The spectre of deglobalization and the European elections

A decade after the first crisis of 21st century capitalism, Europe has passed the nadir of the aftershocks unleashed by the 2008 global downturn. It is time to count blessings: a rerun of the Great Depression has been avoided and growth returned to the besieged continent. Whether the upswing will continue in 2019 is doubtful as dark clouds hover on the horizon. The spectre of deglobalization looming over trade tensions between the United States (US) and China, the uncertain fallout from Brexit, Hungarian, Polish and Romanian backsliding on the rule of law, and the rise of populism across the continent confront the European Union (EU) with an existential crisis.

Anton Hemeryck Making Social Investment Happen in the Eurozone Eurpean University Institute Special Issue for European Elections

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