Politics and markets - European political economy and the global financial crisis

4 important questions on Politics and markets - European political economy and the global financial crisis

How did the crisis help the rise of anti-establisment parties

People saw the goverment as sacrifising their people to the intrest of the rich and foreign banks at the behest of the EU and the ECB

Which EU countries were hit the hardest by the crisis?

Those associated with Mediterranean capitalism and those who globalized large sections of there economies

What did countries who were hit by the crisis have to do?

Austerity, and they got bail-outs
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How did the crisis impact East-Europian countries?

Banks were just as interntationalized and reacted as Western Banks, manufactured goods reduced because of less global demand, these states became more neoliberal, more populisme and less welfarestate

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