Friday, July 14, 2017
Gilbert Scott Building - Room 253 (University of Glasgow)
Representing the third and fourth largest economies in the Eurozone, Italian and Spanish governments had more leverage than other, smaller debtor states in shaping their responses to the demands of the Euroclub for austerity and Internal devaluation. It is thus striking that Spanish governments of both the Left and the Right went much further in complying with those demands than did Italian governments of both the Left and the Right. This presentation will offer a historical perspective on this contrast by linking the two states’ responses to the politics of economic policy in each country.