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The Economic Consequences of the Euro
By:Stefan Kawalec,Ernest Pytlarczyk,Kamil Kami ński
Published on 2019-12-19 by Routledge

This book presents a new narrative on the eurozone crisis. It argues that the common currency has the potential to kill the European Union, and the conventional wisdom that the eurozone can be fixed by a common budget and further political integration is incorrect. The authors address key questions such as why the European Union and the single market have been successful, why the common currency poses a threat to European integration, and whether it is possible to either fix the eurozone or dissolve it while keeping the EU and the single market. Contrary to the view that it would be best if the Southern European countries left the eurozone first, the book makes the case that the optimal solution would be to start the process with the most competitive countries exiting first. The authors argue that a return to national currencies would be beneficial not only to the crisis-ridden southern countries, but also to France and Germany, which were the main promoters of the single currency. An organised unwinding of the euro area would be beneficial both for the European economy and for Europe’s main trading partners. The authors contend that to defend the euro at all costs weakens the European economy and threatens the cohesion of the European Union. If pro-European and pro-market EU leaders do not dismantle the eurozone, it will most likely be done by their anti-European and anti-market successors. If that happens, the European Union and the common market will be destroyed. This book will be a useful and engaging contribution to the existing literature in the fields of macro, monetary and international finance and economics.

This Book was ranked at 2 by Google Books for keyword Gold bloc.

Book ID of The Economic Consequences of the Euro's Books is w_rADwAAQBAJ, Book which was written byStefan Kawalec,Ernest Pytlarczyk,Kamil Kami ńskihave ETAG "Eb/n17dtge0"

Book which was published by Routledge since 2019-12-19 have ISBNs, ISBN 13 Code is 9780429624186 and ISBN 10 Code is 0429624182

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Book which have "212 Pages" is Printed at BOOK under CategoryBusiness and Economics

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