The Euro Why it Failed /

• Main Author: Jespersen, Jesper (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2016.
• Subjects: Europe > Politics and government.; European Economic Community literature.; Economic policy.; Economics.; European Integration.; Economic Policy.; European Politics.

This book takes a close look at macroeconomic imbalances within the Eurozone and explores the profound consequences the introduction of the European Monetary Union (EMU) has had on Euro area countries. Particular attention is given to balance of payments deficits and surpluses, and the profound diff...

Table of Contents:

• 1. Eurozone Crises
• 2. An 'Optimal' Currency Area: What Could it Mean?
• 3. Why was the EMU Established?: Different Perspectives
• 4. Balance of Payments Imbalances have Become the Achilles Heel of the EMU
• 5. Public Sector Deficit and Debt: Cause or Effect?
• 6. Macroeconomic Imbalances: Unemployment and Inequality
• 7. Distressed ECB and Financial Instability
• 8. Any Future for the Euro?.