The European crisis and global economy dynamics: Continental enlargement versus Atlantic opening
The fundamental idea we discuss in this paper is that the failure of Europe to deal with the international crisis is due, first and foremost, to the deepening of a more specific crisis that affected the very process of European integration and developed through two main channels: one, broad...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2014-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1405543M.pdf |
| _version_ | 1811262466434269184 |
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| author | Mendonça António |
| author_facet | Mendonça António |
| author_sort | Mendonça António |
| collection | DOAJ |
| description | The fundamental idea we discuss in this paper is that the failure of Europe
to deal with the international crisis is due, first and foremost, to the
deepening of a more specific crisis that affected the very process of
European integration and developed through two main channels: one, broader,
linked to the erosion of the original driving forces underpinning integration
in Europe; another, more circumscribed, linked to the malfunctioning of the
euro as an internal adjustment mechanism of the currency zone. To deal with
these structural dimensions of the crisis, we put forward a model of a Global
Europe against the model of Continental Europe that has dominated the
integration process until now and in this alternative framework we discuss
the potential role of Portugal and of the Community of Portuguese Speaking
Countries. |
| first_indexed | 2024-04-12T19:26:02Z |
| format | Article |
| id | doaj.art-2bcb18f9f3484e1dabba701b8970b2c0 |
| institution | Directory Open Access Journal |
| issn | 1452-595X 2217-2386 |
| language | English |
| last_indexed | 2024-04-12T19:26:02Z |
| publishDate | 2014-01-01 |
| publisher | Economists' Association of Vojvodina |
| record_format | Article |
| series | Panoeconomicus |
| spelling | doaj.art-2bcb18f9f3484e1dabba701b8970b2c02022-12-22T03:19:28ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862014-01-0161554356910.2298/PAN1405543M1452-595X1405543MThe European crisis and global economy dynamics: Continental enlargement versus Atlantic openingMendonça António0University of Lisbon, School of Economics and Management, Centre for African, Asian and Latin American Studies, Lisbon, PortugalThe fundamental idea we discuss in this paper is that the failure of Europe to deal with the international crisis is due, first and foremost, to the deepening of a more specific crisis that affected the very process of European integration and developed through two main channels: one, broader, linked to the erosion of the original driving forces underpinning integration in Europe; another, more circumscribed, linked to the malfunctioning of the euro as an internal adjustment mechanism of the currency zone. To deal with these structural dimensions of the crisis, we put forward a model of a Global Europe against the model of Continental Europe that has dominated the integration process until now and in this alternative framework we discuss the potential role of Portugal and of the Community of Portuguese Speaking Countries.http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1405543M.pdfEconomic crisisEuro crisisEconomic integrationGlobalizationCommunity of Portuguese speaking countries |
| spellingShingle | Mendonça António The European crisis and global economy dynamics: Continental enlargement versus Atlantic opening Panoeconomicus Economic crisis Euro crisis Economic integration Globalization Community of Portuguese speaking countries |
| title | The European crisis and global economy dynamics: Continental enlargement versus Atlantic opening |
| title_full | The European crisis and global economy dynamics: Continental enlargement versus Atlantic opening |
| title_fullStr | The European crisis and global economy dynamics: Continental enlargement versus Atlantic opening |
| title_full_unstemmed | The European crisis and global economy dynamics: Continental enlargement versus Atlantic opening |
| title_short | The European crisis and global economy dynamics: Continental enlargement versus Atlantic opening |
| title_sort | european crisis and global economy dynamics continental enlargement versus atlantic opening |
| topic | Economic crisis Euro crisis Economic integration Globalization Community of Portuguese speaking countries |
| url | http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1405543M.pdf |
| work_keys_str_mv | AT mendoncaantonio theeuropeancrisisandglobaleconomydynamicscontinentalenlargementversusatlanticopening AT mendoncaantonio europeancrisisandglobaleconomydynamicscontinentalenlargementversusatlanticopening |