Coverart for item
The Resource Europe's orphan : the future of the euro and the politics of debt, Martin Sandbu

Europe's orphan : the future of the euro and the politics of debt, Martin Sandbu

Label
Europe's orphan : the future of the euro and the politics of debt
Title
Europe's orphan
Title remainder
the future of the euro and the politics of debt
Statement of responsibility
Martin Sandbu
Creator
Author
Subject
Language
eng
Summary
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. In Europe's 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 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. Sandbu 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. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous--and risks sending the continent into further political paralysis and economic stagnation. Contending that the euro has been wrongfully scapegoated for the eurozone's troubles, Europe's Orphan charts what actually must be done for the continent to achieve an economic and political recovery
Cataloging source
IDEBK
Index
index present
Language note
In English
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Europe's orphan : the future of the euro and the politics of debt, Martin Sandbu
Label
Europe's orphan : the future of the euro and the politics of debt, Martin Sandbu
Link
http://www.jstor.org/stable/10.2307/j.ctt1vwmhkm
Publication
Related Contributor
Related Location
Related Agents
Related Authorities
Related Subjects
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
1. A gaint historic mistake? -- 2. Before the fall -- 3. Freece 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
http://library.link/vocab/cover_art
https://contentcafe2.btol.com/ContentCafe/Jacket.aspx?Return=1&Type=S&Value=9781400885510&userID=ebsco-test&password=ebsco-test
Dimensions
unknown
http://library.link/vocab/discovery_link
{'f': 'http://opac.lib.rpi.edu/record=b4400795'}
Extent
1 online resource (xiv, 313 pages)
Form of item
online
Isbn
9781400885510
Media category
computer
Media MARC source
rdamedia
Media type code
c
Specific material designation
remote

Library Locations

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      110 8th St, Troy, NY, 12180, US
      42.729766 -73.682577
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