The Euro: How a Common Currency Threatens the Future of Europe

Special Offer Ends In:
-20%
TOP
  • Joseph Stiglitz
  • Author:  Joseph Stiglitz
  • Year: 03-11-2016
  • Translator from English: Elena Filipova
  • Availability:  In Stock
  • Product Code:  1843-01
  • SKU: 06.0050
  • ISBN: 978-619-152-937-6
  • Read an excerpt:

€10.63  €13.29
  • Ex Tax: €8.86
   


Delivery

At an office of Econt 3.60 BGN 

At personal address - 6.00 BGN

Free shipping in Bulgaria for orders above 50 BGN. to an Econt office

Order by phone

Call us at 0888 465 635 to order by phone

E-book

In order to read our eBooks you have to download Adobe Digital Editions and register on the Adobe website as well. The DRM protected eBooks can not be converted or read on Amazon Kindle devices.

Description

Can Europe prosper without the euro?

In 2010, the 2008 global financial crisis morphed into the “eurocrisis.” It has not abated. The 19 countries of Europe that share the euro currency―the eurozone―have been rocked by economic stagnation and debt crises. Some countries have been in depression for years while the governing powers of the eurozone have careened from emergency to emergency, most notably in Greece.

In The Euro, Nobel Prize–winning economist and best-selling author Joseph E. Stiglitz dismantles the prevailing consensus around what ails Europe, demolishing the champions of austerity while offering a series of plans that can rescue the continent―and the world―from further devastation.

Hailed by its architects as a lever that would bring Europe together and promote prosperity, the euro has done the opposite. As Stiglitz persuasively argues, the crises revealed the shortcomings of the euro. Europe’s stagnation and bleak outlook are a direct result of the fundamental challenges in having a diverse group of countries share a common currency―the euro was flawed at birth, with economic integration outpacing political integration. Stiglitz shows how the current structure promotes divergence rather than convergence. The question then is: Can the euro be saved?

After laying bare the European Central Bank’s misguided inflation-only mandate and explaining how eurozone policies, especially toward the crisis countries, have further exposed the zone’s flawed design, Stiglitz outlines three possible ways forward: fundamental reforms in the structure of the eurozone and the policies imposed on the member countries; a well-managed end to the single-currency euro experiment; 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.

About the Author

Joseph Stiglitz

Joseph Stiglitz

Joseph Eugene Stiglitz (born February 9, 1943) is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John B... Read more

More by the same author

The Great Divide: Unequal Societies and What We Can Do about Them
-20%

The Great Divide: Unequal Societies and What ...

€12.23 €15.29 Ex Tax: €10.19

The Price of Inequality
-20%

The Price of Inequality

€13.50 €16.87 Ex Tax: €11.25

Related Products

Micromotives and Macrobehavior
-20%
TOP

Micromotives and Macrobehavior

€6.91 €8.64 Ex Tax: €5.76

Tags: Banking System & Finance,Economics,Capital & Funds

Specification
Year 03-11-2016
Translator from English: Elena Filipova
Pages 464
Size 140/215 мм
Weight 0.6 kg
Cover Type Hardcover
Genre Banking System & Finance, Economics, Capital & Funds

There are no reviews for this product.

Write a review
Note: HTML is not translated!
Captcha

Newsletter Subscribe

Submitting this form you agree to receive communications by email and you agree with our Privacy Policy