• Sign In / Register
  • Help
  • Basket0
The Future of the Euro (Hardback)
  • The Future of the Euro (Hardback)
zoom

The Future of the Euro (Hardback)

(editor), (editor)
£74.00
Hardback 368 Pages / Published: 30/04/2015
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket
The Future of the Euro is an attempt by political economists to analyze the fundamental causes of the euro crisis, determine how it can be fixed, and consider what likely futures lie ahead for the currency. The book makes three interrelated arguments that emphasize the primacy of political over economic factors. First, the 'euro problem' is discussed as the result of the single currency's fundamental lack of institutional embeddedness, insofar as its original design omitted three 'forgotten unions' alongside of monetary union: a financial and banking union, mutually supporting institutions of fiscal union and economic government, and a political union holding similar legitimacy to the nation-state. Second, the 'euro experience' shows how the euro's unfinished design led to economic divergence - quietly altering the existing distribution of economic and political power within Europe prior to the crisis - which in turn determined the EU's crisis response. The book highlights how the euro's four most important members - Germany, France, Italy and Spain - each changed once they adopted the euro, why the crisis affected them so differently, and how each has since struggled to live with the commitments the euro necessitates. Third, the book examines three possible 'euro futures' through the lens of the politics of its reluctant leader Germany; through the lens of the EU's capacity to 'move forward' through crises; and through the geopolitical lens of the international monetary system. The book concludes that any successful long-term solution to the euro's predicament needs to start with the political foundations of markets.

Publisher: Oxford University Press
ISBN: 9780190233235
Number of pages: 368
Weight: 738 g
Dimensions: 241 x 162 x 28 mm


MEDIA REVIEWS
[a] coherent collection of essays by a group of political economists ... the contributions also shatter some complacent assumptions about the EU. * Hans Kundnani, Times Literary Supplement *
This is a very timely book. The authors of this collection of essays are world class researchers. They provide us with an exhaustive analysis of the necessary political steps to be undertaken to make the Eurozone sustainable in the long run. There is still a long way to go. In this exciting book we learn what this road will look like. * Paul De Grauwe, John Paulson Chair in European Political Economy, London School of Economics *
A vital contribution-if you want to understand the challenges at the heart of Europe's continuing crisis, put yourself in the hands of this dream-team of experts. Matthijs and Blyth have crafted a volume that is both timely and essential. * Jonathan David Kirshner, Stephen and Barbara Friedman Professor of International Political Economy, Cornell University *
Authors of the 12 essays in this volume review developments leading up to the euros introduction, examine the causes for the euros disappointing performance, and question the prospects for its future. * C. J. Siegman, CHOICE *

You may also be interested in...

The Little Book of Currency Trading
Added to basket
Unhappy Union
Added to basket
£15.00
Paperback
The Rotten Heart of Europe
Added to basket
Globalizing Capital
Added to basket
The Cash Nexus
Added to basket
£16.99
Paperback
Currency Wars
Added to basket
£14.99
Paperback
The Money Machine
Added to basket
£10.99
Paperback
FT Guide to Foreign Exchange Trading
Added to basket
Economics: A Very Short Introduction
Added to basket
Logic Problems for Money Minds
Added to basket
The Death of Money
Added to basket
Modern Financial Markets & Institutions
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.