Introduction: Europe, the euro and a crisis Europe, the European union and the euro
The road to the euro
Fiscal and monetary policy in the euro zone
The crisis
Europe in the wake of the global financial crisis
Outline of this book
A financial and economic crisis in Greece
Introduction
The incubation of modern Greece
The economy in the eighties and early nineties
Fiscal Policy
Monetary policy and financial deregulation
The macroeconomic environment
Slowing productivity growth as a prelude to access to the euro
On the statistics provided by the Greek government
Access to the European monetary union
An apparent boom
Dynamic of the crisis in Greece
Ireland: from prosperity to crisis
Introduction
A condensed pre-history of Ireland's economy
The post war history of the Irish economy
Ideas
Actors
Action and Policy changes
1966-1973
1970s and 1980s
Context
Politics and policies
The Celtic Tiger 1993-2007
A blueprint for economic growth
Results
The onset of the crisis
A hiccough
Real estate and a few prophets
How the real estate boom came to an abrupt pause
A dynamic of the crisis in Ireland
Spain, the euro and a crisis
Introduction
Spain before 2007
The financial situation of Spain in 2007
The real estate bubble in Spain, 1997-2008: spurious explanatio
About the Author:
Roderick Macdonald is Professor of Management and Technology at the École des sciences de la gestion, Université du Québec à Montréal, Canada. He has published books and articles on business strategy in new industries, fundamental economic notions used in business and moral analysis in management. His previous book with Palgrave Macmillan is Genesis of the Financial Crisis.
