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Rising powers and economic crisis in...
~
Vermeiren, Mattias.
Rising powers and economic crisis in the Euro area
Record Type:
Language materials, printed : Monograph/item
Title/Author:
Rising powers and economic crisis in the Euro area/ by Ferdi De Ville, Mattias Vermeiren.
Author:
Ville, Ferdi De.
other author:
Vermeiren, Mattias.
Published:
London :Palgrave Macmillan UK : : 2016.,
Description:
xiii, 155 p. :ill., digital ; : 22 cm.;
Contained By:
Springer eBooks
Subject:
Political Science and International Relations. -
Subject:
European Union countries - Congresses. - Appropriations and expenditures -
Online resource:
http://dx.doi.org/10.1057/978-1-137-51440-0
ISBN:
9781137514400
Rising powers and economic crisis in the Euro area
Ville, Ferdi De.
Rising powers and economic crisis in the Euro area
[electronic resource] /by Ferdi De Ville, Mattias Vermeiren. - London :Palgrave Macmillan UK :2016. - xiii, 155 p. :ill., digital ;22 cm. - Global reordering. - Global reordering..
In this book, Ferdi De Ville and Mattias Vermeiren examine the linkages between the economic crisis in the euro area and the rise of Brazil, India and China (BICs) in the global monetary and trading system. Drawing on the insights of the comparative capitalism literature, the authors show that the latter development has been a key source of the escalation of trade imbalances in the euro area, which are widely seen as an important cause of the financial and economic crisis in the region. By pointing to the external source of these imbalances and the divergent institutional capacity of the euro area countries to deal with the intensified competition associated with the rise of the BICs, De Ville and Vermeiren go beyond the focus on the divergence in unit labor costs as the driving force of these imbalances. As such, this book provides a comprehensive policy critique of the EU's export-led growth strategy based on declining unit labor costs.
ISBN: 9781137514400
Standard No.: 10.1057/978-1-137-51440-0doiSubjects--Topical Terms:
1069667
Political Science and International Relations.
Subjects--Geographical Terms:
557911
European Union countries
--Appropriations and expenditures--Congresses.
LC Class. No.: HC240 / .V547 2016
Dewey Class. No.: 337.142
Rising powers and economic crisis in the Euro area
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In this book, Ferdi De Ville and Mattias Vermeiren examine the linkages between the economic crisis in the euro area and the rise of Brazil, India and China (BICs) in the global monetary and trading system. Drawing on the insights of the comparative capitalism literature, the authors show that the latter development has been a key source of the escalation of trade imbalances in the euro area, which are widely seen as an important cause of the financial and economic crisis in the region. By pointing to the external source of these imbalances and the divergent institutional capacity of the euro area countries to deal with the intensified competition associated with the rise of the BICs, De Ville and Vermeiren go beyond the focus on the divergence in unit labor costs as the driving force of these imbalances. As such, this book provides a comprehensive policy critique of the EU's export-led growth strategy based on declining unit labor costs.
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Political Science and International Studies (Springer-41174)
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