Europe in Crisis and the World Economy
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Level: Undergraduate, Graduate
Division: The New School for Public Engagement
School: Milano School of International Affairs, Management, and Urban Policy
Department: Milano General Curriculum
Course Number: NINT 5398
Course Format: Lecture
Location: NYC campus
Permission Required: No
- International Affairs
- Economic Development
This global economic crisis develops – as capitalist crises usually do – unevenly across the globe. The early years (2008-2010) damaged the US economy more than most others. Since then the center of crisis moved to Europe (and especially to Greece, Ireland, United Kingdom, Portugal, Spain, Italy, Hungary, among other countries). There are profound economic effects of crisis – on production, employment, foreign trade, capital movements and especially government policies (financial and corporate bailouts followed by austerity programs). These have been matched by profound impacts on European politics and culture. As Europe’s social democracies have been challenged, a changing Europe alters its relationships with the rest of the world. This course will explore how the crisis is changing Europe and the consequences for the United States as well as the rest of the world economy.
Open to Graduate students.