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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Category:
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: 16 August 2016
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Publisher's listprice:
GBP 22.99
GBP 22.99
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10 549 (10 046 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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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.