... substantive choice is well illustrated by the Greek crisis. Since its first bailout in May 2010, Greece has held four general elections and a referendum. Yet, the anti-austerity preferences of the Greek ...
2.
Austerity on the loose in Portugal: European judicial restraint in times of crisis
(Francisco Pereira Coutinho/Essay)
(Francisco Pereira Coutinho/Essay)
The international bailout granted to Portugal between 2011 and 2014 was conditional on the adoption by the Portuguese State of austerity measures included in a memorandum of understanding (MoU) signed ...
3.
The emergence of New Economic Governance and its impact on Services of General Economic Interest
(Marta Legnaioli/Essay)
(Marta Legnaioli/Essay)
This paper evaluates the impact of austerity measures on national social protection mechanisms and on the European Social Model. The study is based on an in-depth analysis of austerity measures adopted ...
4.
Eurocrisis and Regional States: New trends in the European Regional Policy and the Regions’ future
(Maribel González Pascual/Essay)
(Maribel González Pascual/Essay)
This article focuses on the impact of the Eurocrisis on Regions and the role played by the European Regional Policy. Budget constraints and austerity measures determine to a large extent social policies, ...
5.
Macroeconomic Imbalances in the Euro Area and Policy Intervention: the Role of Trade with Emerging Economies
(Piero Esposito/Essay)
(Piero Esposito/Essay)
... in Italy and France. Hence, we conclude that coordinated and symmetrical measures to improve the competitiveness of deficit countries can be a substitute for austerity policies to reduce the debt to GDP ...
6.
Implementing fiscal decentralization in Italy between crisis and austerity: Challenges ahead
(Stefano Piperno/Essay)
(Stefano Piperno/Essay)
Since 2010 the Italian central government has embarked on a challenging program of fiscal consolidation, which is hugely affecting sub-central government finances. Sub-national governments are involved ...