Paper $31.95 ISBN: 9781783602131 Published July 2014 For sale in North and South America only
Cloth $134.95 ISBN: 9781783602148 Published July 2014 For sale in North and South America only

Europe on the Brink

Debt Crisis and Dissent in the European Periphery

Edited by Tony Phillips

Europe on the Brink

Edited by Tony Phillips

Distributed for Zed Books

272 pages | 5.4375 x 8.5 | © 2014  
Paper $31.95 ISBN: 9781783602131 Published July 2014 For sale in North and South America only
Cloth $134.95 ISBN: 9781783602148 Published July 2014 For sale in North and South America only
Europe is suffering from a bipolar economic disorder. Financial journalists divide the continent into two groups of nations - centre and periphery - not by geography but by credit rating. Europe on the Brink is a critical investigation of the root causes of this sovereign debt crisis, and the often misguided policy choices made to resolve it.

Nobel Laureate Joseph Stiglitz, together with two other finance experts, compares debt contagion in Europe with regional financial crises elsewhere, while Roberto Lavagna, former economics minister in Argentina, provides a poignant comparative analysis with his own country’s experience. Crucially and uniquely, Portuguese, Greek and Irish economists provide hard-hitting case studies from the perspective of the periphery.

This much-needed book offers a heterodox economic perspective on the causes, symptoms and solutions of the biggest economic issue currently facing Europe.
Contents
Introduction: Sovereign Bonds, Burden Sharing and the Troika’s Rescues - Tony Phillips
1. The Great Recession, Spillover in Europe, Banking Collapse in Ireland - Tony Phillips
2. Crises and Contagion: a Survey - Anzhela Knyazeva, Diana Knyazeva and Joseph Stiglitz
3. Countering the Myths of the Portuguese Debt - Mariana Rodrigues Mortágua
4. Greece: Europe’s Worst Success Story - Christina Laskaridis
5. Argentina 2001: A Heterodox Exit from the Crisis - Roberto Lavagna
Epilogue - Tony Phillips
Glossary
For more information, or to order this book, please visit http://www.press.uchicago.edu
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