Jorge Garcia-Arias, Eduardo Fernandez-Huerga, Ana Salvador: European Periphery Crises, International Financial Markets, and Democracy: Moving Towards a Globalized Neofeudalism?

This paper analyzes the origin and causes of the recent economic and financial crises, mainly for the countries located in the periphery of the European Union (EU), as well as their evolution and transformation into social, political, and institutional crises.
After explaining the differential impact of the crises on EU member economies mand critically analysing the unsuccessful orthodox neoclassical policies more

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