Costis Hadjimichalis’ Crisis Spaces: Structures, Struggles and Solidarity in Southern Europe (Routledge, 2017), is now available in paperback. The book is a fundamental, illuminating comparative study of the impacts of the 2007-8 crisis and the ensuing recession and EU austerity programs in Greece, Italy, Portugal and Spain.
The financial malaise that has affected the Eurozone countries of southern Europe – Spain, Portugal, Italy and, in its most extreme case, Greece – has been analysed using mainly macroeconomic and financial explanations. This book shifts the emphasis from macroeconomics to the relationship between uneven geographical development, financialisation and politics. It deconstructs the myth that debt, both public and private, in Southern Europe is the sole outcome of the spendthrift ways of Greece, Spain, Italy and Portugal, offering a fresh perspective on the material, social and ideological parameters of the economic crisis and the spaces where it unfolded. Featuring a range of case examples that complement and expand the main discussion, Crisis Spaces will appeal to students and scholars of human geography, economics, regional development, political science, cultural studies and social movements studies.
A review symposium was published in European Journal of Urban and Regional Studies last year, with contributions by Ray Hudson and Bob Jessop, amongst others. My review can be dowloaded here.