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The Future of the Euro
Matthias Matthijs
€ 58.64
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Description for The Future of the Euro
Paperback. The Future of the Euro is an attempt by political economists to scrutinize the fundamental causes of the euro crisis, determine how it could be fixed, and consider its possible futures. The book makes three interrelated arguments about the euro's problem, experience, and future that stress the primacy of political over economic factors. Editor(s): Matthijs, Matthias; Blyth, Mark. Num Pages: 368 pages. BIC Classification: KCBM; KCP; KCS. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 237 x 157 x 27. Weight in Grams: 486.
The Future of the Euro is an attempt by political economists to analyze the fundamental causes of the euro crisis, determine how it can be fixed, and consider what likely futures lie ahead for the currency. The book makes three interrelated arguments that emphasize the primacy of political over economic factors. First, the 'euro problem' is discussed as the result of the single currency's fundamental lack of institutional embeddedness, insofar as its original design omitted three 'forgotten unions' alongside of monetary union: a financial and banking union, mutually supporting institutions of fiscal union and economic government, and a political union holding similar legitimacy to the nation-state. Second, the 'euro experience' shows how the euro's unfinished design led to economic divergence - quietly altering the existing distribution of economic and political power within Europe prior to the crisis - which in turn determined the EU's crisis response. The book highlights how the euro's four most important members - Germany, France, Italy and Spain - each changed once they adopted the euro, why the crisis affected them so differently, and how each has since struggled to live with the commitments the euro necessitates. Third, the book examines three possible 'euro futures' through the lens of the politics of its reluctant leader Germany; through the lens of the EU's capacity to 'move forward' through crises; and through the geopolitical lens of the international monetary system. The book concludes that any successful long-term solution to the euro's predicament needs to start with the political foundations of markets.
Product Details
Publisher
Oxford University Press Inc
Format
Paperback
Publication date
2015
Condition
New
Weight
487g
Number of Pages
368
Place of Publication
New York, United States
ISBN
9780190233242
SKU
V9780190233242
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-2
About Matthias Matthijs
MM: Assistant Professor of International Political Economy, Johns Hopkins University-SAISMB: Professor of Political Science, Brown University and author of Austerity (OUP) and Great Transformations (Cambridge UP)
Reviews for The Future of the Euro
[a] coherent collection of essays by a group of political economists ... the contributions also shatter some complacent assumptions about the EU.
Hans Kundnani, Times Literary Supplement
This is a very timely book. The authors of this collection of essays are world class researchers. They provide us with an exhaustive analysis of the necessary political steps to be undertaken to make the Eurozone sustainable in the long run. There is still a long way to go. In this exciting book we learn what this road will look like.
Paul De Grauwe, John Paulson Chair in European Political Economy, London School of Economics
A vital contribution-if you want to understand the challenges at the heart of Europe's continuing crisis, put yourself in the hands of this dream-team of experts. Matthijs and Blyth have crafted a volume that is both timely and essential.
Jonathan David Kirshner, Stephen and Barbara Friedman Professor of International Political Economy, Cornell University
Hans Kundnani, Times Literary Supplement
This is a very timely book. The authors of this collection of essays are world class researchers. They provide us with an exhaustive analysis of the necessary political steps to be undertaken to make the Eurozone sustainable in the long run. There is still a long way to go. In this exciting book we learn what this road will look like.
Paul De Grauwe, John Paulson Chair in European Political Economy, London School of Economics
A vital contribution-if you want to understand the challenges at the heart of Europe's continuing crisis, put yourself in the hands of this dream-team of experts. Matthijs and Blyth have crafted a volume that is both timely and essential.
Jonathan David Kirshner, Stephen and Barbara Friedman Professor of International Political Economy, Cornell University