I found this is an exciting and very thought provoking book, making me think both more and differently about the Eurozone's crises. First, thinking seriously about the surplus countries (after being so focussed on the pathologies of Southern Europe) is a great and illuminating discipline. Second, and based on distributional conflicts, it provides a carefully thought out and original analytic framework. And third it is seriously - hence really usefully - comprehensive
and reliable. Based on Walter's major research programme, it represents the high level of intellectual results which can come from intense and coordinated collaboration.
Stefanie Walter is a Full Professor for International Relations and Political Economy at the Department of Political Science at the University of Zurich and Director of the Center for International and Comparative Studies in Zurich. Her publications include Financial Crises and the Politics of Macroeconomic Adjustments (Cambridge University Press, 2013), and she has published in numerous scholarly journals such as American Journal of Political
Science, Annual Review of Political Science, European Union Politics, International Organization, and International Studies Quarterly.