This book explores economic developments across Europe in relation to its apparent segmentation, as disparities widen between core and periphery countries. In contrast to previous literature, the scope of analysis is extended to Europe as a continent rather than confining it solely to the European Union, thereby providing the reader with greater insight into the core/periphery nexus. The authors commence with a critical appraisal of economic thinking in relation to regional trade agreements and monetary integration. In relation to a number of EU economies, the book addresses issues of a liquidity trap, deflation, and twin deficits, together with the interconnection between exchange rates and current account balances. Importantly, they extend the discussion of segmentation through a series of focused case studies on Russia, Brexit and emergence of the mega-regionals.

Autorentext

Mark Baimbridge is Senior Lecturer in Economics at the University of Bradford, UK. His main research area is the economics of European integration.

Ioannis Litsios is Lecturer in Economics at the University of Bradford, UK. His teaching and research interests focus on Dynamic Macroeconomics and International Finance.

Karen Jackson is Senior Lecturer in Economics at the University of Bradford, UK. Her teaching and research interests focus on microeconomics with a focus on international trade.

Uih Ran Lee is Lecturer in Economics at the University of Bradford, UK. Her research interests lie in International Economics, Conflict Economics and Applied Econometrics.

Inhalt
Chapter 1. Segmentation Across Europe.- Part I. The Economics of Integration and Policy.- Chapter 2. Theoretical Foundations of European Economic Integration.- Chapter 3. Theoretical Foundations and Policy Responses of Contemporary Economic Crises.- Chapter 4. International Monetary Systems in Historical Perspective.- Part II. Eurozone Core and Periphery Dilemmas.- Chapter 5. The Eurozone Crisis: Current Account Imbalances, Budget Deficits and National Debt.- Chapter 6. The Relationship between Current Account and Budget Deficits: Evidence from the Eurozone.- Chapter 7. The Relationship between the Real Exchange Rate and Current Account Imbalances in the Eurozone.- Part III. European Core and Periphery Dilemmas.- Chapter 8. The Political Economy of EU Trade Policy: Energy and Agricultural Trade with Russia.- Chapter 9. Alternative UK Trade Relationships Post-Brexit.- Chapter 10. Changing Tides: Geopolitics and Global Trade Blocs.