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The Euro And Its Threat to the Future of Europe
Stiglitz, Joseph Editor: Penguin Books UK Number of pages: 459 Dimensions: 129/198/22 Language: Anglais Article manque momentanément	ISBN: 0141983248 EAN: 9780141983240 OLF code: 7646594 Format: Poche format B Publication date: 28/11/2017 Category: Économie	Price: 18.80 € Vat: 5.5% Add to basket

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this is the essential, must-read guide to the future of Europe Solidarity and prosperity fostered by economic integration: this principle has underpinned the European project from the start, and the establishment of a common currency was supposed to be its most audacious and tangible achievement. Since 2008, however, the European Union has ricocheted between stagnation and crisis. The inability of the eurozone to match the recovery in the USA and UK has exposed its governing structures, institutions and policies as dysfunctional and called into question the viability of a common currency shared by such different economies as Germany and Greece. Designed to bring the European Union 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 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 then is: Can the euro be saved?

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