Europe's Deadlock: How the Euro Crisis Could Be Solved - and Why It Won't Happen - Brossura

Marsh, David

Brossura

ISBN 10: 0300201206 ISBN 13: 9780300201208

Casa editrice: Yale Univ Pr, 2013

Riassunto

This short, fiercely argued book explains how five years of continuous crisis management not only have failed to resolve the Eurozone’s problems but have actually made things worse. While austerity-wracked nations descend into misery and resentment, creditor countries fear that they will be forced to subsidize their weaker brethren indefinitely. Constructive dialogue has collapsed as European decisionmaking descends into terrified paralysis, and the potential paths out of the impasse are blocked by indecision and incompetence at the top.

As voters in Greece and Italy rebel against externally imposed hardship, and the sums needed to bail out failed economies reach ever more staggering proportions, the contradictions at the heart of the European project are becoming more and more obvious. Marsh warns that the current succession of complex technical fixes cannot sustain the Eurozone on life support indefinitely. Radical solutions are on offer, but without leaders who are strong and principled enough to push them through, Europe risks a depressing future of permanent decline.

Su questo libro

Recensione:

'Marsh is an expert chronicler of European monetary union, and his analysis deserves serious consideration.' --George Soros

'David Marsh's short book is a more sceptical take on the euro crisis. A seasoned Bunesbank-watcher and historian of the euro, he has long argued, as did the Bundesbank, that the single currency cannot work without fiscal and political union.' --The Economist, 18th July 2013

'An admirably lucid analysis. Marsh weaves together the politics as well as the economics of the euro.' --Lord (Nigel) Lawson

'A concise and devastating analysis...A must-read for all in the world of finance.' --Lord (Meghnad) Desai, Emeritus Professor of Economics, London School of Economics and Political Science

'Although I am more optimistic than David Marsh about the possibility of a political and economic solution to the euro crisis, he accurately identifies all the main problems facing Europe's present leaders.' --Gerhard Schröder

'An excellent read - I enjoyed every one of its 120-plus pages.' --Lord (David Owen)

'The euro crisis is a moving target, and only someone with David Marsh's remarkable instincts has the remotest chance of hitting it. The book is a bull's eye.' --Professor Barry Eichengreen

L'autore:

David Marsh is chairman and cofounder of the Official Monetary and Financial Institutions Forum.

Su questa edizione

• Editore: Yale Univ Pr
• Data di pubblicazione: 2013
• ISBN 10: 0300201206
• ISBN 13: 9780300201208
• Rilegatura: Copertina flessibile
• Numero di pagine: 130