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financial crisis

November 23, 2023

🔮 The technopopulist loop and conflicts of sovereignty in the EU

Emilija Tudzarovska The EU economic crisis revealed a clash between the EU and national authorities. This clash is, however, only one part of the story. Events in Greece, Italy, Bulgaria and Slovenia, writes Emilija Tudzarovska, also revealed a crisis of party politics. This crisis has triggered appeals to populism and technocracy – technopopulism – which weakens yet further the institutionalisation of politics Read more

July 24, 2023

The 2023 elections mark the end of the financial crisis era in Greece

Alexandros Kyriakidis Alexandros Kyriakidis argues that the era of political and financial crisis in Greece that spanned a decade seems to be coming to a close with the recent elections. This is demonstrated most vividly by the decline of SYRIZA, the party most closely associated with the anti-financial programme agenda Read more

November 22, 2021

Bailed-out governments did not lose policy-making discretion during the Eurozone crisis

Catherine Moury Catherine Moury, Stella Ladi, Daniel Cardoso and Angie Gago argue that bailed-out governments during the Eurozone crisis exercised more leverage than assumed. Despite international market pressure and creditors’ conditionality, bailed-out governments were able to advocate, resist, shape or roll back some of the policies demanded by the EU’s Troika Read more

August 9, 2021

Left-wing austerity during international crises – it’s the financial markets, stupid!

Damian Raess Surprisingly, left governments adopted more conservative fiscal policies than right governments in recent economic crises. Governments did not choose these policies freely; rather, the financial markets imposed them. Nonetheless, argues Damian Raess, they appear to have dire electoral consequences: left-leaning voters are increasingly voting with their feet Read more

April 30, 2021

Biden’s minimum corporate tax rate could destroy Ireland’s economic growth model, leaving the country in uncharted territory

Anna Guildea The Biden administration’s plans to introduce a global minimum corporate tax rate, while bringing benefits to the world economy, will have a crushing effect on economies such as Ireland, which has used low corporate tax rates as an engine of economic growth, writes Anna Guildea Read more

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