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This book provides a new understanding of the eurozone crisis
across three of the worst hit cases: Greece, Portugal, and Ireland.
In contrast to accounts which stress the 'immaturity' of the
European 'periphery', as well as more critical narratives that
understand these countries as victims of German and core 'economic
domination', this book recognises that individual peripheral
countries have followed dramatically different paths to crisis,
making it difficult to speak of the eurozone crisis as a single
phenomenon. Bringing literature from Comparative Political Economy
into dialogue with scholarship on Europeanisation, this book
contributes the concept of 'divergence via Europeanisation'. It
explores the much-overlooked ways in which the negotiation of a
'one size fits all' project of European financial integration has
been generative of precarious patterns of economic growth across
Greece, Portugal, and Ireland. The book shows that far from their
failure or inability to do so, it has been the European periphery's
attempt to 'follow the rules' of European integration that explains
their current difficulties. This novel understanding of the
eurozone crisis should appeal to students and scholars in
International Political Economy, European and European Union
Studies, Comparative Political Economy, Irish Politics, Greek
Politics, and Portuguese Politics.
This book provides a new understanding of the eurozone crisis
across three of the worst hit cases: Greece, Portugal, and Ireland.
In contrast to accounts which stress the 'immaturity' of the
European 'periphery', as well as more critical narratives that
understand these countries as victims of German and core 'economic
domination', this book recognises that individual peripheral
countries have followed dramatically different paths to crisis,
making it difficult to speak of the eurozone crisis as a single
phenomenon. Bringing literature from Comparative Political Economy
into dialogue with scholarship on Europeanisation, this book
contributes the concept of 'divergence via Europeanisation'. It
explores the much-overlooked ways in which the negotiation of a
'one size fits all' project of European financial integration has
been generative of precarious patterns of economic growth across
Greece, Portugal, and Ireland. The book shows that far from their
failure or inability to do so, it has been the European periphery's
attempt to 'follow the rules' of European integration that explains
their current difficulties. This novel understanding of the
eurozone crisis should appeal to students and scholars in
International Political Economy, European and European Union
Studies, Comparative Political Economy, Irish Politics, Greek
Politics, and Portuguese Politics.
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