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An ‘economics’ window on an interdisciplinary crisis

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  • Jones, Erik
  • Torres, Francisco

Abstract

The euro area crisis cannot be understood without combining insights from a variety of disciplines — economics and political science first and foremost. This introduction aims at explaining how the essays in this collection map onto a number of important debates in political science. We sketch four well-known areas for the political science community: the framework for multilevel governance, the role of ideas in policymaking, the interaction between power politics and distributive bargaining, and the challenge of popular legitimation. These critical themes in the current crisis are important areas of overlap in economic and political analysis. Hence, the aim of this introduction is to show how these themes emerge in the essays that follow.

Suggested Citation

  • Jones, Erik & Torres, Francisco, 2015. "An ‘economics’ window on an interdisciplinary crisis," LSE Research Online Documents on Economics 65332, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:65332
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    File URL: http://eprints.lse.ac.uk/65332/
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    References listed on IDEAS

    as
    1. Dyson, Kenneth & Featherstone, Kevin, 1999. "The Road To Maastricht: Negotiating Economic and Monetary Union," OUP Catalogue, Oxford University Press, number 9780198296386.
    2. André Sapir & Guntram B. Wolff, 2015. "Euro-area governance- what to reform and how to do it," Policy Briefs 870, Bruegel.
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    Cited by:

    1. Loewald, Christopher & Wörgötter, Andreas, 2019. "Do monetary unions dream of structural reforms?," ECON WPS - Working Papers in Economic Theory and Policy 01/2019, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    2. Annette Bongardt & Francisco Torres, 2016. "EMU Reform and Resilience in a Re-Dimensioned EU," Politica economica, Società editrice il Mulino, issue 3, pages 575-595.

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    More about this item

    Keywords

    economics and politics; multilevel governance; the role of ideas; power politics and distributive bargaining; popular legitimation;
    All these keywords.

    JEL classification:

    • N0 - Economic History - - General

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