The Euro - How a Common Currency Threatens the Future of Europe. With a new Section on Brexit
Verlag | Norton |
Auflage | 2017 |
Seiten | 512 |
Format | 14,0 x 21,1 x 2,2 cm |
Gewicht | 392 g |
Artikeltyp | Englisches Buch |
ISBN-10 | 0393354105 |
EAN | 9780393354102 |
Bestell-Nr | 39335410EA |
Joseph E. Stiglitz, explains why saving Europe may mean abandoning the Euro with his new book full of constructive proposals (Financial Times). He outlines three possible ways forward: fundamental reforms in the structure of the Euro zone and the policies imposed on the member countries suffering the most, a well-managed end to the European Union or a bold, new system dubbed the flexible Euro.
The 2008 crisis revealed the shortcomings of the Euro, and Europes stagnation and bleak outlook are a direct result of the fundamental flaws inherent in the EU project - economic integration outpacing political integration with a structure that promotes divergence rather than convergence. The question then is: Can the Euro be saved? Laying bare the European Central Banks misguided inflation-only mandate and explaining why austerity has condemned Europe to unending stagnation, Joseph E. Stiglitz outlines three possible ways forward: fundamental reforms in the structure of the Euro zone and the policies imposed on the member countries suffering the most, a well managed end to the European Union or a bold, new system dubbed the flexible Euro.