Books > Business & Economics > Economics > Macroeconomics
|
Buy Now
EuroTragedy - A Drama in Nine Acts (Hardcover)
Loot Price: R1,120
Discovery Miles 11 200
You Save: R99
(8%)
|
|
EuroTragedy - A Drama in Nine Acts (Hardcover)
Expected to ship within 10 - 15 working days
|
The promise of the European pursuit of ever closer union created
tremendous optimism that conflict was the past and harmony would be
the future. The enthusiasm for economic integration and monetary
union, through the Euro, enhanced the confidence that differences
among countries could be overcome. In this dynamic and incisive
overview of the European project from its beginnings, Ashoka Mody
convincingly demonstrates that the tensions and flaws of the
European project were both baked-in and foreseen from the
beginning. He focuses on personalities whose ambitious and
relentless push for integration led them to choose facts and
analysis consistent with their visions and to dismiss warnings of
turbulence. They thus laid the seeds for disappointment. Mody
examines key moments when contradictions were papered-over,
compromising the integrity of integration. And throughout he shows
how political and economic leaders believed the stories they told
themselves about the inevitability of a united Europe as a
foundation of peace, prosperity, and democratic ideals, even in the
face of warnings from the earliest stages that while the political
pillars seemed strong, the economic foundations were weak. Mody
compellingly shows how monetary union impaired European integration
rather than enhancing it. European countries have always has vastly
different economic conditions, and the common currency increased
divergences rather than smoothing them, as many analysts warned at
the time. The economic, financial, and political pathologies of the
euro were there from the beginning, even if the global economic
boom hid them. With political and economic elites benefitting, they
could ignore the growing the discontent of those who suffered and
the growing antipathy to the European project in national
heartlands. When crisis inevitably hit, leaders denied, delayed,
and took half-measures that only further alienated people. And if
once the inability to deliver on the economic promise caused the
political handicaps to worsen, now the political splintering is
making it harder to mount an economic response.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.