Search Results for "the-eu-economic-and-social-model-in-the-global-crisis"

The EU Economic and Social Model in the Global Crisis

The EU Economic and Social Model in the Global Crisis

Interdisciplinary Perspectives

  • Author: Dagmar Schiek
  • Publisher: Routledge
  • ISBN: 1317033434
  • Category: Law
  • Page: 224
  • View: 373
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This book addresses the viability of the EU economic and social model within and after the global economic crisis. It identifies four key issues which warrant further discussion: (1) the asymmetry of the legal and policy framework of the euro and potential recalibration; (2) substantive tensions between the EU ’economic constitution’ and its normative aim of social justice and impacts on national policy; (3) the role of civil society, including the two sides of industry in overcoming these tensions; and (4) the EU’s global aspirations towards the creation of a viable socio-economic model. Its chapters offer two perspectives on each of the four main issues. In drawing these debates together, the book provides a broad understanding as well as starting points for future research. Bringing together different disciplinary approaches, ranging from legal studies to political economy, sociology and macroeconomics, it is a valuable contribution to the debate on the European social model and introduces new insights by focusing on legal and political tensions, the impact of the financial crisis and other economic contexts as well as global dimensions.

The EU and the Global Financial Crisis

The EU and the Global Financial Crisis

  • Author: Christian Schweiger
  • Publisher: Edward Elgar Publishing
  • ISBN: 1781003890
  • Category: Political Science
  • Page: 224
  • View: 1148
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This authoritative book offers a complete breakdown of the EUês political economy in the wake of the global financial crisis and will therefore appeal to students of European politics, international political economy and European studies, as well as po

The European Social Model in Crisis

The European Social Model in Crisis

Is Europe Losing Its Soul?

  • Author: Daniel Vaughan-Whitehead
  • Publisher: Edward Elgar Publishing
  • ISBN: 1783476567
  • Category: Business & Economics
  • Page: 656
  • View: 7481
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This is the first book to provide a comprehensive and systematic assessment of the impact of the crisis and austerity policies on all elements of the European Social Model. This book assesses the situation in each individual EU member state on the basi

The Political Economy of the European Social Model

The Political Economy of the European Social Model

  • Author: Philip Whyman,Mark Baimbridge,Andrew Mullen
  • Publisher: Routledge
  • ISBN: 0415476291
  • Category: Business & Economics
  • Page: 398
  • View: 3698
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This book seeks to analyse the development of the European Union (EU), which was founded upon the principle of the free movement of capital, goods, services and people in 1957. Its central thesis is that, from a practical and theoretical point of view, such a basis is fundamentally at odds with the creation of an interventionist regime that the construction of a social Europe would require. The authors argue convincingly that - economically: the EU does not currently possess the budget or the economic tools to pursue such a strategy; politically: close to none of the institutions of the EU have backed such a policy; practically: conservative and neo-liberal forces (among member states and the institutions of the EU) have repeatedly thwarted any moves in this direction. In reality, the Single Internal Market, Economic and Monetary Union, enlargement, the Lisbon Agenda and European Constitution projects all prioritise supply-side measures and expanding the scope of the market rather than the boosting of demand and other economic intervention. Consequently, constructing a social Europe in the face of this would appear problematic. Hence, in both theory and practice, the idea that there can be a social Europe vis-à-vis neoliberalisation is a contradiction in terms. This controversial book will be an educating and refreshing read for advanced students and academics involved with European politics, the European Union, European Economics and Economic instititutions.

The Aftermath of the Global Crisis in the European Union

The Aftermath of the Global Crisis in the European Union

  • Author: Beáta Farkas
  • Publisher: Cambridge Scholars Publishing
  • ISBN: 144385803X
  • Category: Business & Economics
  • Page: 285
  • View: 7573
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“This collective volume is undoubtedly a major contribution to understanding the causes and consequences of the crisis of the Euro-zone, with a special emphasis on the implications of new and not yet EMU members. A skilful combination of contrasting theoretical and policy perspectives, a refreshing interchange among academics and practitioners from a number of countries, it is a must reading for anyone seriously interested in the political economy of crisis and reform in Europe.” – László Csaba, Professor of International Political Economy, Central European University and Corvinus University of Budapest; Past President, the European Association for Comparative Economic Studies “This book offers a refreshing analysis of what is rapidly becoming Europe’s lost decade. The authors, all established experts in their fields, see light at the end of the tunnel, but it seems quite distant.” – André Sapir, Senior Fellow, Bruegel; Professor of Economics, Université libre de Bruxelles “The papers included in the volume uphold the pressing question of whether Europe can resume its role as a ‘growth and convergence engine’. Issues of growth, macro-stabilization and employment in the economically diversified internal market come in this context to the fore of the discussion. The editor of the volume, Professor Beata Farkas, skilfully brings together research focusing on diverse facets of the European economies in order to address questions such as: (1) Does one size fit all? (2) How can we change the EU budget to make it more effective? (3) Can Europe learn some lessons from the two lost decades in Japan? (4) Is inflation targeting a proper approach in defining monetary policy? (5) How do we conduct an effective fiscal policy? The added value of the volume consists in diversified methodological and conceptual perspectives employed to address the problems at hand. Ideas and arguments are presented in a novel and interdisciplinary manner. As such, the discussion that unfolds throughout the volume will be stimulating for researchers, decision-makers in the government and those in the corporate world. My recommendation is simple: take the book and read it . . .” – Katarzyna Żukrowska, Professor of International Economics and Political Science, Head of the International Security Department, Warsaw School of Economics; Member of the Prognoses Committee, Polish Academy of Science

The Contradictions of Austerity

The Contradictions of Austerity

The Socio-Economic Costs of the Neoliberal Baltic Model

  • Author: Jeffrey Sommers,Charles Woolfson
  • Publisher: Routledge
  • ISBN: 131780015X
  • Category: Business & Economics
  • Page: 200
  • View: 8744
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The great financial crisis of 2008 and the ensuing global economic and financial turmoil have launched a search for "models" for recovery. The advocates of austerity present the Baltic States as countries that through discipline and sacrifice showed the way out of crisis. They have proposed the "Baltic model" of radical public sector cuts, wage reductions, labor market reforms and reductions in living standards for other troubled Eurozone countries to emulate. Yet, the reality of the Baltic "austerity fix" has been neither fully accepted by its peoples, nor is it fully a success. This book explains why and what are the real social and economic costs of the Baltic austerity model. We examine each of the Baltic States by connecting national level studies within a European and global political economy, thereby delivering comparative breadth that supersedes localized understandings of the crisis. Thus for each of the three Baltic states, individual chapters explore the different economic and social dimensions of neo-liberal post-communism and the subsequent wider global economic and financial crisis in which these newly financialized economies have found themselves especially vulnerable. The "austerity model" adopted by Baltic national governments in response to the crisis reveals the profound vulnerabilities created by their unwavering commitment to liberalized economies, not least in terms of the significant "exit" of their labor forces and consequent population loss. This book looks beyond basic financial metrics claiming a success story for the Baltic austerity model to reveal the damaging economic and social consequences, first of neo-liberal policies adopted during transition, and latterly of austerity measures based on "internal devaluation." Combined these policies undermine the possibility of longer-term recovery and even social and economic sustainability, not to mention prospects for successful integration in the now-faltering European project that has departed from its "Social Model" roots.

European Social Models from Crisis to Crisis

European Social Models from Crisis to Crisis

Employment and Inequality in the Era of Monetary Integration

  • Author: Jon Erik Dølvik,Andrew Martin
  • Publisher: Oxford University Press, USA
  • ISBN: 0198717962
  • Category: Political Science
  • Page: 442
  • View: 9490
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This book analyzes how the transformation of the European political economies - stretching from the crisis after German re-unification and through the Great Recession - has influenced the social models, employment, and inequality in Western Europe.

Trust and Crisis Management in the European Union

Trust and Crisis Management in the European Union

An Institutionalist Account of Success and Failure in Program Countries

  • Author: Dóra Győrffy
  • Publisher: Springer
  • ISBN: 3319692127
  • Category: Business & Economics
  • Page: 244
  • View: 8226
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This book addresses and explains the divergent economic and political outcomes of the financial crisis in the eight European Union member states which needed a bailout program: Cyprus, Greece, Hungary, Ireland, Latvia, Portugal, Romania and Spain. Looking at crisis management as a series of relationships where cooperation is essential, this book focuses on the essential role of trust during the process. It argues that the presence or absence of trust during the negotiation and implementation of the bailout program leads to self-reinforcing cycles of success and failure. The analysis of these eight countries also explores the institutional sources of trust – it shows that a commitment to limited government is associated with both economic success and resistance to populism. The final chapter considers the implications for the future of the EU and calls attention to the importance of strengthening domestic institutions in order to bridge the gap between concerns over moral hazard and expectations of solidarity.

The European Union in Crisis

The European Union in Crisis

Explorations in Representation and Democratic Legitimacy

  • Author: Kyriakos N. Demetriou
  • Publisher: Springer
  • ISBN: 3319087746
  • Category: Political Science
  • Page: 257
  • View: 7387
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This volume is a comprehensive and rigorous exploration of intertwined issues surrounding the EU's democracy and legitimacy, written in the turbulent context of the financial crisis. The chapters are woven together under four interconnected thematic sections that examine: rapidly growing national euroscepticism; the Economic Monetary Union and its legitimacy; the future of EU integration; and democratic deficit(s) across its internal & external structure. The volume presents an authoritative collection of research results and surveys by experts in various disciplines related to the EU, and is addressed to researchers and students examining EU governance, representation and accountability, as well as practitioners across a multiplicity of fields.

Financial Crisis, Labour Markets and Institutions

Financial Crisis, Labour Markets and Institutions

  • Author: Sebastiano Fadda,Pasquale Tridico
  • Publisher: Routledge
  • ISBN: 0415538602
  • Category: Business & Economics
  • Page: 222
  • View: 3802
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This book seeks to explain the global financial crisis and its wider economic, political, and social repercussions, arguing that the 2007-9 meltdown was in fact a systemic crisis of the capitalist system. The volume makes these points through the exploration of several key questions: What kind of institutional political economy is appropriate to explain crisis periods and failures of crisis-management? Are different varieties of capitalism more or less crisis-prone, and can the global financial crisis can be attributed to one variety more than others? What is the interaction between the labour market and the financialization process? The book argues that each variety of capitalism has its own specific crisis tendencies, and that the uneven global character of the crisis is related to the current forms of integration of the world market. More specifically, the 2007-09 economic crisis is rooted in the uneven income distribution and inequality caused by the current financial-led model of growth. The book explains how the introduction of more flexibility in the labour markets and financial deregulation affected everything from wages to job security to trade union influence. Uneven income distribution and inequality weakened aggregate demand and brought about structural deficiencies in aggregate demand and supply. It is argued that the process of financialization has profoundly changed how capitalist economies operate. The volume posits that financial globalization has given rise to growing international imbalances, which have allowed two growth models to emerge: a debt-led consumption growth model and an export-led growth model. Both should be understood as reactions to the lack of effective demand due to the polarization of income distribution.

Models of Capitalism in the European Union

Models of Capitalism in the European Union

Post-crisis Perspectives

  • Author: Beáta Farkas
  • Publisher: Springer
  • ISBN: 1137600578
  • Category: Political Science
  • Page: 541
  • View: 1505
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This book uses comparative economic analysis to provide a common conceptual framework for all current European Union member states. Based on empirical investigation, the author identifies the Nordic, North-western, Mediterranean, and Central and Eastern models of capitalism on the threshold of the 2008 global financial and economic crisis. The chapters also examine the resulting institutional responses to the crisis and the methods of crisis management adopted by each member state. The analysis reveals that the crisis has not triggered radical institutional change but, instead, highlighted deep institutional differences not between the old and new member states, but between the Nordic, North-western, Mediterranean, and Central and Eastern European countries. These institutional differences are so significant that they require the rethinking of European integration theory. Models of Capitalism in the European Union serves as a useful handbook for academics, advanced students, policy-makers and advisors who are interested in European economic issues.

Migration, Work and Citizenship in the New Global Order

Migration, Work and Citizenship in the New Global Order

  • Author: Ronaldo Munck,Carl Ulrik Schierup,Raúl Delgado Wise
  • Publisher: Routledge
  • ISBN: 1135748284
  • Category: Political Science
  • Page: 135
  • View: 4625
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Any consideration of global migration in relation to work and citizenship must necessarily be situated in the context of the Great Recession. A whole historical chapter – that of neoliberalism – has now closed and the future can only be deemed uncertain. Migrant workers were key players during this phase of the global system, supplying cheap and flexible labour inputs when required in the rich countries. Now, with the further sustainability of the neoliberal political and economic world order in question, what will be the role of migration in terms of work patterns and what modalities of political citizenship will develop? While informalization of the relations of production and the precarization of work were once assumed to be the exception, that is no longer the case. As for citizenship this book posits a parallel development of precarious citizenship for migrants, made increasingly vulnerable by the global economic crisis. But we are also in an era of profound social transformation, in the context of which social counter-movements emerge, which may halt the disembedding of the market from social control and its corrosive impact. This book was published as a special issue of Globalizations.

Crashed

Crashed

Wie zehn Jahre Finanzkrise die Welt verändert haben

  • Author: Adam Tooze
  • Publisher: Siedler Verlag
  • ISBN: 3641192773
  • Category: Business & Economics
  • Page: 800
  • View: 8467
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Zehn Jahre danach: Der Finanzcrash und seine dramatischen Folgen Als die US-Großbank Lehman Brothers im September 2008 zusammenbrach, war dies der Tiefpunkt der Banken- und Finanzkrise. Und obwohl der totale Kollaps der Weltwirtschaft damals verhindert wurde, ist die Finanzkrise noch lange nicht Geschichte, wie der britische Historiker Adam Tooze zeigt. Er schildert, wie es zu dieser Krise der Finanzmärkte kam und welche dramatischen Folgen sie bis heute hat. Denn nicht nur ist durch die Finanzkrise die Stabilität Europas ins Wanken geraten, sie hat auch das Vertrauen in die Kraft der globalen Wirtschaftsordnung erschüttert – und so zum Aufstieg der Populisten beigetragen.

Before and After the Economic Crisis

Before and After the Economic Crisis

What Implications for the 'european Social Model'?

  • Author: M. -A. Moreau
  • Publisher: Edward Elgar Publishing
  • ISBN: 184980995X
  • Category: Business & Economics
  • Page: 336
  • View: 838
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This timely book casts new light on the key issues arising from the contentious debate around the future of the European Social Model. Marie-Ange Moreau brings together leading experts to provide a thorough and well-informed response to the recent developments in European social and labour law and policy, in the light of institutional changes. The contributing authors provide unique insights as they evaluate the impact of the enlargement processes, the implications of the Lisbon Treaty, the integration of the Charter into EU law and, crucially, the evaluation of the European evolutions in the context of the economic crisis. Before and After the Economic Crisis will appeal to academics, researchers and graduate students working on European labour law, industry relations, social policy and gender issues and related topics in economics and political sciences.

Connecting Welfare Diversity Within the European Social Model

Connecting Welfare Diversity Within the European Social Model

  • Author: Theodōros D. Sakellaropoulos,Jos Berghman
  • Publisher: Intersentia nv
  • ISBN: 9050953697
  • Category: Law
  • Page: 270
  • View: 7282
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This volume is the revised Report, which an international team of experts have prepared for the Greek Ministry of Labour and Social Security in the context of the Greek Presidency of the European Union and presented in the international conference "The Modernisation of the European Social Model. EU Policies and Practices" on 24-25 May 2003, at Ioannina, Greece. The book focuses on the Open Method of Coordination (OMC), its relation to other policy tools used in the European Social Policy and its significance for the fomation of a new European Social Model. The chapters follow the emergence, the evolution and analyze the constituent elements of the OMC in the fields of Social Inclusion and Pensions since the Lisbon Summit. During the Portuguese Presidency OMC encountered a cautious response. The OMC idea made substantial progress during the Belgian Presidency. In the Ioannina conference the OMC had full recognition as a tool for the implementation of European Social Policy. Everyone agreed that important social issues were dealt with more effectively through the OMC, especially when the latter is consolidated after the inclusion of the Charter of the fundamental Rights in the new European Treaty. This progress is sufficiently reflected in the present volume, where it is concluded that through OMC the European Social Model gained a new momentum in terms of effectiveness and legitimacy

Director-General's Introduction to the International Labour Conference

Director-General's Introduction to the International Labour Conference

Decent Work for Sustainable Development

  • Author: International Labour Office. Director-General
  • Publisher: International Labour Organization
  • ISBN: 9789221181293
  • Category: Business enterprises
  • Page: 19
  • View: 500
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The European Union's Emerging International Identity

The European Union's Emerging International Identity

Views from the Global Arena

  • Author: Henri de Waele,Jan-Jaap Kuipers
  • Publisher: Martinus Nijhoff Publishers
  • ISBN: 9004230998
  • Category: Business & Economics
  • Page: 280
  • View: 6866
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There may exist a substantial gap between the proclaimed international identity of the EU on the one hand, and the prevailing realities in the global arena on the other. The European Union's Emerging International Identity investigates whether such a gap indeed exists, by exploring the Union’s position and functioning within the framework of eight other international organizations.

Economic and Social Integration

Economic and Social Integration

The Challenge for EU Constitutional Law

  • Author: Dagmar Schiek
  • Publisher: Edward Elgar Publishing
  • ISBN: 1781005176
  • Category: Business & Economics
  • Page: 352
  • View: 4036
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'Dagmar Schiek has written a timely and vital book. Following financial and sovereign debt crises, the European Union is in crisis. As responses to crisis – for example fiscal union – appear to be couched in wholly technocratic terms, a European public is entitled to ask whether the European Union has any respect for established national traditions of social constitutionalism and social welfare. Dagmar Schiek addresses these questions, both in a historical and contemporary context of social constitutionalism, arguing forcefully for the need to establish social legitimacy within Europe. I recommend this book to all researchers and students of European Union.' – Michelle Everson, Birkbeck College, University of London, UK 'Is there a "European social space"? What is the place of "social integration" alongside "economic integration" in the EU? Has a "socially embedded constitutionalism" been developed in parallel with the internal market case law of the CJEU? Dagmar Schiek in her comprehensive and interdisciplinary study gives refreshing new answers under the recent Lisbon Treaty.' – Norbert Reich, Universität Bremen, Germany 'At a time of crisis and therefore a crucial juncture in European politics, Dagmar Schiek offers us an inspiring vision of the potential of the European Union. In her brilliant study, she exposes the obstacles that economic integration has posed for achievement of social justice, and provides a bold solution. Rejecting more limited models of constitutionalism, she presents a convincing alternative which is socially embedded, allowing space for action by manifold actors at multiple levels of governance.' – Tonia Novitz, University of Bristol, UK This well-researched book analyses the positioning of EU constitutional law towards economic and social integration by contrasting liberal and socially embedded constitutionalism. The book draws on a unique content and discourse analysis of all Grand Chamber decisions on substantive EU law since May 2004. It finds the EU's 'judicial constitution' to be more nuanced and more uniform than expected. While the Court of Justice enforces the constitution of integration, it favours economic freedoms under mainly liberal paradigms, but socially embeds constitutionalism in citizenship cases. The 'judicial constitution' contrasts with EU Treaties after the Treaty of Lisbon in that their new value base enhances European social integration. However, the Treaties too seem contradictory in that they do not expand the EU's competence regime accordingly. In the light of these contradictions, Dagmar Schiek proposes a 'constitution of social governance': the Court and EU institutions should encourage steps towards social integration at EU level to be taken by transnational societal actors, rather than condemn their relevant activity. Economic and Social Integration will appeal to academics and postgraduate students in EU law, EU politics, European sociology, international relations, international law, labour law, and welfare state theory. Undergraduate students in labour law, policy advisors on EU social policy and welfare state, government departments and EU Commission departments will also find much to interest them in this book.

The Economic and Financial Crisis and Collective Labour Law in Europe

The Economic and Financial Crisis and Collective Labour Law in Europe

  • Author: Niklas Bruun,Klaus Lörcher,Isabelle Schömann
  • Publisher: Bloomsbury Publishing
  • ISBN: 1782254455
  • Category: Law
  • Page: 304
  • View: 8060
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The current economic and financial crisis erupted several years ago. Its effects impacted deeply upon society, in which legal rules and social patterns have developed to enable the establishment of civilisation, justice and peace. Over time it has become more and more obvious that policy, financial and economic actors have adopted austerity measures as a main tool to solve the ensuing problems, and that these measures have hit social policy standards sometimes dramatically. Recent analyses have dealt with several aspects of this issue. This book focuses on one important element: the impact on collective labour law. It seeks to add to the debate by presenting mainly legal arguments derived from different sources and backgrounds, examining the EU and 'Troika' measures, the economic and political background and the sometimes dramatic consequences of austerity measures on democracy, collective bargaining and the right to strike. Against the framework of EU law, the relevant ILO Conventions, (Revised) European Social Charter and European Convention on Human Rights provisions, the non-compliance of these measures is analysed and demonstrated. The book is also dedicated to procedural questions, and in particular, how legal approaches may be used to challenge austerity measures.

Endspiel des Kooperativen Kapitalismus?

Endspiel des Kooperativen Kapitalismus?

Institutioneller Wandel unter den Bedingungen des marktzentrierten Paradigmas

  • Author: Ulrich Brinkmann,Karoline Krenn,Sebastian Schief
  • Publisher: Springer-Verlag
  • ISBN: 3531905228
  • Category: Political Science
  • Page: 284
  • View: 9119
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"Endet es? Wird es enden? Oder ist es bereits zu Ende?" Diese Fragen dienen als Leitmotiv für dieses Buch über das vermeintliche oder tatsächliche Ende des "Kooperativen Kapitalismus" in Deutschland. Nach langjähriger Persistenz scheint dieser nun das Zeitliche zu segnen. Ist das Modell nun tatsächlich an sein Ende gekommen? Haben wir es mit einem Auslaufmodell zu tun? Die Beiträge dieses Buches thematisieren ausgewählte Prozesse des Umbruchs der rheinischen Variante des Kapitalismus. Diskutiert werden u.a. die Transformation hin zu einem Finanzmarktkapitalismus, der Wandel der Corporate Governance, das Aufscheinen neuer Leitbilder in Unternehmen (wie "Intrapreneur"), die Veränderung der Industriellen Beziehungen in einem internationalen Kontext sowie der sozialen Sicherungssysteme. Der Band gibt einen breiten Überblick über den Zustand des Kooperativen Kapitalismus zu Beginn des 21. Jahrhunderts in einem zunehmend internationalisierten Umfeld und unter der Maxime verstärkter Marktsteuerung - und er vermittelt Deutungsangebote über Art und Ausmaß der zu erwartenden Änderungen.