Ricerc@Sapienza

After decades of economic integration and EU enlargement, the economic geography
of Europe has shifted, with new peripheries emerging and the core
showing signs of fragmentation. This book examines the paths of the core and
peripheral countries, with a focus on their diverse productive capabilities and
their interdependence.
Crisis in the European Monetary Union: A Core-Periphery
Perspective provides
a new framework for analysing the economic crisis that has shaken the
Eurozone countries. Its analysis goes beyond the short-term,
to study the medium
and long-term
relations between ‘core’ countries (particularly Germany) and
Southern European ‘peripheral’ countries. The authors argue that long-term
sustainability means assigning the state a key role in guiding investment, which
in turn implies industrial policies geared towards diversifying, innovating and
strengthening the economic structures of peripheral countries to help them
thrive.
Offering a fresh angle on the European crisis, this volume will appeal to students,
academics and policymakers interested in the past, present and future construction
of Europe.