Austerity and Growth in Europe: Germany’s Impossible Mission
Article
Fouskas, V. and Roy-Mukherjee, S. 2017. Austerity and Growth in Europe: Germany’s Impossible Mission. Croatian Political Science Review. 53 (4), pp. 7-29.
Authors | Fouskas, V. and Roy-Mukherjee, S. |
---|---|
Abstract | This article provides a critique of neo-liberal, supply-side austerity policies as they unfold asymmetrically in the EU/Euro-zone and beyond. The main argument advanced is that, contrary to claims by the European Commission and Germany’s elite, growth and austerity are incompatible policy magnitudes. The Euro-zone constitutes the worst form of Gold Standard from which countries cannot escape and advance the imperative of domestic growth as external devaluation and import-substitution are no-options. The article shows neo-liberal austerity is currently being implemented via authoritarian forms of governance from above while cultivating racist and xenophobic movements from below. |
Keywords | Austerity; Debt; Growth; Eurozone; Germany |
Journal | Croatian Political Science Review |
Journal citation | 53 (4), pp. 7-29 |
ISSN | 0032-3241 |
1846-8721 | |
Year | 2017 |
Publisher | Faculty of Political Science, HR-10000 Zagreb, Lepušićeva 6 |
Publisher's version | License File Access Level Anyone |
Web address (URL) | http://hrcak.srce.hr/177254 |
Publication dates | |
13 Mar 2017 | |
Publication process dates | |
Deposited | 17 Mar 2017 |
Accepted | 25 Feb 2017 |
Copyright information | © 2017 The authors. |
Permalink -
https://repository.uel.ac.uk/item/84wvq
Download files
Publisher's version
Politicka_misao_4_16_7_29_FOUSKAS_MUKHERJEE.pdf | ||
License: CC BY-NC-ND 4.0 | ||
File access level: Anyone |
214
total views110
total downloads2
views this month2
downloads this month
Export as
Related outputs
Background to Polycrisis: Origins of the Chinese Ascendancy
Fouskas, V. 2025. Background to Polycrisis: Origins of the Chinese Ascendancy. in: Talani, L. S. and Cafruny, A. (ed.) Globalization in a Turbulent Era Edward Elgar Publishing. pp. 63-85Tokenism and the Concrete Ceiling: Navigating Racial and Gender Disparities in the Experiences of Black Female Police Officers
Adisa, T. A., Gbadamosi, G., Lashmore, T. and Roy-Mukherjee, S. 2025. Tokenism and the Concrete Ceiling: Navigating Racial and Gender Disparities in the Experiences of Black Female Police Officers. Gender, Work and Organization. p. In press. https://doi.org/10.1111/gwao.13260Re-routing Globalisation: Polycrisis, Europe’s Decline and the Crisis of Atlanticism
Cafruny, A. W. and Fouskas, V. 2025. Re-routing Globalisation: Polycrisis, Europe’s Decline and the Crisis of Atlanticism. in: Biller, A. (ed.) Critical Political Economy of the European Polycrisis Edward Elgar Publishing. pp. In pressCyprus 1974: Anatomy of an Invasion
Fouskas, V. 2024. Cyprus 1974: Anatomy of an Invasion. London Taylor & Francis.The Melanoma of Cyprus: The responsibilities of Konstantinos Karamanlis and Evangelos Averoff for the Cyprus tragedy / Το Μελάνωμα της Κύπρου: Οι ευθύνες των Κωνσταντίνου Καραμανλή και Ευάγγελου Αβέρωφ για την κυπριακή τραγωδία
Fouskas, V. Asimakopoulou, D. (ed.) 2024. The Melanoma of Cyprus: The responsibilities of Konstantinos Karamanlis and Evangelos Averoff for the Cyprus tragedy / Το Μελάνωμα της Κύπρου: Οι ευθύνες των Κωνσταντίνου Καραμανλή και Ευάγγελου Αβέρωφ για την κυπριακή τραγωδία. EPICENTER.Political Economy of Türkiye’s Pivot to Asia
Fouskas, V., Gonenc, D., Huang, Q. A. and Ünlüsoy, S. 2024. Political Economy of Türkiye’s Pivot to Asia. Turkish Studies. 25 (5), pp. 857-881. https://doi.org/10.1080/14683849.2024.2371002Europe, the World Economy and New Imperial Grossraums
Cafruny, A. and Fouskas, V. 2024. Europe, the World Economy and New Imperial Grossraums. Socialist Register. 60.Developing Employability Skills through Practice-Based Learning
Boahen, E., Roy-Mukherjee, S., Ambe, E. and Tuffour, J. 2023. Developing Employability Skills through Practice-Based Learning. in: Lawton, A., Morgan, A., Massey, D. and Castelyn, D. (ed.) International Handbook on Clinical Tax Education London, UK University of London Press for the Institute of Advanced Legal Studies. pp. 220-239Greece: The Return of the Right
Asimakopoulos, V. and Fouskas, V. 2023. Greece: The Return of the Right. The Political Quarterly. 94 (4), pp. 662-667. https://doi.org/10.1111/1467-923X.13339Re-evaluating Turkey’s global relationships and its shift toward the South-East Asian region
Roy-Mukherjee, S. and Udeogu, E. 2023. Re-evaluating Turkey’s global relationships and its shift toward the South-East Asian region. Journal of Global Faultlines. 10 (1), pp. 88-101. https://doi.org/10.13169/jglobfaul.10.1.0088Ukraine, Multipolarity and the Crisis of Grand Strategies
Cafruny, A., Fouskas, V., Mallinson, W. D. E. and Voynitsky, A. 2023. Ukraine, Multipolarity and the Crisis of Grand Strategies. Journal of Balkan and Near Eastern Studies. 25 (1), pp. 1-21. https://doi.org/10.1080/19448953.2022.2084881Ukraine, Europe, and the re-routing of Globalization
Cafruny, A. and Fouskas, V. 2023. Ukraine, Europe, and the re-routing of Globalization. Journal of Balkan and Near Eastern Studies. 26 (1), pp. 1-22. https://doi.org/10.1080/19448953.2023.2197635Economic Drivers of Turkey’s Foreign Policy and the Issue of “Strategic Autonomy” (Sub-Imperialism)
Fouskas, V. 2023. Economic Drivers of Turkey’s Foreign Policy and the Issue of “Strategic Autonomy” (Sub-Imperialism). Yaşar University Centre for Mediterranean Studies.