EUROPES ORPHAN

Erscheinungsjahr 2015
ISBN: 978-0-691-16830-2
Verlag: Princeton Univers. Press

Buch, Englisch, 336 Seiten, Format (B × H): 158 mm x 243 mm, Gewicht: 536 g

In Europes Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He 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 subsequent self-inflicted financial crisis 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. Contending that the euro has been wrongfully scapegoated for the Eurozones troubles, Europes Orphan charts what actually must be done for the continent to achieve an economic and political recovery.

Autoren/Hrsg.

Sandbu, Martin