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The Effects of the Eurozone Sovereign Debt Crisis - Differentiated Integration between the Centre and the New Peripheries of the EU (Paperback)
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The Effects of the Eurozone Sovereign Debt Crisis - Differentiated Integration between the Centre and the New Peripheries of the EU (Paperback)
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The book analyses the emerging centre-periphery divisions within
the European Union which result from the unprecedented conditions
created by the 2008-09 global financial crisis and the subsequent
Eurozone sovereign debt crisis. The multiple layers of policy
coordination which emerged in response to the crisis have initiated
a process by which the EU is increasingly divided in terms of the
level of vertical integration between the Eurozone core group and
differentiated peripheries amongst the outsiders. At the same time
the sovereign debt crisis has created a periphery of predominantly
Southern European countries within the Eurozone that became
dependent on external financial support from the other member
states. The contributions in this book critically examine various
aspects of the emerging internal post-crisis constellation of the
EU. The main focus lies on national and supranational governance
issues, national dynamics and dynamics in the Eurozone core as well
as in the periphery. This book was originally published as a
special issue of Perspectives on European Politics and Society.
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