Book
The euro : how a common currency threatens the future of Europe / Joseph E. Stiglitz.
Record details
- ISBN: 9780393254020 (hardcover)
- Physical Description: 416 pages ; 25 cm
- Edition: First edition.
- Publisher: New York : W.W. Norton & Company, [2016]
Content descriptions
| Bibliography, etc. Note: | Includes bibliographical references and index. |
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Available copies
- 1 of 1 copy available at Legislative Library.
Holds
- 0 current holds with 1 total copy.
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| Location | Call Number / Copy Notes | Barcode | Shelving Location | Holdable? | Status | Due Date |
|---|---|---|---|---|---|---|
| Legislative Library, Vaughan Street | HG 925 Sti (Text) | 36970100025727 | General Collection | Volume hold | Available | - |
- Baker & Taylor
Discusses how the 2008 financial crisis revealed the shortcomings of the euro and how it has caused Europe's economic stagnation, and outlines three possible plans for moving forward. - Baker & Taylor
A Nobel Prize-winning economist and best-selling author explains why saving Europe may mean abandoning the euro. - WW Norton
Can Europe prosper without the euro? - WW Norton
In 2010, the 2008 global financial crisis morphed into the âeurocrisis.â It has not abated. The 19 countries of Europe that share the euro currencyâthe eurozoneâhave 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.The EuroHailed 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. Europeâs stagnation and bleak outlook are a direct result of the fundamental challenges in having a diverse group of countries share a common currencyâthe 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 Bankâs misguided inflation-only mandate and explaining how eurozone policies, especially toward the crisis countries, have further exposed the zoneâs 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 âflexible euro.âThe Euro
