Jason Manolopoulos combines his experience of the global financial
system, European politics and Greek society to demonstrate how one
of the EU's smaller countries played a catalytic role in a crisis
that threatens the future of the euro, and possibly even of the
European Union itself. He explores the historical legacy and
psychological biases that have shaped an on-going drama. While
leaders of the European Union criticise 'the markets' for
destabilizing the single currency, Manolopoulos interrogates the
shared beliefs of the EU and the investment banking community - and
how they colluded for a decade in the illusion that lending huge
sums to peripheral eurozone countries was safe. Policy and
investment errors bear marked similarities with earlier financial
crises - in particular the Exchange Rate Mechanism system and the
Argentine debt crisis. This inability to learn history's recent
lessons begs fundamental questions of policy making, which this
book discusses. Greek society also comes under scrutiny, as
shocking details of a kleptocratic political class and a wasteful
public sector are revealed. Manolopoulos traces these developments
back to dictatorship and civil war, but argues that there is no
excuse for their continuation in a modern democracy.
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!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
