Europe isn't working / Larry Elliott and Dan Atkinson.

Format:

Book

Author/Creator:

Elliott, Larry, author.

Atkinson, Dan, author.

Language:

English

Subjects (All):

Manpower policy--European Union countries.

Manpower policy.

Unemployment--European Union countries.

Unemployment.

European Union countries--Economic policy.

European Union countries.

European Union countries--Economic conditions.

Physical Description:

1 online resource (321 p.)

Place of Publication:

New Haven, [Connecticut] ; London, [England] : Yale University Press, 2016.

Summary:

Europe's center-left is rapidly falling out of love with the European single currency. Fifteen years after its creation, British journalists Larry Elliott and Dan Atkinson assess its performance to show why. Looking at a range of key indicators the authors show how the euro has failed to deliver on its promise of more jobs, more growth and greater equality. Instead it has undermined the European Union. Â Elliott and Atkinson compare the European Central Bank to the Federal Reserve, arguing that the architects of the euro subjugated economic measures to political considerations. Consequently, countries that didn't meet the economic convergence criteria were still allowed entry. The end result is a dysfunctional currency union that is unable to cope with difficult economic circumstances. Assessing the situations in Greece, Germany, Italy, France, Ireland, and Iceland, as well as Britain, they show that the current policy of kicking the can down the road and hoping that something will turn up is proving increasingly unpopular with the currency's one-time fans in progressive politics. This engaging and accessibly written volume will be widely read by economists, pundits, and policymakers as Britain considers its future relationship with Europe.

Contents:

Preface 1 The real thing: A tale of two product launches

2 ‘A burning building with no exits’: Designing a euro inferno

3 The French vice: Gold, the euro and a peculiar taste for monetary discipline

4 No end of a lesson: Schools of thought collide in the Eurozone

5 Ire and ice: Two crises in a cruel sea

6 A bullet dodged: How Gordon Brown, Ed Balls and the man in the white coat saved Britain from a euro nightmare

7 The Sisyphus effect: Greece’s tormented euro-odyssey

8 The Italian job

9 Kicking the can: The Eurozone’s never-ending crisis

10 The end of the affair: Why the left is falling out of love with the euro; Endnotes; Index

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

0-300-22423-0