Euro PDF
By:Joseph Stiglitz
Published on 2017-03-20 by Penguin Press
|Designed to bring Europe closer together, the euro has actually done the opposite- after nearly a decade without growth, unity has been replaced with dissent and enlargements with prospective exits. Joseph Stiglitz argues that Europe's stagnation and bleak outlook are a direct result of the fundamental flaws inherent in the euro project - economic integration outpacing political integration with a structure that actively promotes divergence rather than convergence. Money relentlessly leaves the weaker member states and goes to the strong, with debt accumulating in a few ill-favoured countries. The question now 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, 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 euro; or a bold, new system he dubs the 'flexible euro;. This important book, by one of the world's leading economists, addresses the euro-crisis on a bigger intellectual scale than any predecessor.|
This Book was ranked at 26 by Google Books for keyword Business Money Finance novel.
Book ID of Euro's Books is Z64qvgAACAAJ, Book which was written byJoseph Stiglitzhave ETAG "ICa2hj9hUsw"
Book which was published by Penguin Press since 2017-03-20 have ISBNs, ISBN 13 Code is 9780141983240 and ISBN 10 Code is 0141983248
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Book which have "304 Pages" is Printed at BOOK under Category
Book was written in en
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