Disclosure : This site contains affiliate links to products. We may receive a commission for purchases made through these links.

The Euro: And its Threat to the Future of Europe

Designed to bring Europe closer together, the euro has actually done the opposite: after nearly a decade without growth, unity has been replaced with dissent and enlargements with prospective exits. Joseph Stiglitz argues that Europe`s stagnation and bleak outlook are a direct result of the fundamental flaws inherent in the euro project – economic integration outpacing political integration with a structure that actively promotes divergence rather than convergence. Money relentlessly leaves the weaker member states and goes to the strong, with debt accumulating in a few ill-favoured countries. The question now is: can the euro be saved? Laying bare the European Central Bank`s misguided inflation-only mandate and explaining why austerity has condemned Europe to unending stagnation, Stiglitz outlines three possible ways forward: fundamental reforms in the structure of the Eurozone and the policies imposed on the member countries suffering the most; a well-managed end to the euro; or a bold, new system he dubs the `flexible euro;. This important book, by one of the world`s leading economists, addresses the euro-crisis on a bigger intellectual scale than any predecessor.

Related Products:

Europe`s Orphan: The Future of the Euro and the Politics of Debt And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability Europa28: Writing by Women on the Future of Europe Europe Reset: New Directions for the EU A Love Affair with Europe: The Case for a European Future Reluctant Meister: Germany and the New Europe Europe Before History Slippery Slope: Brexit and Europe`s Troubled Future On Europe Europe by Eurail 2018: Touring Europe by Train Europe by Eurail 2020: Touring Europe by Train Europe by Eurail 2019: Touring Europe by Train Europe for Festivals, Festivals for Europe: The Guide 2015-2016 Euro – UK Travel Adaptor Europe by Eurail 2021: Touring Europe by Train Europe by Eurail 2017: Touring Europe by Train Churchill`s Last Stand: The Struggle for Europe Europe by Eurail 2016: Touring Europe by Train Motorhome Guide – Camperstop Europe 2020 Drawing Europe Together: Forty-five Illustrators, One Europe Rails Across Europe: Northern and Western Europe Rails Across Europe: Eastern and Southern Europe Rail Atlas Europe Big Trails: Heart of Europe: The best long-distance trails in Western Europe and the Alps African Exodus: Mass Migration and the Future of Europe Railway City Map Europe The Hidden Europe End This Depression Now! Britain`s Europe: A Thousand Years of Conflict and Cooperation Trees and Forests: Wild Wonders of Europe Camping Car Europe: 2019 Europe Collins Road Map 2021 Kings and Queens of Europe: The Dark Secrets of Europe`s Monarchies Dead Europe Europe`s Tragedy: A New History of the Thirty Years War Europe: Future Map Company Wall Map, Version 001 gold – khaki – yellow – sage PAPER Europe: Future Map Company Wall Map, Version 02 lemon – orange – thistle – khaki PAPER Europe Collins Map Road Travel, Learn and Explore: Europe Europe Geo Puzzle 58 Pieces