Book The euro : how a common currency threatens the future of Europe / Joseph E. Stiglitz.
Publication year: 
Call Number HG925 .S75 2016
Media class: Book
Edition: First edition.
Publisher: New York, NY : W.W. Norton & Company, Inc
ISBN: 9780393254020 039325402X
Extent: xxix, 416 pages ; 25 cm
Discusses how the 2008 financial crisis revealed the shortcomings of the euro and how it has caused Europe's economic stagnation, and outlines three possible plans for moving forward.
Part I. Europe in crisis -- The euro crisis -- The euro: the hope and the reality -- Europe's dismal performance -- Part II. Flawed from the start -- When can a single currency ever work? -- The euro: a divergent system -- Monetary policy and the European Central Bank -- Part III. Misconceived policies -- Crises policies: how Troika policies compounded the flawed eurozone structure, ensuring depression -- Structural reforms that further compounded failure -- Part IV. A way forward? -- Creating a eurozone that works -- Can there be an amicable divorce? -- Toward a flexible euro -- The way forward.