Stateness And Sovereign Debt

This book examines the present crisis of Greece's political economy as a crisis of stateness, tackling the domestic as well as the international dimensions. It represents the first attempt by Greek academics to put forward a theoretically-informed, interdisciplinary analysis of Greece's fiscal, economic, and political crisis. The approach aims to fill a major gap, combining insights from comparative politics, political economy, international relations theory, and legal-institutional analysis, in a theoretically informed account of the Greek case in comparative and theoretical perspective. The book tackles the issue of the possible next steps for the EU under the influence of the crisis of the eurozone, including a thorough analysis of national sovereignty seen from a domestic and an international point of view, focusing on critical processes in the international arena such as interdependency and dependency, while a legal-institutional chapter demonstrates the erratic way in which Greek government dealt with sovereign debt. The project comes at the right time in order to address a highly contentious chapter in the political development of the Greek state and of the European South. As the crisis in the eurozone's weaker periphery unfolds, Lavdas, Litsas, and Skiadas use the Greek crisis in order to address a much larger and critical issue: the role and predicament of stateness in the developing EU.

This book examines the present crisis of Greece’s political economy as a crisis of stateness, tackling the domestic as well as the international dimensions. It represents the first attempt by Greek academics to put forward a theoretically-informed, interdisciplinary analysis of Greece’s fiscal, economic, and political crisis. The approach aims to fill a major gap, combining insights from comparative politics, political economy, international relations theory, and legal-institutional analysis, in a theoretically informed account of the Greek case in comparative and theoretical perspective. The book tackles the issue of the possible next steps for the EU under the influence of the crisis of the eurozone, including a thorough analysis of national sovereignty seen from a domestic and an international point of view, focusing on critical processes in the international arena such as interdependency and dependency, while a legal-institutional chapter demonstrates the erratic way in which Greek government dealt with sovereign debt. The project comes at the right time in order to address a highly contentious chapter in the political development of the Greek state and of the European South. As the crisis in the eurozone’s weaker periphery unfolds, Lavdas, Litsas, and Skiadas use the Greek crisis in order to address a much larger and critical issue: the role and predicament of stateness in the developing EU.

This book examines the continuities and substantial transformations in Greek foreign policy before the beginning and during the unfolding of the economic crisis. Although up until now, significant attention has been cast on the rise of the neo-Nazi movement, the abuses and dysfunctions of the Greek economy, and the immense social ramifications of unemployment, less is understood about the impact on Greek diplomacy and foreign policy. This collective work not only attempts to delineate future trends in Greek foreign policy, but also seeks to explore the current events that resemble more a Greek tragedy than the systemic challenges that every nation has to face. This edited volume, quite original in its field of analysis, will be of interest to International Relations academics, foreign policy professionals, Politics and Economic students and the general public who follow developments pertaining to Greece and the European Union, as well theoretical debates surrounding International Relations.

Since its sovereign debt crisis in 2009, Greece has been living under austerity, with no apparent end in sight. This volume explores the effects of policies pursued by the Greek state since then (under the direction of the Troika), and how Greek society has responded. In addition to charting the actual effects of the Greek crisis on politics, health care, education, media, and other areas, the book both examines and challenges the “crisis” era as the context for changing attitudes and developments within Greek society.

This book provides a new understanding of the eurozone crisis across three of the worst hit cases: Greece, Portugal, and Ireland. In contrast to accounts which stress the ‘immaturity’ of the European ‘periphery’, as well as more critical narratives that understand these countries as victims of German and core ‘economic domination’, this book recognises that individual peripheral countries have followed dramatically different paths to crisis, making it difficult to speak of the eurozone crisis as a single phenomenon. Bringing literature from Comparative Political Economy into dialogue with scholarship on Europeanisation, this book contributes the concept of ‘divergence via Europeanisation’. It explores the much-overlooked ways in which the negotiation of a ‘one size fits all’ project of European financial integration has been generative of precarious patterns of economic growth across Greece, Portugal, and Ireland. The book shows that far from their failure or inability to do so, it has been the European periphery’s attempt to ‘follow the rules’ of European integration that explains their current difficulties. This novel understanding of the eurozone crisis should appeal to students and scholars in International Political Economy, European and European Union Studies, Comparative Political Economy, Irish Politics, Greek Politics, and Portuguese Politics.

This book assesses the relationship between cosmopolitanism and sovereignty. Often considered to be incompatible, it is argued here that the two concepts are in many ways interrelated and to some extent rely on one another. By introducing a novel theory, the work presents a detailed philosophical analysis to illustrate how these notions might theoretically and practically work together. This theoretical inquiry is balanced with detailed empirical discussion highlighting how the concepts are related in practice and to expose the weaknesses of stricter interpretations of sovereignty which present it as exclusionary. Finally, the book looks at territorial disputes to explore how sovereignty and cosmopolitanism can successfully operate together to deal with global issues. The work will be of interest to academics and researchers in the areas of Legal Philosophy, Legal Theory and Jurisprudence, Public International Law, International Relations and Political Science.

This book offers a broad perspective of revolutionary territorial politics by putting secession in the context of other forms of revolutionary territorial politics. This allows for a more complex and profound account of secession and offers the reader a conceptual approach to politics of revolutionary discontent with territorial status quo. Second, the book provides a multidiscoursive approach which combines the efforts of constitutional and comparative constitutional law scholars with international lawyers, EU lawyers and specialists in international relations. This allows for multifaceted and, in that regard, more adequate, balanced and rich analysis of secession and the other forms of revolutionary territorial politics.

This contributed volume explores the political economy and socioeconomic aspects of the Greek Financial Crisis both within the country's borders and as part of the global economy. With chapters authored by international experts, this book examines and explicitly deals with specific and important issues that have been ignored by the dominant socioeconomic theory and practice, which have largely focused on the causes and broad economic consequences of the crisis. Discussions include the efficacy of new EU institutions created to address the crisis, the rise of unregistered economic activity, and comparisons with financial crises in countries beyond Europe. This diverse collection argues that the Greek Financial Crisis was not just an economic crisis, but a political and social crisis as well, one with repercussions beyond Europe.