The Euro: How a Common Currency Threatens the Future of Europe
Note: If you encounter any issues while opening the Download PDF button, please utilize the online read button to access the complete book page.
| Size | 20 MB (20,079 KB) |
|---|---|
| Format | |
| Downloaded | 570 times |
| Status | Available |
| Last checked | 7 Hour ago! |
| Author | Joseph E. Stiglitz |
“Book Descriptions: 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 Europe’s 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 Bank’s 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 Eurozone 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 globalization in a world economy ever more deeply connected, The Euro is urgent and essential reading.”
