After several systemic crises in a decade, emergency politics has taken hold in Europe. In the wake of the 2008 financial crisis and later the Covid-19 pandemic, governments have responded with exceptional measures. Along the way, they have accumulated extraordinary powers. We might be tempted to think that this form of politics is the natural […]
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The reforms in the EU’s economic and financial governance structure in response to the Euro crisis have been put to the test by the Coronavirus pandemic. While the resurfacing of the sovereign debt crisis has highlighted the inadequacies of the Union’s fiscal policy reforms, the relative stability of the banking system so far hints at […]
In the Netherlands, the public underestimates how much Southern Europe has already suffered. And how we benefited ourselves, says Joris Melman, analysing the Dutch stance in the negotiations on the EU’s economic responses to the corona crisis. The Dutch stance in the EU negotiations about the economic response to the corona crisis has sparked criticism […]
Public opinion has a central role in the politics of the Eurozone. But how do citizens form their opinions? Joris Melman’s original research indicates that opinions on the euro are often embedded in more general political orientations. For most people, the euro is above all a practical artefact in their daily lives, which makes them […]
Many economists, pundits and policymakers in Europe think that China is in an ideal position to rescue the Eurozone from its debt problems. The main argument goes more or less like this: China has $3.2 trillion foreign reserves, of which two thirds are in US dollars and only one quarter is in euros. It would […]
The creation of the euro is an epoch-making event. For the first time in history independent nation-states have decided to merge their monetary sovereignties in a single currency. From the start, however, the project has been based on a marriage between France and Germany.
Ben Rosamond (Copenhaguen University) and Miguel Otero-Iglesias (Oxford Brookes University) discuss the current and future importance of non-mainstream IPE approaches in understanding the European Union and its role in the new world order after the Global Financial Crisis.
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