Financial Crisis in the European Union: The Cases of Greece and Ireland.

Assignment Requirements

 

In 13,000 words to 15,000 words, write a dissertation on the topic: Financial Crisis in the European Union: The Cases of Greece and Ireland.

Financial Crisis in the European Union: The Cases of Greece and Ireland.

You should also start by reading the Lapavitsas book on the Euro-crisis, and follow some of the references etc.  Also look at likes of Colin Hay, Ben Rosamond, Andy Storey, Laura Horn, the Amsterdam group (van Apeldoorn, Overbeek etc) and also Corporate Europe Observatory, Transnational Institute etc.  You may also want to look at some of the mainstream and heterodox economists on this such as Stiglitz, Krugman, Roubini, Harvey and journals such as Real World Economics Review, New Economic Perspectives etc and web sources such as Project Syndicate.  Also check out journals such as New Political Economy, Review of International Political Economy, Historical Materialism, Capital and Class, Antipode (2010 SI on crisis) etc.  There is also a book by Jurgen Habermas on this topic.

I would like you to look into: First area in which the experience of each state has had with the crisis and subsequent bailouts; the second, austerity measures taken as a result of the crisis; and the third, resulting national level political change in both Greece and Ireland including negative shifts in public opinion about each state’s participation in the single currency and how this opinion may affect the national elections.

 

The study should be based on the experiences of both Greece and Ireland as very different members of the single currency. To what extent was there support for the euro in both countries in the past? To what extent is there support in 2011 after the near collapse of both economies and the rescue packages brought about by the EU? Both Greece and Ireland seemingly benefitted economically and politically when they joined the EC and the euro, and the European Union benefitted as a whole in some ways as well. Yet what good are these benefits when an economic crisis can challenge the whole idea of economic and monetary union not just for Greece and Ireland, but also for the entire supranational organization?

 

Thesis Organization: This dissertation should be divided into five chapters, the introduction, a chapter dedicated to establishing the foundation for Greece and Ireland’s experiences during the crisis as EU members, a chapter dedicated to Greece, a chapter dedicated to Ireland, and a concluding chapter.

 

TABLE OF CONTENTS

List of Figures

Iv. List of Tables

v. Abbreviations

Introduction 1

Implications

The Question

Thesis Organization

Methodology

Chapter 1: Setting the Stage 9

The significance of Greece and Ireland becoming EU and euro zone members 9 Why Studying Greece and Ireland Matters 15

Chapter 2: Greece 19

The Crisis and Greece 19 Austerity and National Political Change 24

Chapter 3: Ireland 43

The Crisis and Ireland 43 Austerity and National Political Change 51

Chapter 4: Conclusion – Fraying at the Edges? 64

References

NOTE:

 

Understanding:

The work should have a strong answer to the question that will demonstrate a strong understanding of the key concept and literature.

 

Critique:

The work should demonstrate a central engagement with some of the theoretical materials, which can make a coherent argument throughout, also which will be mostly substantiated with relevant evidence.

 

Communication:

The work should be well presented clearly, clearly written in concise and readable prose. Terms should be clearly explained and there should be evidence for the attempt to structure the discussion.

 

Research:

The work should draw an appropriate range of scholarly sources and useful tools such as tables, charts (for further detail/explanation) and referencing without error (Harvard style). Please show some authors you agree/disagree with and why. Also avoid over reliance on single source and you should ensure you address the central questions/topics.

 

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