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The Euro - The Battle for the New Global Currency (Paperback, Revised edition)
Loot Price: R726
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The Euro - The Battle for the New Global Currency (Paperback, Revised edition)
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On the tenth anniversary of the Euro, a look at its tumultuous
history-and its future prospects This book is the first
comprehensive political and economic account of the birth and
development of the Euro. Today the Euro is the supranational
currency for sixteen European countries and the world's
second-largest reserve currency. David Marsh tells the story of the
rivalries, intrigues, and deal making that brought about a currency
for Europe, and he analyzes the achievements and shortcomings of
its first decade of existence. While the Euro represents a
remarkable triumph of political will, great pressures are building
on the single currency. Drawing on more than 100 interviews with
leading figures associated with the Euro, and scores of secret
documents from international archives, Marsh underscores the Euro's
importance for the global economy, in particular for U.S. and
British economic and political agendas. Hidden facts and fresh
insights from The Euro: How the legacy of France and Germany's
tortuous relations affects the Euro Why the United Kingdom is
unlikely to accept the Euro before 2025 The impact on the Euro of
the U.S. credit crisis How the Euro has rebounded against the
aspirations of its founders How Italy and Spain have massively lost
competitiveness Why radical changes must be adopted to prevent a
European upheaval
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