Overview
- A critical appraisal of economic thinking in relation to regional trade agreements and monetary integration
- Addresses issues of a liquidity trap, deflation, the twin deficit issue, together with the interconnection between exchange rates and current account balances
- Explores economic developments across Europe in relation to its apparent segmentation as disparities widen between core and periphery countries
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About this book
This book explores economic developments across Europe in relation to its apparent segmentation, as disparities widen between core and periphery countries. In contrast to previous literature, the scope of analysis is extended to Europe as a continent rather than confining it solely to the European Union, thereby providing the reader with greater insight into the core/periphery nexus. The authors commence with a critical appraisal of economic thinking in relation to regional trade agreements and monetary integration. In relation to a number of EU economies, the book addresses issues of a liquidity trap, deflation, and twin deficits, together with the interconnection between exchange rates and current account balances. Importantly, they extend the discussion of segmentation through a series of focused case studies on Russia, Brexit and emergence of the mega-regionals.
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Keywords
- European Economics
- the European Union (EU)
- Global Financial Crisis
- Great Recession
- Eurozone
- Optimum Currency Areas
- Keynesian Economics
- Expansionary monetary policy
- Bretton Woods
- Classical Gold Standard
- ERM membership
- twin deficit hypothesis
- 2014 Russia–Ukraine conflict
- Belt and Road Initiative
- Segmentation of Europe
- European Monetary Union
- EMU
- Eurozone crisis
- EU trade policy
- european union politics
Table of contents (11 chapters)
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Front Matter
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The Economics of Integration and Policy
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Front Matter
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Eurozone Core and Periphery Dilemmas
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Front Matter
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European Core and Periphery Dilemmas
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Front Matter
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Back Matter
Authors and Affiliations
About the authors
Mark Baimbridge is Senior Lecturer in Economics at the University of Bradford, UK. His main research area is the economics of European integration.
Ioannis Litsios is Lecturer in Economics at the University of Bradford, UK. His teaching and research interests focus on Dynamic Macroeconomics and International Finance.
Karen Jackson is Senior Lecturer in Economics at the University of Bradford, UK. Her teaching and research interests focus on microeconomics with a focus on international trade.
Uih Ran Lee is Lecturer in Economics at the University of Bradford, UK. Her research interests lie in International Economics, Conflict Economics and Applied Econometrics.
Bibliographic Information
Book Title: The Segmentation of Europe
Book Subtitle: Convergence or Divergence between Core and Periphery?
Authors: Mark Baimbridge, Ioannis Litsios, Karen Jackson, Uih Ran Lee
DOI: https://doi.org/10.1057/978-1-137-59013-8
Publisher: Palgrave Macmillan London
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017, corrected publication March 2018. 2017
Hardcover ISBN: 978-1-137-59012-1Published: 21 November 2017
eBook ISBN: 978-1-137-59013-8Published: 11 November 2017
Edition Number: 1
Number of Pages: XIV, 300
Number of Illustrations: 13 b/w illustrations, 18 illustrations in colour
Topics: European Integration, European Union Politics, European Economics, Economic Policy, Social Policy