This book originated from an EU-funded international research network on "Systemic Risks, Financial Crises and Credit: the Roots, Dynamics and Consequences of the Sub-Prime Crisis". Contributions explore and evaluate some of the ways in which the institutions and policies of the European Union and its member states have changed in response to the problems brought about by the crisis. This book was originally published as a special issue of the Journal of Contemporary European Studies.
Hugo Radice is a Life Fellow in the School of Politics and International Studies, University of Leeds, where he taught economics and politics from 1978 to 2008. He now works as an independent researcher in political economy, with particular reference to the recent economic crisis.