The Euro Crisis

1. Front Matter

   Pages i-xv

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2. Can the Euro Survive after the European Crisis?

   • Philip Arestis, Malcolm Sawyer

   Pages 1-34

3. The European Financial and Economic Crisis: Alternative Solutions from a (Post-)Keynesian Perspective

   • Eckhard Hein, Achim Truger, Till van Treeck

   Pages 35-78

4. Debt Sustainability Revisited

   • Yannis A. Monogios, Panagiotis G. Korliras

   Pages 79-118

5. Greece’s Sudden Faltering Economy: From Boom to Bust With Special Reference to the Debt Problem

   • Evangelia Desli, Theodore Pelagidis

   Pages 119-158

6. The Irish Tragedy

   • Yiannis Kitromilides

   Pages 159-194

7. Portugal’s Best Way out of Economic Stagnation: Institutional Reform of the Eurozone

   • Pedro Leao, Alfonso Palacio-Vera

   Pages 195-234

8. The Economic Crisis in Spain: Contagion Effects and Distinctive Factors

   • Jesús Ferreiro, Felipe Serrano

   Pages 235-268

9. Back Matter

   Pages 269-276

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A detailed and informed analysis of the current crisis facing the eurozone, examining the root causes and exploring the possible outcomes and uncertain future of the European Union and its currency. Chapters include case studies of Portugal, Ireland, Spain and Greece, as well as broader comparative perspectives.

• debt sustainability
• European Union (EU)
• Keynes
• Stagnation

• Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, UK

  Philip Arestis

• University of the Basque Country, Spain

  Philip Arestis

• University of Leeds, UK

  Malcolm Sawyer

PHILIP ARESTIS Honorary Senior Departmental Fellow, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK; Professor of Economics, Department of Applied Economics V, University of the Basque Country, Spain; Distinguished Adjunct Professor of Economics, Department of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, US; Visiting Professor, Leeds Business School, University of Leeds, UK; Professorial Research Associate, Department of Finance and Management Studies, School of Oriental and African Studies (SOAS), University of London, UK; and current holder of the British Hispanic Foundation 'Queen Victoria Eugenia' British Hispanic Chair of Doctoral Studies. He is Chief Academic Adviser to the UK Government Economic Service (GES) on Professional Developments in Economics. He has published as sole author or editor, as well as co-author and co-editor, a number of books, contributed in the form of invited chapters to numerous books, produced research reports for research institutes, and has published widely in academic journals.

MALCOLM SAWYER Professor of Economics, Leeds University Business School, University of Leeds, UK. He was until recently Pro-Dean for Learning and Teaching for the Faculty of Business, University of Leeds, UK. He is Managing Editor of International Review of Applied Economics, on the Editorial Board of a range of journals and editor of the series New Directions in Modern Economics. He has published widely in the areas of post Keynesian and Kaleckian economics, industrial economics and the UK and European economies. He has authored 11 books and edited 21, has published over 70 papers in refereed journals and contributed chapters to over 100 books.

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