The Euro ? How a Common Currency Threatens the Future of Europe
How a Common Currency Threatens the Future of Europe. With a new Section on Brexit
Publisher: W. W. Norton & Company
Date of Publication: 28 November 2017
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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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Product details:
| ISBN13: | 9780393354102 |
| ISBN10: | 0393354105 |
| Binding: | Paperback |
| See also | 9781536617702 |
| No. of pages: | 512 pages |
| Size: | 208x143x23 mm |
| Weight: | 382 g |
| Language: | English |
| 0 |
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Short description:
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.
Long description:
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.
