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Lecturer in Political Economy, University of Winchester
The crisis in the Eurozone: what role did production play?
Victoria Stadheim - 31 October 2019The crisis in the Eurozone: what role did production play?
The widespread belief that divergences in the Eurozone were driven by ‘unit labour costs’ is mistaken. We need to focus instead on the specific production structures and specialisations of ‘peripheral’ states and their relationship with wider processes of global economic integration. This is part 5 of the series 'Industrial development in a post-crash world'.
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