The Euro and the Battle of Ideas

Why is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe's survival. As the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments.

About the author

Harold James, geb. 1956, ist seit 1986 Professor für Geschichte an der Princeton University. Er beschäftigt sich seit Jahren besonders mit der deutschen Finanzgeschichte. Er hat an der Geschichte der Deutschen Bank ebenso mitgearbeitet wie an der der Bundesbank.

Summary

How philosophical differences between Eurozone nations led to the Euro crisis-and where to go from hereWhy is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean

Additional text

"One of The Economist’s Economics and Business Books of the Year 2016"

Product details

• Authors: Markus Brunnermeier, Markus K Brunnermeier, Markus K. Brunnermeier, Markus K. James Brunnermeier, Markus K./ James Brunnermeier, Brunnermeier Markus K., Harold James, Harold K.James, Jean-Pierre Landau, Landau Jean-Pierre
• Assisted by: Charlotte Hughes-Kreutzmüller (Translation)
• Publisher: Princeton University Press
• Languages: English
• Product format: Paperback / Softback
• Released: 31.05.2018
• EAN: 9780691178417
• ISBN: 978-0-691-17841-7
• No. of pages: 456
• Dimensions: 160 mm x 245 mm x 30 mm
• Subjects: Education and learning > Teaching preparation > Vocational needs; Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / International / General, International Economics, Monetary Economics