Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction

Volume: 19 Number: 2 July 1, 2014
  • Ziya Öniş
EN

Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction

Abstract

The over-ambitious nature of the book and the sweeping nature of some its statements also open it to criticism. For example, the link between the emerging “global fault lines” and the Greek crisis needs further elaboration to convince the sceptics. A central question that comes to mind is whether the “global” element is overplayed given the highly differential impact of the eurozone crisis, both on its Southern and Eastern periphery. How do we explain the fact that Poland has emerged quite strong from the eurozone crisis? Similarly, how do we account for the fact that countries like Spain and Italy, although deeply affected by the eurozone crisis, did not experience the same degree of collapse and disintegration as in the case of Greece? Another issue to be raised is whether the authors are too dismissive of the European integration project. We should not underestimate the enormous benefits brought upon by the process of European integration on the countries of the European periphery, especially on the path to full-membership, in terms of economic development and the consolidation of liberal democratic norms. The transformative impact of the EU has been tremendous both in Southern Europe and the Eastern Europe at different times. Even Turkey, a unique case with uncertain membership prospects, has benefited

Details

Primary Language

English

Subjects

-

Journal Section

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Authors

Ziya Öniş This is me

Publication Date

July 1, 2014

Submission Date

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Acceptance Date

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Published in Issue

Year 2014 Volume: 19 Number: 2

APA
Öniş, Z. (2014). Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction. PERCEPTIONS: Journal of International Affairs, 19(2), 159-174. https://izlik.org/JA88CA68MX
AMA
1.Öniş Z. Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction. PERCEPTIONS. 2014;19(2):159-174. https://izlik.org/JA88CA68MX
Chicago
Öniş, Ziya. 2014. “Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction”. PERCEPTIONS: Journal of International Affairs 19 (2): 159-74. https://izlik.org/JA88CA68MX.
EndNote
Öniş Z (July 1, 2014) Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction. PERCEPTIONS: Journal of International Affairs 19 2 159–174.
IEEE
[1]Z. Öniş, “Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction”, PERCEPTIONS, vol. 19, no. 2, pp. 159–174, July 2014, [Online]. Available: https://izlik.org/JA88CA68MX
ISNAD
Öniş, Ziya. “Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction”. PERCEPTIONS: Journal of International Affairs 19/2 (July 1, 2014): 159-174. https://izlik.org/JA88CA68MX.
JAMA
1.Öniş Z. Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction. PERCEPTIONS. 2014;19:159–174.
MLA
Öniş, Ziya. “Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction”. PERCEPTIONS: Journal of International Affairs, vol. 19, no. 2, July 2014, pp. 159-74, https://izlik.org/JA88CA68MX.
Vancouver
1.Ziya Öniş. Book Reviews - Greece, Financialization and the EU: The Political Economy of Debt and Destruction. PERCEPTIONS [Internet]. 2014 Jul. 1;19(2):159-74. Available from: https://izlik.org/JA88CA68MX