The Economic Consequences of the Euro: The Safest Escape Plan (Economics in the Real World)
Language: English
Published by Routledge 2019-12-04, 2019
- Hardcover
- New
Seller: Chiron Media, Wallingford, United KingdomChiron Media
AbeBooks seller since August 2, 2010
Condition: New
£ 158.18
Quantity: 5 available
Add to basketSeller Inventory # 6666-TNFPD-9780367149352
- Title
- The Economic Consequences of the Euro: The Safest Escape Plan (Economics in the Real World)
- Author
- Stefan Kawalec, Ernest Pytlarczyk, Kamil Kaminski
- Publisher
- Routledge 2019-12-04
- Publication year
- 2019
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0367149354
- ISBN 13
- 9780367149352
- Series
- Book 10 of 11: Economics in the Real World
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.
"Synopsis" may belong to another edition of this title.
About the Author
Stefan Kawalec is the CEO of Capital Strategy, a strategy consulting company in Poland, and a co-founder of the European Solidarity Manifesto.
Ernest Pytlarczyk is the chief economist at mBank S.A., one of the biggest commercial banks in Poland and a subsidiary of Germany’s Commerzbank.
Kamil Kamiński is an advisor to the CEO of PKO Bank Polski S.A., Poland’s biggest commercial bank.
"About the title" may belong to another edition of this title.
Chiron Media
Wallingford, United Kingdom
AbeBooks seller since August 2, 2010
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