The current economic and debt crisis in eurozone and crisis of grand theories of European integration
Bibliographic Data
| ID | 7800670 |
|---|---|
| Authors | Dušan Leška (The Institute of European Studies and International Relations, Faculty of Social and Economic Sciences, Comenius University, Bratislava, Mlynské luhy 4, 821 05, Bratislava, Slovakia, corresponding author) |
| Year | 2013 |
| Volume | 23 |
| Issue | 3 |
| Pages | 429-442 |
| Publication date | 2013-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Human Affairs (JOURNAL) |
| Journal identifiers | ISSN: 1210-3055 • E-ISSN: 1337-401X |
| Publisher | Walter de Gruyter GmbH (PUBLISHER • DE) |
| DOI | 10.2478/s13374-013-0139-z |
| OpenAlex | W2008577215 |
| Language | EN |
| Citations received | 1 |
| References cited | 11 |
The economic and debt crisis threaten many eurozone countries and the very existence of the common currency, the euro. The crisis has meant that some special mechanisms have had to be created (EFSF, ESM) and the introduction of special procedures in heavily indebted countries. The deepening of the crisis and the economic recession in the euro area have resulted in the growth of nationalism and anti-European sentiments in EU member states. Resolving the crisis, however, requires further convergence of the eurozone countries, the formation of a fiscal union and a banking union. At the same time, the crisis has shown that the grand theories of European integration, neo-functionalism and liberal intergovernmentalism, have failed to provide answers to the questions raised by the crisis, and this has led to the growing importance of social constructivism
Currency · Currency crisis · Currency union · Debt · Debt crisis · Economics · European debt crisis · European integration · European union · Financial crisis · Intergovernmentalism · International economics · Keynesian economics · Maastricht Treaty · Macroeconomics · Optimum currency area · Political economy · Political science · Recession · European Union Policy and Governance · Global Financial Regulation and Crises · Social Policy and Reform Studies
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.17 |
| Citation span | 2020 - 2020 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |