Abstract :
[en] This special issue has two main aims: to examine the contribution of
political economy analyses of the sovereign debt crisis and to relate these
findings to longstanding debates in the sub-disciplines of comparative
political economy, international political economy and European economic
governance. This introduction begins by reviewing the comparative
political economy literature on national financial systems in order to
account for the playing out of the crisis. It then examines the international
political economy literature on the International Monetary Fund (IMF) and
financial (sovereign debt) markets that played such a key role in the
unfolding of the sovereign debt crisis. Finally, it outlines longstanding
academic debates on the main ’asymmetries’; in European economic
governance, and provides a critical overview of the three main policy and
institutional reforms adopted by European Union governments in response
to the crisis.
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