Europe's Orphan: The Future of the Euro and the Politics of Debt

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9780691168302: Europe's Orphan: The Future of the Euro and the Politics of Debt
From the Publisher:

Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe’s Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the Eurozone and its member countries. The subsequent self-inflicted financial crisis and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt.

Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro’s creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the Eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous—and risks sending the continent into further political paralysis and economic stagnation.

Contending that the euro has been wrongfully scapegoated for the Eurozone’s troubles, Europe’s Orphan charts what actually must be done for the continent to achieve an economic and political recovery.

From the Publisher:

The Description for this book, Europe`s Orphan: The Future of the Euro and the Politics of Debt, will be forthcoming.

"Sobre este título" puede pertenecer a otra edición de este libro.

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Sandbu, Martin
ISBN 10: 069116830X ISBN 13: 9780691168302
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Sandbu, Martin
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Descripción Estado de conservación: New. Brand New books on affordable price.Shipping method: Standard & Expedite, Standard takes 7-8 and Expedited takes 4-6 working days. Due to the constantly changing USPS regulations regarding shipments to APO/FPO addresses we are not currently shipping. Nº de ref. de la librería 069116830X-P07

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Sandbu, Martin
Editorial: Princeton University Press, United States (2015)
ISBN 10: 069116830X ISBN 13: 9780691168302
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Descripción Princeton University Press, United States, 2015. Hardback. Estado de conservación: New. 229 x 152 mm. Language: English . Brand New Book. Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe s Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone s self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro s creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous--and risks sending the continent into further political paralysis and economic stagnation. Contending that the euro has been wrongfully scapegoated for the eurozone s troubles, Europe s Orphan charts what actually must be done for the continent to achieve an economic and political recovery. Nº de ref. de la librería AAU9780691168302

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Sandbu, Martin
Editorial: Princeton University Press, United States (2015)
ISBN 10: 069116830X ISBN 13: 9780691168302
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Descripción Princeton University Press, United States, 2015. Hardback. Estado de conservación: New. 229 x 152 mm. Language: English . Brand New Book. Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe s Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone s self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro s creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous--and risks sending the continent into further political paralysis and economic stagnation. Contending that the euro has been wrongfully scapegoated for the eurozone s troubles, Europe s Orphan charts what actually must be done for the continent to achieve an economic and political recovery. Nº de ref. de la librería AAU9780691168302

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Sandbu, Martin
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Descripción Princeton University Press, 2015. Estado de conservación: New. Num Pages: 336 pages, 25 line illus. BIC Classification: 1QFE; KCBM; KCM; KCP. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 242 x 166 x 30. Weight in Grams: 530. . 2015. Hardcover. . . . . . Nº de ref. de la librería V9780691168302

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Sandbu, Martin
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Descripción Princeton University Press. Hardback. Estado de conservación: new. BRAND NEW, Europe's Orphan: The Future of the Euro and the Politics of Debt, Martin Sandbu, Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe's Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro's creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous--and risks sending the continent into further political paralysis and economic stagnation. Contending that the euro has been wrongfully scapegoated for the eurozone's troubles, Europe's Orphan charts what actually must be done for the continent to achieve an economic and political recovery. Nº de ref. de la librería B9780691168302

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Descripción Princeton University Press, 2015. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería 069116830X

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Descripción Princeton University Press. Estado de conservación: New. Num Pages: 336 pages, 25 line illus. BIC Classification: 1QFE; KCBM; KCM; KCP. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 242 x 166 x 30. Weight in Grams: 530. . 2015. Hardcover. . . . . Books ship from the US and Ireland. Nº de ref. de la librería V9780691168302

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Descripción Princeton University Press 2015-09-29, 2015. Estado de conservación: New. Brand new book, sourced directly from publisher. Dispatch time is 24-48 hours from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Nº de ref. de la librería NU-LBR-01685823

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Descripción Princeton University Press, 2015. HRD. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería BB-9780691168302

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