The Political Economy of the Eurozone

Ivano Cardinale is Lecturer in Economics at Goldsmiths, University of London and Visiting Fellow of Clare Hall, Cambridge. At Goldsmiths, he teaches macroeconomics and methods of economic analysis. He also teaches history of economic thought in the Faculties of Economics and History of the University of Cambridge. D'Maris Coffman is Senior Lecturer in Economics, The Bartlett School, University College London, and Honorary Fellow of the Cambridge Endowment for Research in Finance at Judge Business School, Cambridge. She is a Managing Editor (along with Professor Scazzieri) of Structural Change and Economic Dynamics, an Associate Editor of Economia Politica: Journal of Analytical and Institutional Economics, and Senior Editor of Palgrave Studies in the History of Finance. Roberto Scazzieri is Professor of Economic Analysis at Universit... degli Studi, Bologna, Italy, and Fellow of the National Lincei Academy, Rome. He is also Senior Member of Gonville and Caius College, Cambridge and Life Member of Clare Hall, Cambridge. His intellectual biography has been included in volume I of The Makers of Modern Economics (edited by A. Heertje, 1993), together with the biographies of Partha Dasgupta, Takashi Negishi, Ariel Rubinstein, Richard Selten and Joseph Stiglitz.

• 1. The Eurozone as a political economy field Ivano Cardinale, D'Maris Coffman and Roberto Scazzieri; Part I. Comparative Historical and Institutional Perspectives: 2. Fiscal states and sovereign debt markets: a new paradigm for apprehending historical structural change D'Maris Coffman; 3. From sovereign nations to federal states. Creating stable systems of public finance in America and Germany: lessons for the Eurozone James Macdonald; 4. An historical perspective on the European crisis: the Latin Monetary Union Luca Einaudi; 5. Conditionality, fiscal rules and international financial control in the European periphery before 1914 Ali Coşkun Tunçer; 6. Snakes and ladders: navigating European monetary union Duncan Needham; Part II. Multi-Level Interdependencies: 7. Liquidity architectures and production arrangements: a conceptual scheme Roberto Scazzieri; 8. Political economy and the constitution of Europe's polity: pathways for the common currency beyond neo-functional and ordo-liberal models Adrian Pabst; 9. Sectoral interests and 'systemic interest': towards a structural political economy of the Eurozone Ivano Cardinale; Part III. Political Economy of Structural Governance: 10. The German growth model, transnationalization and European imbalances Finn Marten Körner and Hans-Michael Trautwein; 11. Exploring sectoral conflicts of interests in the Eurozone: a structural political economy approach Ivano Cardinale and Michael Landesmann; 12. The impact of economic crisis on Eurozone manufacturing Marco Fortis; 13. Fiscal systems and fiscal union: historical variety and policy challenges D'Maris Coffman and Ali Kabiri; 14. China's investment in the Eurozone: a policy view Yuning Gao; 15. Eurobonds for EMU stability and structural growth Alberto Quadrio Curzio; 16. How false beliefs about exchange rate regimes threaten global growth and the existence of the Eurozone William White; Part IV. Framing the Eurozone: 17. Framing the Eurozone: heuristics for analysis and policy Ivano Cardinale, D'Maris Coffman and Roberto Scazzieri.

'This wide-ranging collection of essays brings a new level of sophistication to the analysis of the Eurozone. It considers the complex interrelationships of past and present, of different levels of aggregation and varying interests, to offer an original and searching approach to a vital topic.' Martin Daunton, University of Cambridge