The euro how a common currency threatens the future of europe

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The euro how a common currency threatens the future of europe

theEUROH0WAC0MM0N CURRENCY THREATENS THE FUTURE o/ EUROPEJOSEPH E.STIGLITZiri n n e r of T II E X o B E L PHIZ ETHEEUROHOW A COMMON CURRENCYTHREATENS

The euro how a common currency threatens the future of europe THEFUTURE OF EUROPEJOSEPH E. STIGLITZw. w. Norton & Company independent Publishers Since >923 Hew York. LondonTo the future of Europe and the Europea

n project upon which so much depends, in the h htfns7/|(hothuvien corn policies ensuring Its prosperity and promoting its solidar H •CONTENTSPrefacePA The euro how a common currency threatens the future of europe

RT I. EUROPE IN CRISIS1.THE EURO CRISIS2.THE EURO: THE HOPE AND THE REALITY3.EUROPE’S DISMAL PERFORMANCEPART II. FLAWED FROM THE START4.WHEN CAN A SIN

The euro how a common currency threatens the future of europe

GLE CURRENCY EVER WORK?5.THE EURO: A DIVERGENT SYSTEM6.MONETARY POLICY AND THE EUROPEAN CENTRAL BANKPART III. MISCONCEIVED POLICIES7.CRISES POLICIES:

theEUROH0WAC0MM0N CURRENCY THREATENS THE FUTURE o/ EUROPEJOSEPH E.STIGLITZiri n n e r of T II E X o B E L PHIZ ETHEEUROHOW A COMMON CURRENCYTHREATENS

The euro how a common currency threatens the future of europeRWARD?9.CREATING A EUROZONE THAT WORKS10.CAN THERE BE AN AMICABLE DIVORCE?11.TOWARD A FLEXIBLE EURO12.THE WAY FORWARDNotes-AcknowledgmentsIndex

theEUROH0WAC0MM0N CURRENCY THREATENS THE FUTURE o/ EUROPEJOSEPH E.STIGLITZiri n n e r of T II E X o B E L PHIZ ETHEEUROHOW A COMMON CURRENCYTHREATENS