عنوان

Europe's orphan :

(Number (ISBN

1400885515

(Number (ISBN

9781400885510

Erroneous ISBN

069116830X

Erroneous ISBN

0691175942

Erroneous ISBN

9780691168302

Erroneous ISBN

9780691175942

Title Proper

Europe's orphan :

General Material Designation

[Book]

Other Title Information

the future of the euro and the politics of debt /

First Statement of Responsibility

Martin Sandbu.

Edition Statement

[Revised] paperback edition.

Place of Publication, Distribution, etc.

Princeton :

Name of Publisher, Distributor, etc.

Princeton University Press,

Date of Publication, Distribution, etc.

2017.

Date of Publication, Distribution, etc.

©2015

Specific Material Designation and Extent of Item

1 online resource (xx, 317 pages)

Text of Note

Includes bibliographical references and index.

Text of Note

Preface to the paperback edition -- Preface -- 1. A gaint historic mistake? -- 2. Before the fall -- 3. Greece and the idolatry of debt -- 4. Ireland : the private is political -- 5. Europe digs deeper -- 6. Righting the course : from bail-out to bail-in -- 7. If Europe dared to write down debt -- 8. Eurpoe's real economic challenges -- 9. The politics that the euro needs -- 10. Great Britain or little England? -- 11. Remembering what the euro is for.

0

Text of Note

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. This book presents a compelling defense of the euro. It 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. The book 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. The book concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous. Contending that the euro has been wrongfully scapegoated for the eurozone's troubles, the book charts what actually must be done for the continent to achieve an economic and political recovery. This revised edition addresses the economic and political implications of Brexit. It charts what actually must be done for the continent to achieve a full recovery.

Source for Acquisition/Subscription Address

JSTOR

Stock Number

22573/ctt1vwmn6v

Title

Europe's orphan : the future of the euro and the politics of debt.

International Standard Book Number

9780691175942

Debt relief-- European Union countries.

Euro.

Eurozone.

Financial crises-- European Union countries.

Monetary policy-- European Union countries.

Money-- European Union countries.

BUSINESS & ECONOMICS-- Finance.

Crise financière.

Debt relief.

Dette publique.

Economic history.

Economic policy.

Euro

Euro.

Euro.

Eurozone.

Financial crises.

Finanskrisen 2008-2009.

Monetary policy.

Money.

Öffentliche Schulden

Penningpolitik.

POLITICAL SCIENCE-- Public Policy-- Economic Policy.

Politique économique.

Reprise économique.

Skuldavskrivning.

UE/CE Etats membres.

UE/CE Euro.

Währungspolitik

European Union countries, Economic conditions, 21st century.

European Union countries, Economic policy.

European Union countries.

Eurozone

0

0

7

7

BUS-- 027000

BUS023000

BUS045000

BUS069000

POL023000

POL024000

Number

Edition

Class number

Book number

Sandbu, Martin E.

Date of Transaction

20200822122928.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y