The politics of bad options : why the Eurozone's problems have been so hard to resolve /
Stefanie Walter, Ari Ray, and Nils Redeker.
- First edition.
- 1 online resource (320 pages) : illustrations (black and white).
- Oxford scholarship online .
- Oxford scholarship online. .
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.
9780191890123 No price
Financial crises--Political aspects--History--European Union countries--21st century. Eurozone--History--21st century. Global Financial Crisis, 2008-2009. Economics. Economics.