Europe in an Age of Austerity

Vani Borooah, who was born in India, is Emeritus Professor of Applied Economics at the University of Ulster, Northern Ireland; Adjunct Professor at the Indian Institute of Dalit Studies, India; and Honorary Professor of Economics at the University of Queensland, Australia. He is also Member and Secretary of the Royal Irish Academy. He has been President of the European Public Choice Society and of the Irish Economic Association.

• 1. Introduction 2. The Housing Bubble 3. The Banking Collapse 4. The Sovereign Debt Crisis 5. Reform, Hardship, and Unrest 6. Conclusion