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Endgame for the Euro : A Critical History / by B. Lucarelli

Publisher (London : Palgrave Macmillan UK : Imprint: Palgrave Pivot)
Year 2013
Edition 1st ed. 2013.
Authors *Lucarelli, B author
SpringerLink (Online service)

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OB00197421 Springer eBooks Economics and Finance (電子ブック) 9781137371904

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Material Type E-Book
Media type 機械可読データファイル
Size X, 170 p : online resource
Notes This text develops an original critical analysis of the origins and evolution of the euro and the current debt crisis that envelops the euro-zone. It provides a comprehensive critical historical narrative of the evolution of European Monetary Union (EMU). The history of the euro, culminating in the Maastricht blueprint in 1992, reveals that this deeply flawed monetary edifice was informed by the prevailing neoliberal/monetarist economic doctrines, favoured by Germany. The final blueprint witnessed the birth of an international currency which was devoid of a coherent sovereign power. The author's critique is informed by post-Keynesian theories of endogenous money. Lucarelli provides an essential contribution to the critique of the existing economic theories that continue to inform the evolution of the euro. In the absence of political union and a corresponding fiscal framework, the survival of the euro remains problematic. The imposition of harsh, neoliberal, austerity measures by the IMF/EU/ECB (Troika) on Europe's peripheral, deficit countries threaten the very existence of the euro-zone in its present form, and have set in motion powerful centrifugal forces, which could ultimately derail the entire post-war European project
HTTP:URL=https://doi.org/10.1057/9781137371904
Subjects LCSH:Macroeconomics
LCSH:Europe -- Politics and government  All Subject Search
LCSH:Economics
LCSH:International economic relations
LCSH:Finance
FREE:Macroeconomics and Monetary Economics
FREE:European Politics
FREE:Political Economy and Economic Systems
FREE:International Economics
FREE:Financial Economics
FREE:International Political Economy’
Classification LCC:HB172.5
DC23:339
ID 8000096424
ISBN 9781137371904

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