This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism.The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP).Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America. 
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Chapter 1: Introduction.- Part I: Global Economic Crisis.- Chapter 2: The Road from Prosperity into the Crisis: The Long Cycle of Post-War Economic, Social and Political Development.- Chapter 3: The Systemic Nature of the Global Crisis and Some Principles for Tackling it.- Part II: Regional Governance and Crisis Management in Europe and Latin America.- Chapter 4: EU’s Double Democratic Deficit.- Chapter 5: European Union’s Democratic Legitimacy after the MoUs: The Political Legacy of an Economic Crisis.- Chapter 6: Finance Capitalism and Democracy: The Case of the Financial Transactions Tax.- Chapter 7: Regional Governance and Macroeconomic Crisis Management in Latin America.- Part III: Impact of the Crisis in Europe and Latin America: National Level.- Chapter 8: Managing the Crisis in Greece: The Missing Link Between External Conditionality and Domestic Political Economy.- Chapter 9: The Crisis, its Management and Impact on Equity and Democracy in Portugal and Possible Consequencesfor the EU.- Chapter 10: The 2011 Crisis in Italy: A Story of Deep Rooted (and Still Unresolved) Economic and Political Weaknesses.- Chapter 11: Latin American Economic Crises and Populist Bids: Argentina, Brazil and Mexico.- Chapter 12: The Fall of a Giant: Greed, Corruption and Abuse of Power Undermining Democracy in Brazil.- Chapter 13: Venezuela in Crisis - Governance, Equity and Democracy.- Part IV: Impact of the Crisis in Europe and Latin America: Regional Level.- Chapter 14: The Rise of Right-wing Populism in Europe: A Psychoanalytical Contribution.- Chapter 15: European Economic Governance and Rising Sovereignism.- Chapter 16: Eurozone Crisis Management and the Growth of Opposition to European Integration.- Chapter 17: A ‘Pink Tide’ Than a ‘Turn to the Right’: Populisms and Extremism in Latin America in the 21st Century.- Chapter 18: The Impact of the Global Financial Crisis on Latin American Regionalism and Beyond.- Part V: Conclusions.- Chapter 19: Comparing the Crises in Europe and Latin America: Causes, Management and Consequences.- Part VI: Reform Proposals.- Chapter 20: Financial Instability, Climate Change and the ‘Digital Colonization’ of Europe: Some Unconventional Proposals.- Chapter 21: Promoting Investment in the European Union, Evaluating the Junker Plan.- Chapter 22: Proposal for a Pact for National Responsibility Through EU Solidarity within the Present EU Architecture.- Chapter 23: Proposals for Reforms and Democratization of the EMU.- Chapter 24: Operational Proposal for an EU-CELAC Strategic Alliance.- Chapter 25: Epilogue - Financial Crises, Regionalism and Domestic Adjustment.
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This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism.The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and LatinAmerica. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP).Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America. 
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Features an epilogue by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP) Presents bi-regional and comparative research on crisis management in EU and Latin America Addresses very topical subjects such as democracy crisis, systemic crisis, political polarization, and the rise of populism Analyzes the impact of weak management of the global and the euro financial crisis on regionalism in Europe and Latin America Proposes reforms for the international financial system and increased interregional cooperation
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Open Access This book is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made. The images or other third party material in this book are included in the book's Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the book's Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder.
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Produktdetaljer

ISBN
9783030548940
Publisert
2020-12-10
Utgiver
Vendor
Springer Nature Switzerland AG
Høyde
235 mm
Bredde
155 mm
Aldersnivå
Research, P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet

Om bidragsyterne

Bettina De Souza Guilherme, is an official at the European Parliament (Brussels, Belgium), working for the Committee of Economic and Monetary Affairs, She studied political science and economics at the University of Vienna.  From 2014 to 2018 she worked as a Professora Colaboradora at the University of Sao Paulo.  In 2016, she and Christian Ghymers founded and co-coordinated the Jean Monnet Network for Crisis-Equity-Democracy for Europe and Latin America.

Christian Ghymers is Professor at ICHEC - Brussels Management School (Belgium). He holds the academic university accreditation and tenure in international economics from Catholic University of Louvain-la-Neuve UCL/ICHEC (Belgium). He is President of Institute for Relations between the EU and Latin American and the Caribbean (IRELAC) and Vice-President of the RTI (Triffin Foundation) at Catholic University of Louvain.

Stephany Griffith-Jones is Financial Markets Director of the Initiative for Policy Dialogue at Columbia University (US), Emeritus Professorial Fellow at Institute of Development Studies (IDS), Sussex University and   Senior associate fellow at the Overseas Development Institute (ODI), London University (UK). She has published widely (including over 25 books) and holds a PhD from Cambridge University and a degree in Economics from the University of Chile.

Andrea Ribeiro Hoffmann is Professor of International Relations at the Catholic University of Rio de Janeiro (PUC), Brazil. She has a Ph.D. from the University of Tübingen, Germany, and has been a visiting scholar at the London School of Economics (UK), University of Erfurt and the Free University of Berlin (Germany).