Uneven geographical development and socio-spatial justice and solidarity: European regions after the 2009 financial crisis
Costis Hadjimichalis
Harokopio University of Athens
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The paper discusses certain issues of regional development theory in combination with long-forgotten conditions of uneven geographical development in the context of the current financial and debt crisis in the eurozone. The dominant explanations of the crisis are mainly macroeconomic and financial but this paper argues for its geographical components/foundations. After a short descriptive comment about the current debt crisis in the eurozone and particularly in Southern Europe as part of the wider global crisis of over-accumulation, an alternative interpretation is provided based on uneven geographical/regional development among Euro-regions, especially since the introduction of the euro. The paper also discusses the shift towards what we may call the neoliberal urban and regional development discourse, which is responsible for a de-politicized shift in regional theory and hence downplaying or simply overlooking questions of socio-spatial justice. The discussion about justice and solidarity goes beyond the controversial rescue plan introduced by the European Union and the International Monetary Fund, which was supposedly designed to help one of the so-called – in a typical colonial way – PIIGS (Portugal, Italy, Ireland, Greece and Spain), namely Greece.
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