The Euro

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Verlag: Norton
Autor: Joseph Stiglitz
Artikel-Nr.: KNV64070802
ISBN: 9780393354102

The 2008 crisis revealed the shortcomings of the Euro, and Europes stagnation and bleak outlook... mehr

Produktinformationen "The Euro"

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.

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