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Rising Powers and Economic Crisis in the Euro Area

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Rising Powers and Economic Crisis in the Euro Area/ by Ferdi De Ville, Mattias Vermeiren, Mattias Vermeiren, Ferdi De Ville.
作者:	De Ville, Ferdi.
其他作者:	Vermeiren, Mattias.
面頁冊數:	XIII, 155 p. 23 illus. in color.online resource. :
Contained By:	Springer Nature eBook
標題:	Political economy. -
電子資源:	https://doi.org/10.1057/978-1-137-51440-0
ISBN:	9781137514400

Rising Powers and Economic Crisis in the Euro Area
De Ville, Ferdi.

Rising Powers and Economic Crisis in the Euro Area[electronic resource] /by Ferdi De Ville, Mattias Vermeiren, Mattias Vermeiren, Ferdi De Ville. - 1st ed. 2016. - XIII, 155 p. 23 illus. in color.online resource. - 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:

809016
Political economy.

LC Class. No.: JA77

Dewey Class. No.: 338.9

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