Neoliberal growth models, monetary union and the Euro crisis. A post-Keynesian perspective

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Governing through financial markets: Towards a critical political economy of Capital Markets Union (2018, background): “Thus, in a macroeconomic context characterized by structurally weak demand, both the national and the supranational level lack the expansionary fiscal capacities to respond to strong political pressures for a Europe-wide growth initiative (Stockhammer, 2016).”