Financial crisis in Southern Europe in comparison with Eastern Europe

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2014-12

Author

Aygül, Cenk

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This paper examines the recent financial crisis in Southern Europe in comparison with Eastern Europe. The findings of the paper are as follows: (i) Firstly, the economic space of the EU can no longer be taken as homogeneous, and the core-periphery structures must be examined more thoroughly; (ii) Second, while the crisis is seen everywhere in Europe as it is attested by the low growth rates in the 2000s, the fates of Eastern and Southeastern Europe have diverged from each other, for they have different ways of articulation with the European and German productive core.

Subject Keywords

Financialization, Southern Europe, Eastern Europe, Economic crisis, Spatial economics

URI

http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/717
https://hdl.handle.net/11511/58266

Journal

ODTÜ Gelişme Dergisi

Collections

Department of Economics, Article

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Citation Formats

C. Aygül, “Financial crisis in Southern Europe in comparison with Eastern Europe,” ODTÜ Gelişme Dergisi, vol. 41, no. 3, pp. 277–296, 2014, Accessed: 00, 2020. [Online]. Available: http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/717.