The politics of bad options : why the Eurozone's problems have been so hard to resolve /

Why was the Eurozone crisis so difficult to resolve? Why was it resolved in a manner in which some countries bore a much larger share of the pain than other countries? Why did no country leave the Eurozone rather than implement unprecedented austerity? Who supported and opposed the different policy...

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Bibliographic Details
Main Authors: Walter, Stefanie (Author), Ray, Ari (Author), Redeker, Nils (Author)
Format: eBook
Language:English
Published: Oxford, United Kingdom : Oxford University Press, 2020.
Edition:First edition.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Why was the Eurozone crisis so difficult to resolve? Why was it resolved in a manner in which some countries bore a much larger share of the pain than other countries? Why did no country leave the Eurozone rather than implement unprecedented austerity? Who supported and opposed the different policy options in the crisis domestically, and how did the distributive struggles among these groups shape crisis politics? Building on macro-level statistical data, original survey data from interest groups, and qualitative comparative case studies, this book argues and shows that the answers to these questions revolve around distributive struggles about how the costs of the Eurozone crisis should be divided among countries, and within countries, among different socioeconomic groups.
Physical Description:1 online resource
Bibliography:Includes bibliographical references and index.
ISBN:9780192599094
0192599097
9780191890123
019189012X