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

Business & Finance, Economics, Money & Monetary Policy, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, International, International Relations
Cover of the book The Euro: How a Common Currency Threatens the Future of Europe by Joseph E. Stiglitz, W. W. Norton & Company
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Joseph E. Stiglitz ISBN: 9780393254037
Publisher: W. W. Norton & Company Publication: August 16, 2016
Imprint: W. W. Norton & Company Language: English
Author: Joseph E. Stiglitz
ISBN: 9780393254037
Publisher: W. W. Norton & Company
Publication: August 16, 2016
Imprint: W. W. Norton & Company
Language: English

The Nobel Prize–winning economist and best-selling author explains why saving Europe may mean abandoning the euro.

When Nobel Prize–winning economist Joseph E. Stiglitz posed this question in the original edition of The Euro, he lent much-needed clarity to a global debate that continues to this day. The euro was supposed to unify Europe and promote prosperity; in fact, it has done just the opposite. To save the European project, the euro may have to be abandoned. Since 2010, many of the 19 countries of Europe that share the euro currency—the eurozone—have been rocked by debt crises and mired in lasting stagnation, and the divergence between stronger and weaker economies has accelerated. In The Euro, Joseph E. Stiglitz explains precisely why the eurozone has performed so poorly, so different from the expectations at its launch: at the core of the failure is the structure of the eurozone itself, the rules by which it is governed. Stiglitz reveals three potential paths forward: drastic structural reforms, not of the individual countries, but of the eurozone; a well-managed dissolution of the euro; or a bold new system dubbed the “flexible euro.” With trenchant analysis—and brand new material on Brexit—The Euro is urgent and timely reading.

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

The Nobel Prize–winning economist and best-selling author explains why saving Europe may mean abandoning the euro.

When Nobel Prize–winning economist Joseph E. Stiglitz posed this question in the original edition of The Euro, he lent much-needed clarity to a global debate that continues to this day. The euro was supposed to unify Europe and promote prosperity; in fact, it has done just the opposite. To save the European project, the euro may have to be abandoned. Since 2010, many of the 19 countries of Europe that share the euro currency—the eurozone—have been rocked by debt crises and mired in lasting stagnation, and the divergence between stronger and weaker economies has accelerated. In The Euro, Joseph E. Stiglitz explains precisely why the eurozone has performed so poorly, so different from the expectations at its launch: at the core of the failure is the structure of the eurozone itself, the rules by which it is governed. Stiglitz reveals three potential paths forward: drastic structural reforms, not of the individual countries, but of the eurozone; a well-managed dissolution of the euro; or a bold new system dubbed the “flexible euro.” With trenchant analysis—and brand new material on Brexit—The Euro is urgent and timely reading.

More books from W. W. Norton & Company

Cover of the book Yoga for Osteoporosis: The Complete Guide by Joseph E. Stiglitz
Cover of the book Children Who Fail at School But Succeed at Life: Lessons from Lives Well-Lived by Joseph E. Stiglitz
Cover of the book The Alps: A Human History from Hannibal to Heidi and Beyond by Joseph E. Stiglitz
Cover of the book For Liberty and Glory: Washington, Lafayette, and Their Revolutions by Joseph E. Stiglitz
Cover of the book The Iron Wall: Israel and the Arab World (Updated and Expanded) by Joseph E. Stiglitz
Cover of the book How We Live and Why We Die: The Secret Lives of Cells by Joseph E. Stiglitz
Cover of the book Posthumous Keats: A Personal Biography by Joseph E. Stiglitz
Cover of the book Mermaids in Paradise: A Novel by Joseph E. Stiglitz
Cover of the book Consumed: How Markets Corrupt Children, Infantilize Adults, and Swallow Citizens Whole by Joseph E. Stiglitz
Cover of the book Something for the Pain: Compassion and Burnout in the ER by Joseph E. Stiglitz
Cover of the book Earth: The Sequel: The Race to Reinvent Energy and Stop Global Warming by Joseph E. Stiglitz
Cover of the book Surviving Survival: The Art and Science of Resilience by Joseph E. Stiglitz
Cover of the book The China Mission: George Marshall's Unfinished War, 1945-1947 by Joseph E. Stiglitz
Cover of the book The Fact of a Doorframe: Poems 1950-2001 by Joseph E. Stiglitz
Cover of the book Gregorius: A Novel by Joseph E. Stiglitz
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