This book draws on critical theory to introduce readers to ways of exploring questions about the EU from a political economy perspective, questions like: Does the EU help or hinder Europe's 'social models' to face the challenges of globalization? Does the EU represent a break from Europe's imperial past? What were the causes of the Eurozone crisis?
Bringing together a range of expert contributions, this book is the first to address the relationship between the economic crisis and social policy within an international context. The key lesson to emerge is that 'the crisis' is better understood as a variety of crises, each mediated by national context.
This book provides an authoritative account of the economic and political roots of the 2008 financial crisis, examining why it was triggered in the United States and its lasting impact on both the American and global economies.