In this volume practitioners and theorists from East and West assess the results of four years of transformation in Eastern Europe. In a general assessment of the stabilisation policies pursued, some authors take a critical view of the 'conventional' monetary and fiscal restrictive programmes which have helped to bring down inflation and to introduce elements of the market economy, but have also left the economies concerned with heavily reduced output and real incomes. An evolutionary strategy of structural transformation, and demand management should play a primary role in recovery from the 'transformational recession'. Further issues discussed are the reform of the financial sector; liberalisation of foreign trade; privatisation and restructuring; and the social aspects of transformation.
A History of Eastern Europe: Crisis and Change is a wide-ranging single volume history of the "lands between", the lands which have lain between Germany, Italy, and the Tsarist and Soviet empires. Bideleux and Jeffries examine the problems that have bedevilled this troubled region during its imperial past, the interwar period, under fascism, under communism, and since 1989. While mainly focusing on the modern era and on the effects of ethnic nationalism, fascism and communism, the book also offers original, striking and revisionist coverage of: * ancient and medieval times * the Hussite Revolution, the Renaissance, the Reformation and the Counter-Reformation * the legacies of Byzantium, the Ottoman Empire and the Hapsburg Empire * the rise and decline of the Polish-Lithuanian Commonwealth * the impact of the region's powerful Russian and Germanic neighbours * rival concepts of "Central" and "Eastern" Europe * the 1920s land reforms and the 1930s Depression. Providing a thematic historical survey and analysis of the formative processes of change which have played the paramount roles in shaping the development of the region, A History of Eastern Europe itself will play a paramount role in the studies of European historians.
A landmark book that completely transforms our understanding of the crisis of liberalism, from two pre-eminent intellectuals Why did the West, after winning the Cold War, lose its political balance? In the early 1990s, hopes for the eastward spread of liberal democracy were high. And yet the transformation of Eastern European countries gave rise to a bitter repudiation of liberalism itself, not only there but also back in the heartland of the West. In this brilliant work of political psychology, Ivan Krastev and Stephen Holmes argue that the supposed end of history turned out to be only the beginning of an Age of Imitation. Reckoning with the history of the last thirty years, they show that the most powerful force behind the wave of populist xenophobia that began in Eastern Europe stems from resentment at the post-1989 imperative to become Westernized. Through this prism, the Trump revolution represents an ironic fulfillment of the promise that the nations exiting from communist rule would come to resemble the United States. In a strange twist, Trump has elevated Putin's Russia and Orbán's Hungary into models for the United States. Written by two pre-eminent intellectuals bridging the East/West divide, The Light that Failed is a landmark book that sheds light on the extraordinary history of our Age of Imitation.
This book analyzes the European Great Recession of 2008-12, its economic and social causes, its historical roots, and the policies adopted by the European Union to find a way out of it. It contains explicit debates with several economists and analysts on some of the most controversial questions about the causes of the crisis and the policies applied by the European Union. It presents the cases of Iceland, Greece and Ireland, the countries that first declined into crisis in Europe, each of them in a different way. Iceland is a case study for reckless banking practices, Greece of reckless public spending, and Ireland of reckless household indebtedness. At least seven other countries, mostly from the peripheries of Europe, had similarly reckless banking and spending practices. In the center of the book are the economic and social causes of the crisis. Contemporary advanced capitalism became financialized, de-industrialized and globalized and got rid of the "straitjacket" of regulations. Solid banking was replaced by high-risk, "casino-type" activity. The European common currency also had a structural problem — monetary unification without a federal state and fiscal unification. The other side of the same coin is European hyper-consumerism. A new lifestyle emerged during two super-prosperous periods in the 1950s to 1960s, and during the 1990s to 2006. Trying to find an exit policy, the European Union turned to strict austerity measures to curb the budget deficit and indebtedness. This book critically analyzes the debate around austerity policy. The creation of important supra-national institutions, and of a financial supervisory authority and stability mechanisms, strengthens integration. The correction of the euro’s structural mistake by creating a quasi-fiscal unification is even more important. The introduction of mandatory fiscal rules and their supervision promises a long-term solution for a well-functioning common currency. These measures, meanwhile, create a two-tier European Union with a fast-track core. This book suggests that the European Union will emerge stronger from the crisis. This book will be of particular interest to students and researchers of economics, history, political science and international finance, but will also prove profitable reading for practitioners and the interested public.
The period between 1917 and 1957, starting with the birth of the USSR and the American intervention in the First World War and ending with the Treaty of Rome, is of the utmost importance for contextualizing and understanding the intellectual origins of the European Community. During this time of 'crisis,' many contemporaries, especially intellectuals, felt they faced a momentous decision which could bring about a radically different future. The understanding of what Europe was and what it should be was questioned in a profound way, forcing Europeans to react. The idea of a specifically European unity finally became, at least for some, a feasible project, not only to avoid another war but to avoid the destruction of the idea of European unity. This volume reassesses the relationship between ideas of Europe and the European project and reconsiders the impact of long and short-term political transformations on assumptions about the continent's scope, nature, role and significance.
A provocative study of the critical problems that are crippling Europe and causing an increasing anti-Americanism looks at the return of the ethnic hatred, class divisions, and war that previously wreaked havoc on Europe, as well as the rise of such new issues as declining birthrates, growing Islamic fundamentalism, and an unsustainable economic model. Reprint. 15,000 first printing.
A leading Ukraine specialist and firsthand witness to the 2014 Kiev Uprising analyzes the world’s newest flashpoint The aftereffects of the February 2014 Uprising in Ukraine are still reverberating around the world. The consequences of the popular rebellion and Russian President Putin’s attempt to strangle it remain uncertain. In this book, Andrew Wilson combines a spellbinding, on-the-scene account of the Kiev Uprising with a deeply informed analysis of what precipitated the events, what has developed in subsequent months, and why the story is far from over. Wilson situates Ukraine’s February insurgence within Russia’s expansionist ambitions throughout the previous decade. He reveals how President Putin’s extravagant spending to develop soft power in all parts of Europe was aided by wishful thinking in the EU and American diplomatic inattention, and how Putin’s agenda continues to be widely misunderstood in the West. The author then examines events in the wake of the Uprising—the military coup in Crimea, the election of President Petro Poroshenko, the Malaysia Airlines tragedy, rising tensions among all of Russia's neighbors, both friend and foe, and more. Ukraine Crisis provides an important, accurate record of events that unfolded in Ukraine in 2014. It also rings a clear warning that the unresolved problems of the region have implications well beyond Ukrainian borders.
In recent years a series of crises have erupted on the European Union's eastern borders. Russia's annexation of Crimea and the subsequent conflict in eastern Ukraine presented the EU with a major foreign policy challenge, in both Ukraine and across the other countries of the so-called Eastern Partnership. In response, the EU has begun to map its own form of 'liberal-redux geopolitics' that combines various strategic logics. This book traces the effect of these crises on the foreign policy of the EU, examining the changes in policies towards the countries on its eastern borders, the EU's review of the Eastern Partnership, as well as the EU's relations with Russia overall. It goes on to uncover whether the EU has contained the crisis or if it has set up new conditions for more instability in the future.
"Istvâan Bibâo (1911-1979) was a Hungarian lawyer, political thinker, prolific essayist, and minister of state for the Hungarian national government during the Hungarian Revolution of 1956. This magisterial compendium of Bibâo's essays introduces English-speaking audiences to the writings of one of the foremost theorists and psychologists of twentieth-century European politics and culture. Elegantly translated by Pâeter Pâasztor and with a scholarly introduction by Ivâan Zoltâan Dâenes, the essays in this volume address the causes and fallout of European political crises, postwar changes in the balance of power among countries, and nation-building processes"--
