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The politics of bad options : why the Eurozone's problems have been so hard to resolve / Stefanie Walter, Ari Ray, and Nils Redeker.

By: Walter, Stefanie [author.]Contributor(s): Ray, Ari [author.] | Redeker, Nils [author.]Series: Oxford scholarship online: Publisher: Oxford : Oxford University Press, 2020Edition: First editionDescription: 1 online resource (320 pages) : illustrations (black and white)Content type: text | still image Media type: computer Carrier type: online resourceISBN: 9780191890123Subject(s): Financial crises -- Political aspects -- European Union countries -- History -- 21st century | Eurozone -- History -- 21st century | Global Financial Crisis, 2008-2009 | Economics | EconomicsAdditional Physical Form: Print version : 9780198857013DDC classification: 330.940561 LOC classification: HB3782.8Online resources: Oxford scholarship online Summary: Why was the Eurozone crisis so difficult to resolve? Why was it resolved in a manner in which some countries bore a much larger share of the pain than other countries? Why did no country leave the Eurozone rather than implement unprecedented austerity? Who supported and opposed the different policy options in the crisis domestically, and how did the distributive struggles among these groups shape crisis politics? Building on macro-level statistical data, original survey data from interest groups, and qualitative comparative case studies, this book argues and shows that the answers to these questions revolve around distributive struggles about how the costs of the Eurozone crisis should be divided among countries, and within countries, among different socioeconomic groups.
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ebook House of Lords Library - Palace Online access 1 Available

This edition also issued in print: 2020.

Includes bibliographical references and index.

Why was the Eurozone crisis so difficult to resolve? Why was it resolved in a manner in which some countries bore a much larger share of the pain than other countries? Why did no country leave the Eurozone rather than implement unprecedented austerity? Who supported and opposed the different policy options in the crisis domestically, and how did the distributive struggles among these groups shape crisis politics? Building on macro-level statistical data, original survey data from interest groups, and qualitative comparative case studies, this book argues and shows that the answers to these questions revolve around distributive struggles about how the costs of the Eurozone crisis should be divided among countries, and within countries, among different socioeconomic groups.

Specialized.

Description based on online resource; title from home page (viewed on November 4, 2020).

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