The crisis as opportunity? On the role of the Troika in constructing the European consolidation state

The 2008 financial crisis has been seen as providing an opportunity for core eurozone members to push neoliberal policies onto the periphery in order to construct a European consolidation state. We adapt a policy transfer model to examine the extent to which the Troika transferred neoliberal policy...

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Detalles Bibliográficos
Autores: Clifton, Judith|||0000-0001-6081-6800, Díaz Fuentes, Daniel|||0000-0002-6290-2363, Gómez Peña, Ana Lara|||0000-0002-5324-5584
Tipo de recurso: artículo
Fecha de publicación:2018
País:España
Institución:Universidad de Cantabria (UC)
Repositorio:UCrea Repositorio Abierto de la Universidad de Cantabria
Idioma:inglés
OAI Identifier:oai:repositorio.unican.es:10902/31559
Acceso en línea:https://hdl.handle.net/10902/31559
Access Level:acceso abierto
Palabra clave:Consolidation
Austerity
Crisis
Europe
Privatization
Troika
Descripción
Sumario:The 2008 financial crisis has been seen as providing an opportunity for core eurozone members to push neoliberal policies onto the periphery in order to construct a European consolidation state. We adapt a policy transfer model to examine the extent to which the Troika transferred neoliberal policy onto Greece and Ireland. The size of the ideological gap between Troika policies and those embedded in the peripheral country was crucial when explaining why the Troika's policies were more brutal, intrusive and long-lasting in Greece than in Ireland, and why Greece proved more resilient to attempts to transfer policy than Ireland.