The Political Economy of the Eurozone in Central and Eastern Europe

The Political Economy of the Eurozone in Central and Eastern Europe

Author: Krisztina Arató

Publisher: Routledge

Published: 2021-06-30

Total Pages: 252

ISBN-13: 042953700X

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The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.


Book Synopsis The Political Economy of the Eurozone in Central and Eastern Europe by : Krisztina Arató

Download or read book The Political Economy of the Eurozone in Central and Eastern Europe written by Krisztina Arató and published by Routledge. This book was released on 2021-06-30 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.

The Political Economy of Transition in Central and Eastern Europe

The Political Economy of Transition in Central and Eastern Europe

Author: Jens Bastian

Publisher: Routledge

Published: 2019-06-04

Total Pages: 161

ISBN-13: 0429797230

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First published in 1998, this volume contributes to the debate after the fall of the Soviet Union on the transition of Eastern European, former Soviet countries to a market economy. The transition was an enterprise as daring in practice and historically unprecedented as it is an analytical laboratory subject to constant reflection. The first two chapters address foreign direct investment in Central and Eastern European countries. The rebuilding of social insurance systems is then addressed, with a focus on state pension schemes. The subsequent two chapters examine the political and demographic features of transition countries, highlighting media reform as a key aspect for the consolidation of a democratic, law-based, market economy and society. Focus then turns to Poland, the country which is considered to display the most progress in the political economy of transition. Finally, the controversial issue of the electoral successes of former Communist parties in Central and Eastern Europe is discussed.


Book Synopsis The Political Economy of Transition in Central and Eastern Europe by : Jens Bastian

Download or read book The Political Economy of Transition in Central and Eastern Europe written by Jens Bastian and published by Routledge. This book was released on 2019-06-04 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume contributes to the debate after the fall of the Soviet Union on the transition of Eastern European, former Soviet countries to a market economy. The transition was an enterprise as daring in practice and historically unprecedented as it is an analytical laboratory subject to constant reflection. The first two chapters address foreign direct investment in Central and Eastern European countries. The rebuilding of social insurance systems is then addressed, with a focus on state pension schemes. The subsequent two chapters examine the political and demographic features of transition countries, highlighting media reform as a key aspect for the consolidation of a democratic, law-based, market economy and society. Focus then turns to Poland, the country which is considered to display the most progress in the political economy of transition. Finally, the controversial issue of the electoral successes of former Communist parties in Central and Eastern Europe is discussed.

The Political Economy of the Eurozone

The Political Economy of the Eurozone

Author: Ivano Cardinale

Publisher: Cambridge University Press

Published: 2017-10-12

Total Pages: 589

ISBN-13: 1107124018

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This book proposes a new way of thinking about the Eurozone, exploring the overlap between its economic and political interdependencies.


Book Synopsis The Political Economy of the Eurozone by : Ivano Cardinale

Download or read book The Political Economy of the Eurozone written by Ivano Cardinale and published by Cambridge University Press. This book was released on 2017-10-12 with total page 589 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a new way of thinking about the Eurozone, exploring the overlap between its economic and political interdependencies.

Deficit and Debt in Transition

Deficit and Debt in Transition

Author: Istvan Benczes

Publisher: Central European University Press

Published: 2014-09-01

Total Pages: 245

ISBN-13: 963386058X

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The adjustment problems of public finance in countries of Central and Eastern Europe (CEE) are often misunderstood and misinterpreted by western scholars. This book contributes to the bridging of the gap between what is being thought by external observers and what the actual public finance reality is, as described by competent local scholars. Popular political economy research has remained biased towards advanced countries and has neglected developing and transition economies. Publications on CEE countries? public finances seem to be reluctant to apply the conceptual framework of standard political economy to these countries because of the assumption that CEE economies are different from their Western peers. But is this really the case? Are CEE economies so much different that none of the well-known ?Western? political economy concepts or models can be applied to the analysis of fiscal performance in the region? Benczes demonstrates that they can be safely applied in the context of CEE economies as well. He sees no need to develop a separate or unique theory designed for the study and understanding of (one-time) transition economies. ÿ


Book Synopsis Deficit and Debt in Transition by : Istvan Benczes

Download or read book Deficit and Debt in Transition written by Istvan Benczes and published by Central European University Press. This book was released on 2014-09-01 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The adjustment problems of public finance in countries of Central and Eastern Europe (CEE) are often misunderstood and misinterpreted by western scholars. This book contributes to the bridging of the gap between what is being thought by external observers and what the actual public finance reality is, as described by competent local scholars. Popular political economy research has remained biased towards advanced countries and has neglected developing and transition economies. Publications on CEE countries? public finances seem to be reluctant to apply the conceptual framework of standard political economy to these countries because of the assumption that CEE economies are different from their Western peers. But is this really the case? Are CEE economies so much different that none of the well-known ?Western? political economy concepts or models can be applied to the analysis of fiscal performance in the region? Benczes demonstrates that they can be safely applied in the context of CEE economies as well. He sees no need to develop a separate or unique theory designed for the study and understanding of (one-time) transition economies. ÿ

The Political Economy of the Eurozone

The Political Economy of the Eurozone

Author: Ivano Cardinale

Publisher: Cambridge University Press

Published: 2017-10-12

Total Pages: 590

ISBN-13: 110818037X

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The Eurozone is not a mere currency area. It is also a unique polity whose actors span multiple levels (supranational, national, regional, sectoral) and pursue overlapping economic and political objectives. Current thinking on the Eurozone relies on received categories that struggle to capture these constitutive features. This book addresses this analytical deficit by proposing a new approach to the political economy of the Eurozone, which captures economic and political interdependencies across different levels of decision making and sheds light on largely unexplored problems. The book explores the opportunities afforded by the structure of the Eurozone, and lays the foundations of a political economy that poses new questions and requires new answers. It provides categories that are firmly grounded in the existing configuration of the Eurozone, but are a precondition for overcoming the status quo in analysis and policy.


Book Synopsis The Political Economy of the Eurozone by : Ivano Cardinale

Download or read book The Political Economy of the Eurozone written by Ivano Cardinale and published by Cambridge University Press. This book was released on 2017-10-12 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Eurozone is not a mere currency area. It is also a unique polity whose actors span multiple levels (supranational, national, regional, sectoral) and pursue overlapping economic and political objectives. Current thinking on the Eurozone relies on received categories that struggle to capture these constitutive features. This book addresses this analytical deficit by proposing a new approach to the political economy of the Eurozone, which captures economic and political interdependencies across different levels of decision making and sheds light on largely unexplored problems. The book explores the opportunities afforded by the structure of the Eurozone, and lays the foundations of a political economy that poses new questions and requires new answers. It provides categories that are firmly grounded in the existing configuration of the Eurozone, but are a precondition for overcoming the status quo in analysis and policy.

The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis

The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis

Author: Michele Chang

Publisher: Routledge

Published: 2019-08-08

Total Pages: 281

ISBN-13: 0429762496

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This volume focuses on the aftermath of the euro crisis and whether the reforms have brought about lasting changes to the economic and political structures of the crisis countries or if the changes were short-term and easily abandoned post-bailout and post-recovery. Starting with an analysis of the state of euro area governance at the onset of the crisis and the ensuing reforms, the book considers structural conditions as well as those specific to the domestic political economy of most of the countries affected by the crisis, including Greece, Ireland, Portugal, Spain, and Italy. It presents up-to-date and incisive analysis of the aftermath of the crisis and suggests how we can situate it within our understanding of different national growth models in Europe. This book will be of key interest to scholars, students and practitioners interested in the Euro Crisis, Economic and Monetary Union, European Union and European politics and more broadly to Comparative Politics, Political Economy, International Relations, Economics, Finance, Business and Industry.


Book Synopsis The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis by : Michele Chang

Download or read book The Political Economy of Adjustment Throughout and Beyond the Eurozone Crisis written by Michele Chang and published by Routledge. This book was released on 2019-08-08 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the aftermath of the euro crisis and whether the reforms have brought about lasting changes to the economic and political structures of the crisis countries or if the changes were short-term and easily abandoned post-bailout and post-recovery. Starting with an analysis of the state of euro area governance at the onset of the crisis and the ensuing reforms, the book considers structural conditions as well as those specific to the domestic political economy of most of the countries affected by the crisis, including Greece, Ireland, Portugal, Spain, and Italy. It presents up-to-date and incisive analysis of the aftermath of the crisis and suggests how we can situate it within our understanding of different national growth models in Europe. This book will be of key interest to scholars, students and practitioners interested in the Euro Crisis, Economic and Monetary Union, European Union and European politics and more broadly to Comparative Politics, Political Economy, International Relations, Economics, Finance, Business and Industry.

Transformation and Crisis in Central and Eastern Europe

Transformation and Crisis in Central and Eastern Europe

Author: Bruno Dallago

Publisher: Routledge

Published: 2016-05-05

Total Pages: 292

ISBN-13: 1317625234

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The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of different reform paths. Post-communist Central and Eastern Europe (CEECs) in particular show resilience in the wake of the international crisis with a diverse range of economic transformations. Transformation and Crisis in Central and Eastern Europe offers an in depth analysis of a diverse range of countries, including Poland, Hungary, Russia, Ukraine, Czech Republic and Slovakia. This volume assesses each country’s institutional transformations, geopolitical policies, and local adaptations that have led them down divergent post-communist paths. Chapters take the reader systematically through the evolution of former communist national economic systems, before ending with lessons and conclusions for the future. Subsequent chapters demonstrate that economic performance crucially depends on achieving a sustainable balance between sound institutional design and policies on one hand, and localization on the other. This new volume from a prestigious group of academics offers a fascinating and timely study which will be of interest to all scholars and policy makers with an interest in European Economics, Russian and East European Studies, Transition Economies, Political Economy and the post-2008 world more generally.


Book Synopsis Transformation and Crisis in Central and Eastern Europe by : Bruno Dallago

Download or read book Transformation and Crisis in Central and Eastern Europe written by Bruno Dallago and published by Routledge. This book was released on 2016-05-05 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of different reform paths. Post-communist Central and Eastern Europe (CEECs) in particular show resilience in the wake of the international crisis with a diverse range of economic transformations. Transformation and Crisis in Central and Eastern Europe offers an in depth analysis of a diverse range of countries, including Poland, Hungary, Russia, Ukraine, Czech Republic and Slovakia. This volume assesses each country’s institutional transformations, geopolitical policies, and local adaptations that have led them down divergent post-communist paths. Chapters take the reader systematically through the evolution of former communist national economic systems, before ending with lessons and conclusions for the future. Subsequent chapters demonstrate that economic performance crucially depends on achieving a sustainable balance between sound institutional design and policies on one hand, and localization on the other. This new volume from a prestigious group of academics offers a fascinating and timely study which will be of interest to all scholars and policy makers with an interest in European Economics, Russian and East European Studies, Transition Economies, Political Economy and the post-2008 world more generally.

The Euro Crisis and European Political Economy

The Euro Crisis and European Political Economy

Author: Robert Boyer

Publisher:

Published: 2013

Total Pages: 238

ISBN-13:

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Book Synopsis The Euro Crisis and European Political Economy by : Robert Boyer

Download or read book The Euro Crisis and European Political Economy written by Robert Boyer and published by . This book was released on 2013 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Eurozone Crisis and the Future of Europe

The Eurozone Crisis and the Future of Europe

Author: Rajeesh Kumar

Publisher: Springer

Published: 2014-08-05

Total Pages: 310

ISBN-13: 1137356758

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The authors uncover the roots of the eurozone crisis, focusing on how this can be solved against the backdrop of a very deep financial and economic crisis and its strong social impact. Looking at the impact of the financial crisis on the eurozone, they explore the European Union's recent and future developments.


Book Synopsis The Eurozone Crisis and the Future of Europe by : Rajeesh Kumar

Download or read book The Eurozone Crisis and the Future of Europe written by Rajeesh Kumar and published by Springer. This book was released on 2014-08-05 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors uncover the roots of the eurozone crisis, focusing on how this can be solved against the backdrop of a very deep financial and economic crisis and its strong social impact. Looking at the impact of the financial crisis on the eurozone, they explore the European Union's recent and future developments.

The Europeanization of Central and Eastern Europe

The Europeanization of Central and Eastern Europe

Author: Frank Schimmelfennig

Publisher: Cornell University Press

Published: 2005

Total Pages: 278

ISBN-13: 9780801489617

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This book demonstrates the importance of the credibility and the costs of accession conditionality for the adoption of EU rules in Central and Eastern Europe.


Book Synopsis The Europeanization of Central and Eastern Europe by : Frank Schimmelfennig

Download or read book The Europeanization of Central and Eastern Europe written by Frank Schimmelfennig and published by Cornell University Press. This book was released on 2005 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates the importance of the credibility and the costs of accession conditionality for the adoption of EU rules in Central and Eastern Europe.