Stigma, hierarchy, and the Eurozone
Bibliographic Data
| ID | 7989591 |
|---|---|
| Authors | Philip Giurlando (0000-0003-3518-8261, Trent University, corresponding author) |
| Year | 2021 |
| Volume | 23 |
| Issue | 5 |
| Pages | 679-697 |
| Publication date | 2021-05-25 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | European Politics and Society (JOURNAL) |
| Journal identifiers | ISSN: 2374-5126 • E-ISSN: 2374-5118 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/23745118.2021.1928818 |
| OpenAlex | W3165015021 |
| Language | EN |
| Citations received | 4 |
| References cited | 39 |
Most attempts to understand the inter-state politics of the Eurozone with the insights of International Relations (IR) theory have examined the question of whether hegemonic stability theory explains the currency's political structure. The underlying social contract assumptions of this framework, this paper argues, exaggerate the amount of consent in the operation of hierarchy and the supposed benefits provided by leading states. Rather, the Eurozone's power hierarchy operates in a more diffuse, decentralized, and unintentional manner. Norms play a decisive role in these types of hierarchies, particularly as they influence financial markets which then pressure secondary states. The analysis makes the following contributions to the field of IR. First, it contributes to the literature that observes how hierarchies can operate without authority – in a decentralized, informal manner – via norms or benchmarks which stigmatize secondary states and pressure them to conform to the leading state. Second, it shows how market actors can be a key mediating variable between international hierarchy, norms, and state-behaviour. Third, it contributes to revealing the deep structures of international politics in a way that moves beyond the binary assumption of international orders as being either anarchical or authority-based
Economic system · Economics · Hegemony · Hierarchy · International relations · International relations theory · Law and economics · Political science · Politics · Positive economics · Sociology · State (computer science · Computer Science · European Union Policy and Governance · Global Financial Crisis and Policies · Law · Political Influence and Corporate Strategies
Opting Out of the European Union
The Currency of Ideas
The Retreat of the State
Politics Among Nations
Are We ‘Lazy Greeks’ or ‘Nazi Germans’?
The Struggle for Order
What made the modern world hang together
Hegemonic leadership is what states make of it
Managing and transforming policy stigmas in international finance
The Maastricht Treaty at Twenty
Growing Pains? Rethinking the ‘Immaturity’ of the European Periphery
The Maastricht Treaty, Economic and Monetary Union and the neo-realist research programme
Governing the world at a distance
The assumption of anarchy in international relations theory
Germany and the Eurozone Crisis
Europe's ordoliberal iron cage
France’s déclassement in the Eurozone
Mission Impossible? The Potential for Franco–German Leadership in the Enlarged EU
Rightful Rules
Norms and Social Hierarchies
Structural power
Common-sense Constructivism and Hegemony in World Politics
Hierarchies in World Politics
Stigma Management in International Relations
EMU and economic governance in Germany
Taking the pressure
The Enduring Place of Hierarchy in World Politics
Hegemony, Dominance or Leadership
Bad science
Power in International Politics
International political authority
Relational Authority and Legitimacy in International Relations
| Unique citing works | 4 |
|---|---|
| Citations per year | 1 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 4 |