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Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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Euroland and the World Economy - Global Player or Global Drag? (Hardcover)
Loot Price: R2,944
Discovery Miles 29 440
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Euroland and the World Economy - Global Player or Global Drag? (Hardcover)
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Little attention has been paid to the role of the European
economies, and notably of the euro area, in the current global
imbalance of international payments and growth rates, leading to
somewhat simplistic views of Euroland contributing to limiting
those imbalances and providing a template of economic policy for
the twenty-first century. In addition, an influential view
continues to stress the need for deeper and more comprehensive
supply-side, structural reforms as a means to protect Euroland from
potentially adverse global developments and play a positive role in
the orderly correction of global imbalances. The contributions in
this volume challenge this view and compellingly question, from a
variety of angles, many popular beliefs about the road to virtues
of Euroland, providing a comprehensive and fresh framework to
address important questions for the future of the euro, from a
critique of current macroeconomic policy institutions to proposals
for both soft and tougher modifications of euro institutions, all
pointing to a key question for the future of Europe: will the
single currency project contribute to world economic dynamism or
will it be driven by the vigour and vitality of others? Will
Euroland act as global player or global drag?
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