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Europe’s Orphan
The Future of the Euro and the Politics of Debt
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Gewicht:
536 g
Format:
243x158x23 mm
Beschreibung:
Martin Sandbu has been writing about economics for the Financial Times since 2009. Formerly the newspaper¿s economics leader writer, he currently writes the newspaper¿s Free Lunch premium economics newsletter. Previously, he was a senior research fellow at the Zicklin Center for Business Ethics Research at the Wharton School of the University of Pennsylvania. He is the author of Just Business: Arguments in Business Ethics.
In Europes Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the Eurozone and its member countries. The subsequent self-inflicted financial crisis and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. Contending that the euro has been wrongfully scapegoated for the Eurozones troubles, Europes Orphan charts what actually must be done for the continent to achieve an economic and political recovery.