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The Contemporary Crisis of the European Union - Prospects for the future (Electronic book text)
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The Contemporary Crisis of the European Union - Prospects for the future (Electronic book text)
Series: Routledge Studies in the European Economy
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The European Union widened and deepened integration when it
introduced the Single Market and the common currency, increasing
the number of member countries from 12 to 28. After a quarter of a
century, the 2008 financial and economic crisis opened a new
chapter in the history of European integration. Prosperity was
replaced by economic crisis and then long stagnation, with
ramifications far beyond the economic arena. For the first time,
after more than half a century, some countries were almost forced
to step out of the Union. History's most frightening migration
crisis shocked Europe and led to the strengthening of several
anti-integration parties in various countries. This pioneering book
discusses the nine crisis elements that could lead to
disintegration of the EU. Beginning with the Greek Debt disaster
this book delves into the cause of the recent European crisis and
then onto the recent immigration influx and its consequences, as
well as Britain's exit from the Union. A concluding chapter, based
on the facts of positive development during the crises years, gives
a cautiously optimistic forecast for the future and asks the
question: further integration or disintegration? This volume is of
great importance to academics, students and policy makers who have
an interest in European politics, political economy and migration.
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