The Euro ? How a Common Currency Threatens the Future of Europe: How a Common Currency Threatens the Future of Europe
 
Product details:

ISBN13:9780393254020
ISBN10:039325402X
Binding:Hardback
No. of pages:448 pages
Size:242x164x35 mm
Weight:760 g
Language:English
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The Euro ? How a Common Currency Threatens the Future of Europe

How a Common Currency Threatens the Future of Europe
 
Publisher: W. W. Norton & Company
Date of Publication:
 
Normal price:

Publisher's listprice:
GBP 22.99
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11 104 HUF (10 575 HUF + 5% VAT)
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Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
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  Piece(s)

 
Short description:

The Nobel Prizewinning economist and best-selling author explains why saving Europe may mean abandoning the Euro. 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 new system dubbed the flexible Euro.

Long description:
The Euro was supposed to bring Europe closer together and promote prosperity; in fact, it has done just the opposite. 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. With its lessons for globalisation in a world economy ever more deeply connected, The Euro is urgent and essential reading.