The Euro

Why it Failed

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book The Euro by Jesper Jespersen, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jesper Jespersen ISBN: 9783319463889
Publisher: Springer International Publishing Publication: November 21, 2016
Imprint: Palgrave Macmillan Language: English
Author: Jesper Jespersen
ISBN: 9783319463889
Publisher: Springer International Publishing
Publication: November 21, 2016
Imprint: Palgrave Macmillan
Language: English

This book takes a close look at macroeconomic imbalances within the Eurozone and explores the profound consequences the introduction of the European Monetary Union (EMU) has had on Euro area countries. Particular attention is given to balance of payments deficits and surpluses, and the profound difficulties of rebalancing the Euro area. Throughout the chapters, the author argues that the EMU has failed to support an optimal currency area with the correct institutional arrangements due to misunderstandings at a macroeconomic level. The author also sheds light on the stability pact and the resulting macroeconomic trap which has left a number of Eurozone countries with devastatingly high rates of unemployment. The book argues that by disregarding important macroeconomic imbalances, Euro-monetarists have derailed the entire Eurozone project to such an extent that it is at risk of falling apart. Key chapters discuss the establishment of the EMU from a Euro-realist perspective and the role of the European Central Bank in rebalancing financial markets. The concluding chapter looks ahead to the future of the Euro and proposes necessary institutional solutions to the macroeconomic problems it is currently facing. Scholars and students with an interest in the current economic disarray within the Eurozone will find this work thought-provoking and highly informative.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book takes a close look at macroeconomic imbalances within the Eurozone and explores the profound consequences the introduction of the European Monetary Union (EMU) has had on Euro area countries. Particular attention is given to balance of payments deficits and surpluses, and the profound difficulties of rebalancing the Euro area. Throughout the chapters, the author argues that the EMU has failed to support an optimal currency area with the correct institutional arrangements due to misunderstandings at a macroeconomic level. The author also sheds light on the stability pact and the resulting macroeconomic trap which has left a number of Eurozone countries with devastatingly high rates of unemployment. The book argues that by disregarding important macroeconomic imbalances, Euro-monetarists have derailed the entire Eurozone project to such an extent that it is at risk of falling apart. Key chapters discuss the establishment of the EMU from a Euro-realist perspective and the role of the European Central Bank in rebalancing financial markets. The concluding chapter looks ahead to the future of the Euro and proposes necessary institutional solutions to the macroeconomic problems it is currently facing. Scholars and students with an interest in the current economic disarray within the Eurozone will find this work thought-provoking and highly informative.

More books from Springer International Publishing

Cover of the book Cross-Cultural Personal Selling by Jesper Jespersen
Cover of the book Evidence-Based Practice in Clinical Social Work by Jesper Jespersen
Cover of the book Managing Data From Knowledge Bases: Querying and Extraction by Jesper Jespersen
Cover of the book Democracy under Threat by Jesper Jespersen
Cover of the book Bacteriophages: Practical Applications for Nature's Biocontrol by Jesper Jespersen
Cover of the book Engineering and Technology Talent for Innovation and Knowledge-Based Economies by Jesper Jespersen
Cover of the book Land Rights and Expropriation in Ethiopia by Jesper Jespersen
Cover of the book The Pedagogy of English as an International Language by Jesper Jespersen
Cover of the book Creating Organizational Value through Dialogical Leadership by Jesper Jespersen
Cover of the book Waste Biomass Management – A Holistic Approach by Jesper Jespersen
Cover of the book Functional and Logic Programming by Jesper Jespersen
Cover of the book Advances in Chaos Theory and Intelligent Control by Jesper Jespersen
Cover of the book MultiMedia Modeling by Jesper Jespersen
Cover of the book Nonlinear Dynamics, Volume 1 by Jesper Jespersen
Cover of the book Forging Connections between Computational Mathematics and Computational Geometry by Jesper Jespersen
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy