The Euro: How a Common Currency Threatens the Future of Europe ab 16.49 € als epub eBook: . Aus dem Bereich: eBooks, Fachthemen & Wissenschaft, Politikwissenschaft,
Summary and Analysis of The Euro: How a Common Currency Threatens the Future of Europe ab 4.49 € als epub eBook: Based on the Book by Joseph E. Stiglitz. Aus dem Bereich: eBooks, Fachthemen & Wissenschaft, Politikwissenschaft,
Can Europe prosper without the euro? In 2010, the 2008 global financial crisis morphed into the "eurocrisis". It has not abated. The 19 countries of Europe that share the euro currency - the eurozone - have been rocked by economic stagnation and debt crises. Some countries have been in depression for years while the governing powers of the eurozone have careened from emergency to emergency, most notably in Greece. In The Euro, Nobel Prize-winning economist and best-selling author Joseph E. Stiglitz dismantles the prevailing consensus around what ails Europe, demolishing the champions of austerity while offering a series of plans that can rescue the continent - and the world - from further devastation. Hailed by its architects as a lever that would bring Europe together and promote prosperity, the euro has done the opposite. As Stiglitz persuasively argues, the crises revealed the shortcomings of the euro. Europe's stagnation and bleak outlook are direct results of the fundamental challenges in having a diverse group of countries share a common currency - the euro was flawed at birth, with economic integration outpacing political integration. Stiglitz shows how the current structure promotes divergence rather than convergence. The question, then, is: Can the euro be saved? After laying bare the European Central Bank's misguided inflation-only mandate and explaining how eurozone policies, especially toward the crisis countries, have further exposed the zone's flawed design, Stiglitz outlines three possible ways forward: fundamental reforms in the structure of the eurozone and the policies imposed on the member countries; a well-managed end to the single-currency euro experiment; or a bold, new system dubbed the "flexible euro". With its lessons for globalization in a world economy ever more deeply connected, The Euro is urgent and essential listening. 1. Language: English. Narrator: Alex Hyde White. Audio sample: http://samples.audible.de/bk/adbl/026834/bk_adbl_026834_sample.mp3. Digital audiobook in aax.
The Euro: How a Common Currency Threatens the Future of Europe is Nobel Prize-winning economist Joseph E. Stiglitz's evisceration of the euro as the cause of political and economic turmoil in Europe today. From the very start, the decision to create a single currency for Europe was a major mistake founded on faulty ideology and misconceived economic principles. The economic half-truths that guided the construction of the Eurozone no longer hold water in 2016 and are outdated. The Eurozone is a group of 19 countries with very different political, cultural, and economic systems. By binding them together on minimal convergence criteria and without the structural backbone to keep them unified, the Eurozone failed to create an ecosystem of shared risk and reward that would also provide the flexibility necessary for individual countries to manage crises autonomously. What's more, the austerity measures applied to crisis countries have been unfairly punitive. Please note: This is key takeaways and analysis of the book and not the original book. 1. Language: English. Narrator: Sam Scholl. Audio sample: http://samples.audible.de/bk/acx0/068882/bk_acx0_068882_sample.mp3. Digital audiobook in aax.
Fractured Continent is an urgent examination of how the political and social volatility in Europe impacts the United States and the rest of the world. The dream of a United States of Europe is unraveling in the wake of several crises now afflicting the continent. The single Euro currency threatens to break apart amid bitter arguments between rich northern creditors and poor southern debtors. Russia is back as an aggressive power, annexing Crimea, supporting rebels in eastern Ukraine, and waging media and cyber warfare against the West. Marine Le Pen's National Front won a record thirty-four percent of the French presidential vote despite the election of Emmanuel Macron. Europe struggles to cope with nearly two million refugees who fled conflicts in the Middle East and North Africa. Britain has voted to leave the European Union after forty-three years, the first time a member state has opted to quit the world's leading commercial bloc. At the same time, President Trump has vowed to pursue America First policies that may curtail U.S. security guarantees and provoke trade conflicts with its allies abroad. 1. Language: English. Narrator: Paul Boehmer. Audio sample: http://samples.audible.de/bk/tant/008399/bk_tant_008399_sample.mp3. Digital audiobook in aax.
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