1.

Record Nr.

UNINA9910462541703321

Autore

Mayer Thomas <1954->

Titolo

Europe's unfinished currency [[electronic resource] ] : the political economics of the Euro / / Thomas Mayer

Pubbl/distr/stampa

London ; ; New York, : Anthem Press, c2012

ISBN

0-85728-553-X

0-85728-554-8

Descrizione fisica

1 online resource (257 p.)

Disciplina

332.4/94

Soggetti

Euro

Money - European Union countries

Eurozone

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

A question of war and peace -- No longer a question of war and peace -- A history of failures -- The euro's happy childhood and its abrupt end -- A crisis of legitimacy -- A (hidden) balance-of-payments crisis -- Forward or backward? -- In search of a lender of last resort -- The politics of euro rescue -- Why europe needs the euro -- A new foundation for emu -- Summary and conclusions.

Sommario/riassunto

The euro was originally seen as another stepping stone to a politically unified Europe. Yet with the fall of the Berlin Wall, the disintegration of the Soviet Union and the unification of Germany, the need for European political union as a means to ensure peace in Europe disappeared. Due to the fading will for full political union, the euro project lost the prospect of a stable platform in the foreseeable future. As a result, the euro crisis forces policymakers to develop a new architecture for EMU. ?Europe's Unfinished Currency' proposes that this can only be done by way of a cu