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Descripción hardcover. Condición: new. First Edition. Can Europe prosper without the euroIn 2010 the 2008 global financial crisis morphed into the eurocrisis It has not abated The 19 countries of Europe that share the euro currencythe eurozonehave 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 GreeceIn The Euro Nobel Prizewinning economist and bestselling 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 continentand the worldfrom further devastationHailed 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 Europes stagnation and bleak outlook are a direct result of the fundamental challenges in having a diverse group of countries share a common currencythe 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 savedAfter laying bare the European Central Banks misguided inflationonly mandate and explaining how eurozone policies especially toward the crisis countries have further exposed the zones 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 wellmanaged end to the singlecurrency euro experiment or a bold new system dubbed the flexible euroWith its lessons for globalization in a world economy ever more deeply connected The Euro is urgent and essential reading. Nº de ref. del artículo: DADAX039325402X
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Descripción Hardcover. Condición: new. Hardcover. 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. Can Europe prosper without the euro? Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Nº de ref. del artículo: 9780393254020