Beschreibung:
With a foreword by James K. Galbraith, this timely book assesses the extent to which the export of the Baltic model of austerity has the potential to generate disruptions in Europe, the book presents cautionary instruction to European and global leaders embracing the Baltic model as a cure for their current economic predicament.
Introduction 1. Austerity, Internal Devaluation and Social (In)Security in Latvia 2. Stockholm Syndrome in the Baltics 3. Failed and Asymmetrical Integration 4. The Lithuanian Labor Market under the Impact of Crisis 5. Balancing between Exit, Voice and Loyalty: Labor Market Policy Choices in Estonia Conclusion