The contradictions of austerity [electronic resource] : the socio-economic costs of the neoliberal Baltic model / edited by Jeffrey Sommers and Charles Woolfson.

Includes bibliographical references and index.

Introduction : the Baltics and the political economy of austerity / Jeffrey Sommers and Charles Woolfson -- 1. Austerity, internal devaluation, and social (in)security in Latvia / Jeffrey Sommers -- 2. Stockholm syndrome in the Baltics: Latvia's neoliberal war against labor and industry / Michael Hudson -- 3. Failed and asymmetrical integration : the Baltics and the non-financial origins of the European crisis / Erik Reinert and Rainer Kattel -- 4. The Lithuanian labor market under the impact of crisis : the formation of the new austeriat / Arunas Juska and Charles Woolfson -- 5. Balancing between exit, voice, and loyalty : labor market policy choices in Estonia / Markku Sippola -- Conclusion : the neoliberal Baltic austerity model against Social Europe / Charles Woolfson and Jeffrey Sommers -- Postscript : a very Baltic tragedy, the collapse of the Maxima supermarket in Riga, Latvia / Charles Woolfson and Arunas Juska.