Europe's deadlock : how the Euro crisis could be solved - and why it won't happen / David Marsh.
By: Marsh, David [author.]
.
Material type:
BookPublisher: New Haven : Yale University Press, [2013]Description: 130 pages ; 20 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780300201208 (pbk.) :.Subject(s): Global Financial Crisis, 2008-2009| Item type | Current library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
| General lending | MTU Kerry North Campus Library Ground Floor Main | 338.94 MAR (Browse shelf(Opens below)) | Available | 38888000831630 |
Enhanced descriptions from Syndetics:
This short, fiercely argued book explains how five years of continuous crisis management not only have failed to resolve the Eurozone's problems but have actually made things worse. While austerity-wracked nations descend into misery and resentment, creditor countries fear that they will be forced to subsidize their weaker brethren indefinitely. Constructive dialogue has collapsed as European decisionmaking descends into terrified paralysis, and the potential paths out of the impasse are blocked by indecision and incompetence at the top.
As voters in Greece and Italy rebel against externally imposed hardship, and the sums needed to bail out failed economies reach ever more staggering proportions, the contradictions at the heart of the European project are becoming more and more obvious. Marsh warns that the current succession of complex technical fixes cannot sustain the Eurozone on life support indefinitely. Radical solutions are on offer, but without leaders who are strong and principled enough to push them through, Europe risks a depressing future of permanent decline.
Formerly CIP. Uk
Includes bibliographical references and index.
This volume argues that constructive dialogue has collapsed as EU decision-making descends into a state of terrified paralysis, and that although there are potential paths out of the impasse, all are blocked by indecision and timidity at the top. The author asks why five years of continuous crisis management have failed to resolve the Eurozone's problems.