European and Latin American Experiences
New Directions in Post-Keynesian Economics series
Edited by Noemi Levy and Etelberto Ortiz
Chapter 2: The big financial crisis and the European economic adjustment: a road toward the strengthening of the neoliberal agenda
In the chapter, ‘The big financial crisis and the European economic adjustment: a road towards the strengthening of the neoliberal agenda,’ the authors argue that the institutional design of the eurozone does not allow for the deployment of fiscal and monetary policies to overcome the crisis, which raises the need for a thorough analysis of European integration in terms of macroeconomic and social aspects, accompanied by an assessment of the economic policies necessary to restore growth.
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