Mourlon-Druol, E., (2014), “Don’t Blame the Euro: Historical Reflections on the Roots of the Eurozone Crisis”, West European Politics, Vol. 37, Issue 6, pp. 1282-1296. The article argues that many of the issues that are causing trouble in the eurozone today had long been debated, but not solved, prior to the beginning of the so-called euro crisis. Three thematic examples are used to show this: the decade-long discussion surrounding economic …Read More

Matthijs, M. & McNamara K., (2015), “The Euro Crisis’ Theory Effect: Northern Saints, Southern Sinners, and the Demise of the Eurobond”, Journal of European Integration, Vol. 37, Issue 2, pp. 229-245. Of the multiple narratives EU policymakers could have chosen at the onset of the euro crisis, why did austerity and structural reform win out over other plausible cures for member states’ problems? Arguably, sovereign debt pooling or more federalized …Read More

Ryner, M., (2015), “Europe’s ordoliberal iron cage: critical political economy, the euro area crisis and its management”, Journal of European Public Policy, Vol. 22, Issue 2, pp.275-294. Orthodox integration scholarship failed to identify the factors leading to the euro area (EA) economic and financial crisis because of weaknesses that Horkheimer identified in ‘traditional’ theory: disciplinary splits and a tendency to idealize from particular instrumental perspectives. By contrast, critical political economy …Read More