Rising powers and economic crisis in the Euro area /

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 l...

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Bibliographic Details
Main Authors: Ville, Ferdi de (Author), Vermeiren, Mattias (Author)
Format: Electronic eBook
Language:English
Published: London : Palgrave Macmillan, 2016.
Series:Global reordering.
Subjects:
Online Access:CONNECT
Table of Contents:
  • Abbreviations; List of Figures; List of Tables; Chapter 1: Introduction; A Note on Data, Methods and Design Choices; Notes; References; Chapter 2: External Imbalances and Varieties of Capitalism in the Euro Area; External Imbalances and Crisis in the EA; Macroeconomic Perspectives on the EA Crisis; A Political Economy Perspective; Varieties of Capitalism and Imbalances in the EA; A Brief Introduction to the CC Literature; Varieties of Labor Market Institutions and Competiveness in the EA; Varieties of Capitalism and the EA's Extra-Regional Trade Imbalances; Conclusion; Notes.
  • Extra-EMU Trade Balance Performance of the CMEs: Broad Empirics; Explaining the Extra-EMU Trade Balance Performance of the CMEs; ULC Dynamics, Wage-Setting Institutions and Price Competitiveness; Trade Structures, Skill Regimes and Non-price Competitiveness; Trade Balance Dynamics in CMEs Since the Crisis; Notes; References; Chapter 5: MMEs: Outcompeted by Low-Cost Economies; Extra-EMU Trade Balance Performance of the MMEs: Broad Empirics; Explaining the Extra-EA Trade Balance Performance of the MMEs; ULC Dynamics, Wage-Setting Institutions and Price Competitiveness.
  • Trade Structures, Innovation Regimes and Non-price Competitiveness; Trade Balance Dynamics of MMEs After the Crisis; Notes; References; Chapter 6: Conclusions; Beyond the Cost Competitiveness Obsession; More Symmetrical Adjustment and EMU Regime: Necessary but Insufficient; From Structural Reforms to Structural Transformation: The Role of Industrial Policy; Notes; References; Annex 1 CMEs: Trade Indicators for Five Most Important Export Sectors and Vehicles (87), Machinery (84) and Electronic Products (85).