration'
and has been Adjunct Professor of International Economics at the Johns Hopkins University
Bologna Center.
Table of Contents
Introduction
Part I: Europe and the financial crisis: general issues:
The Regulation Of The European Financial Market After The Crisis
The monetary policy response to the financial crisis in the Euro area and in the United
States: a comparison
Real divergence across Europe and the limits of the EMU macroeconomic governance
The euro in the international monetary system after the global financial and economic
crisis and after the European public debt crisis.
Europe in crisis: more political integration in the eurozone is the solution.
Economic Crisis and Industrial Policy in the Union: the need for a long-term vision of
industrial development
Part II: the impact of the financial crisis on single european countries:
The UK and the Euro in the aftermath of the global financial crisis
The Greek debt crisis: Causes, policy responses and consequences
from miracle to crash. he impact of the global financial crisis on Spain
France: Steering out of crisis?
The Effects of the Financial Crisis on the Italian and USA Labour Markets
Reaching Out in a Time of Crisis
How External Anchors Assist South Eastern Europe
Russia in crisis: Implications for Europe
Conclusion
304 pages, Hardcover