The euro how a common currency threatens the future of Europe

Discusses how the 2008 financial crisis revealed the shortcomings of the euro and how it has caused Europe's economic stagnation, and outlines three possible plans for moving forward.

Main Author: Stiglitz, Joseph E. (Author)
Format: Books Print Book
Language: English
Published: New York, NY : W.W. Norton & Company, Inc., [2016]
Edition: First edition.
Subjects:
Table of Contents:
  • Part I. Europe in crisis
  • The euro crisis
  • The euro: the hope and the reality
  • Europe's dismal performance
  • Part II. Flawed from the start
  • When can a single currency ever work?
  • The euro: a divergent system
  • Monetary policy and the European Central Bank
  • Part III. Misconceived policies
  • Crises policies: how Troika policies compounded the flawed eurozone structure, ensuring depression
  • Structural reforms that further compounded failure
  • Part IV. A way forward?
  • Creating a eurozone that works
  • Can there be an amicable divorce?
  • Toward a flexible euro
  • The way forward.