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Volume II considers the history of the European Union from an inside-out perspective, focusing on the internal developments that shaped the European integration process. Taking an innovative, thematic approach, this volume will be of interest to students and researchers of European integration.
The political and economic geography of Europe is changing - the European Community is expanding its boundaries towards EFTA and is resuming a closer association with Central and Eastern European regions engaged in radical restructuring. As EC integration accelerates there is the prospect of intensified inter-regional competition. This book, divided into five parts, examines in detail the changes and the challenge for policy makers. The introduction draws out the central themes of the book, addressing EC regional performance and future indicators, the enlargement and changing map of Europe and the implications for the EC of Eastern European changes. The second part deals with EC issues, particularly focusing on the economic and spatial impact of European integration. Part 3 addresses Eastern European issues, and Part 4 covers the Peripheral Regions. The final part is devoted to a policy debate, concluding with a policy agenda for the forthcoming decade.
Through four previous editions The Economics of European Integration by Willem Molle has established itself as a preferred textbook for students of the economics of the EU as well as a reliable reference work for those with a professional interest in the European Union. Carefully revised, this fifth edition takes into account changes in course requirements, new statistical information, and recent policy developments. It includes new material on: - the ongoing integration of the New Member States and the new forms of association with accession countries in Central and Eastern Europe; - the implementation of the Monetary Union and the performance of the euro; - the EU experience as a guide for the economic integration of other regions and for the improvement of world economic governance. Written in a clear style and combining original insights with authoritative analysis, this new edition will further enhance the book's reputation for providing the ideal introduction to the economics of the European Union.
International economic integration can in many ways be seen as one of the everyday consequences of globalization. As communication lines grow shorter, more and more countries are seeing the use in hacking down trade barriers. This new edition of Peter Robson's classic text will doubtless please its many fans
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.
Europe is the biggest political issue in contemporary Britain. The contributions to this volume all express disapproval and doubt about the integration process. Some favour EU membership while rejecting the single currency; others favour renegotiation of Britain's relationship with the EU; others recommend withdrawal. But different preferred solutions do not obscure a commonality of belief that the status quo of EU membership, leading inexorably to a monetary and fiscal euroland, is undesirable and should be democratically resisted. Similarly Tony Blair's advocacy of a 'superpower' Europe is conceptually repudiated.