Saving Europe: How National Politics Nearly Destroyed the Euro

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9780815721963: Saving Europe: How National Politics Nearly Destroyed the Euro

Three times in the few years since the global financial crisis erupted, the euro has come close to extinction, endangering both the world economy and history's most ambitious project in shared sovereignty. Yet each time, the case for a common currency proved to be more compelling than its weaknesses, and the euro survived. Saving Europe reveals how the nexus of international economics and national politics pushed monetary union to the brink of a breakup, how that disastrous development was avoided, and why the long-term viability of a common currency challenges politics as we know it. Carlo Bastasin reveals and analyses what has been happening behind the scenes in European negotiations since the financial crisis began with the collapse of major financial institutions in 2008. He argues that the crisis in the euro zone actually has a political origin, having emerged from the self-interested abuses of national politics. Moreover, the crisis is reinforced even now by the obstinate defence of national prerogatives in politics and finance as well as by the lack of commitment for shared or supranational sovereignty. While the prevalent view is that monetary union was a flawed project from the start and is in need of amending, Bastasin shows that the failures have to do almost entirely with national opportunism --not only in Greece but in most countries, including Germany --and concludes that the crisis will lead to Europe's political union. Bastasin's work is an engrossing historical chronicle, interweaving moments of high drama with individual personalities on the world stage. German Chancellor Angela Merkel, French President Nicolas Sarkozy, and national and European central bankers, among others, play key roles. Saving Europe is also a rigorous attempt to make larger sense of what has happened in the euro zone and what might happen next. Given the central importance of Europe within the fragile world economy as well as growing speculation that the euro might disappear, this is essential reading for anyone trying to grasp international economics and politics. Just as important, it is a compelling tale of people, personalities, power, and money. There is no other book like it.

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Carlo Bastasin
Editore: Brookings Institution (2012)
ISBN 10: 081572196X ISBN 13: 9780815721963
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Descrizione libro Brookings Institution, 2012. HRD. Condizione libro: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria IB-9780815721963

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Bastasin, Carlo
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Descrizione libro Brookings Institution Press, 2012. Hardcover. Condizione libro: New. book. Codice libro della libreria 081572196X

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Descrizione libro Brookings Institution Press. Hardcover. Condizione libro: New. 081572196X. Codice libro della libreria Z081572196XZN

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Descrizione libro BROOKINGS INSTITUTION, United States, 2012. Hardback. Condizione libro: New. 234 x 165 mm. Language: English . Brand New Book. Three times in the few years since the global financial crisis erupted, the euro has come close to extinction, endangering both the world economy and history s most ambitious project in shared sovereignty. Yet each time, the case for a common currency proved to be more compelling than its weaknesses, and the euro survived. Saving Europe reveals how the nexus of international economics and national politics pushed monetary union to the brink of a breakup, how that disastrous development was avoided, and why the long-term viability of a common currency challenges politics as we know it. Carlo Bastasin reveals and analyses what has been happening behind the scenes in European negotiations since the financial crisis began with the collapse of major financial institutions in 2008. He argues that the crisis in the euro zone actually has a political origin, having emerged from the self-interested abuses of national politics. Moreover, the crisis is reinforced even now by the obstinate defence of national prerogatives in politics and finance as well as by the lack of commitment for shared or supranational sovereignty. While the prevalent view is that monetary union was a flawed project from the start and is in need of amending, Bastasin shows that the failures have to do almost entirely with national opportunism --not only in Greece but in most countries, including Germany --and concludes that the crisis will lead to Europe s political union. Bastasin s work is an engrossing historical chronicle, interweaving moments of high drama with individual personalities on the world stage. German Chancellor Angela Merkel, French President Nicolas Sarkozy, and national and European central bankers, among others, play key roles. Saving Europe is also a rigorous attempt to make larger sense of what has happened in the euro zone and what might happen next. Given the central importance of Europe within the fragile world economy as well as growing speculation that the euro might disappear, this is essential reading for anyone trying to grasp international economics and politics. Just as important, it is a compelling tale of people, personalities, power, and money. There is no other book like it. Codice libro della libreria AAC9780815721963

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Carlo Bastasin
Editore: BROOKINGS INSTITUTION, United States (2012)
ISBN 10: 081572196X ISBN 13: 9780815721963
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Descrizione libro BROOKINGS INSTITUTION, United States, 2012. Hardback. Condizione libro: New. 234 x 165 mm. Language: English . Brand New Book. Three times in the few years since the global financial crisis erupted, the euro has come close to extinction, endangering both the world economy and history s most ambitious project in shared sovereignty. Yet each time, the case for a common currency proved to be more compelling than its weaknesses, and the euro survived. Saving Europe reveals how the nexus of international economics and national politics pushed monetary union to the brink of a breakup, how that disastrous development was avoided, and why the long-term viability of a common currency challenges politics as we know it. Carlo Bastasin reveals and analyses what has been happening behind the scenes in European negotiations since the financial crisis began with the collapse of major financial institutions in 2008. He argues that the crisis in the euro zone actually has a political origin, having emerged from the self-interested abuses of national politics. Moreover, the crisis is reinforced even now by the obstinate defence of national prerogatives in politics and finance as well as by the lack of commitment for shared or supranational sovereignty. While the prevalent view is that monetary union was a flawed project from the start and is in need of amending, Bastasin shows that the failures have to do almost entirely with national opportunism --not only in Greece but in most countries, including Germany --and concludes that the crisis will lead to Europe s political union. Bastasin s work is an engrossing historical chronicle, interweaving moments of high drama with individual personalities on the world stage. German Chancellor Angela Merkel, French President Nicolas Sarkozy, and national and European central bankers, among others, play key roles. Saving Europe is also a rigorous attempt to make larger sense of what has happened in the euro zone and what might happen next. Given the central importance of Europe within the fragile world economy as well as growing speculation that the euro might disappear, this is essential reading for anyone trying to grasp international economics and politics. Just as important, it is a compelling tale of people, personalities, power, and money. There is no other book like it. Codice libro della libreria AAC9780815721963

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Carlo Bastasin
ISBN 10: 081572196X ISBN 13: 9780815721963
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Descrizione libro Hardcover. Condizione libro: New. 164mm x 33mm x 242mm. Hardcover. Three times in the few years since the global financial crisis erupted, the euro has come close to extinction, endangering both the world economy and history's most ambitious project in sh.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 405 pages. 0.771. Codice libro della libreria 9780815721963

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Carlo Bastasin
Editore: Brookings Institution 2012-03-27 (2012)
ISBN 10: 081572196X ISBN 13: 9780815721963
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Descrizione libro Brookings Institution 2012-03-27, 2012. Condizione libro: New. Brand new book, sourced directly from publisher. Dispatched within 2 working days from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Codice libro della libreria NU-ING-00905929

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Carlo Bastasin
Editore: Brookings Institution Press
ISBN 10: 081572196X ISBN 13: 9780815721963
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Descrizione libro Brookings Institution Press. Hardcover. Condizione libro: New. Hardcover. 405 pages. Dimensions: 9.2in. x 6.5in. x 1.5in.Carlo Bastasin, an economist and journalist, reveals the unknown events that have happened behind the scenes in European capitals during the ongoing financial crisis, beginning in 2008 with the collapse of major financial institutions. He argues that the crisis in the euro-zone has a political origin in the abuses of national politics unable to cope with the pressure of globalization. Moreover, the crisis is reinforced even now by the obstinate defense of national prerogatives in politics and finance and by the lack of commitment for shared or supranational sovereignty. While the consensus view is that monetary union was a flawed project and must be amended, Bastasin shows that the failures have to do almost entirely with national opportunism not only in Greece but everywhere, not least in Germany. Saving Europe is the first major book on these momentous developments and their likely ramifications. Bastasins compelling work is an engrossing historical chronicle, weaving moments of high drama with individual personalities on the world stage. Germany chancellor Angela Merkel, French president Nicolas Sarkozy, and British prime minister Gordon Brown play central roles. This is also a scholarly attempt to make larger sense of what happened and what could happen next. Given the critical role and importance of Europe within the world economy as well as growing speculation that the euro might disappear, this is essential reading for anyone trying to grasp international economics. Just as important, it is a fascinating tale of people, personalities, and power. There is no other book like it. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Codice libro della libreria 9780815721963

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Carlo Bastasin
Editore: Brookings Institution (2012)
ISBN 10: 081572196X ISBN 13: 9780815721963
Nuovi Quantità: 3
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Descrizione libro Brookings Institution, 2012. HRD. Condizione libro: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria IB-9780815721963

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