The crisis in the euro area is a defining moment in the history of
European integration. It has revealed major flaws in the
architecture of the European Union; it has challenged European
institutions to shape an appropriate response; and it has tested
the patience of a European public that is eager to see their
economic prospects improve again. This volume brings together some
of the world's top economists and policymakers to explain how this
crisis came about and what is to be done. The policy agenda these
chapters establish is going to be difficult to implement, not least
because of popular misunderstanding and political opposition. This
book argues, that it is essential that European policymakers push
forward this agenda or they run the risk of seeing Europe's
economies fall back into crisis. This book was previously published
as a special issue of the Journal of European Integration.
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