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  • © 2021

Fiscal Consolidation in the Euro Crisis

Politico-economic and Institutional Causes

Authors:

  • Sheds new light on the far-reaching austerity plans of European governments

  • Provides empirical analyses of intra-European Monetary Union heterogeneity and austerity

  • Analyzes the economic and political context of economic adjustment packages during the Euro crisis

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-xiv
  2. Introduction

    • Kai Guthmann
    Pages 1-20
  3. Fiscal Adjustment in Europe

    • Kai Guthmann
    Pages 21-53
  4. Conclusion

    • Kai Guthmann
    Pages 153-161
  5. Back Matter

    Pages 163-192

About this book

This book sheds new light on if and why, between 2009 and 2015, European governments succeeded or failed in initiating and actually realizing some of the farthest-reaching austerity plans in modern history. The author analyzes the economic and political context and the underlying causes of austerity and economic adjustment packages during the Euro crisis. In doing so, he shows that austerity has its roots in an institutional mismatch between capitalist diversity in the Eurozone on the one hand, and an ill-conceived common economic regime on the other. In this context, austerity trumped politics, and even democracy itself. The book will appeal to scholars of political science and comparative political economy, as well as governmental policymakers and practitioners in the finance sector.

Authors and Affiliations

  • Bern, Switzerland

    Kai Guthmann

About the author

Kai Guthmann is an independent scholar of comparative political economy and European studies, and an entrepreneur based in Bern, Switzerland. In 2018 he received his doctorate in Political Science from the University of Bern. He has also studied at the University of Konstanz, Rutgers University, and Princeton University, and holds an MA in Politics and Public Administration (Konstanz) and a Master of Public Affairs and Politics (Rutgers).

Bibliographic Information

Buy it now

Buying options

eBook USD 89.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 119.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 119.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access