03599nam 2200625 a 450 991082697640332120240418010905.00-300-20438-810.12987/9780300204384(CKB)2550000001110690(EBL)3421267(SSID)ssj0001157907(PQKBManifestationID)11639537(PQKBTitleCode)TC0001157907(PQKBWorkID)11209172(PQKB)10332426(MiAaPQ)EBC3421267(DE-B1597)486380(OCoLC)855907792(DE-B1597)9780300204384(EXLCZ)99255000000111069020130819d2013 uy 0engur|nu---|u||utxtccrEurope's deadlock how the euro crisis could be solved-- and why it won't happen /David Marsh1st ed.New Haven Yale University Press20131 online resource (145 p.)Description based upon print version of record.0-300-20120-6 1-299-78103-9 Includes bibliographical references and index.Front matter --Contents --Preface --Introduction --1 .Unhappy family --2. Dashed illusions --3. The German question revisited --4. Winners and losers --5. A dangerous vacuum --6. Irreparable errors --7 .The technocrats stumble --8. A bank unlike the others --9. The Cyprus cauldron --10. Sovereignty - the tipping point --11. Fear holds the key --12. Germany's limits --13 .The French connection --14 .The Bundesbank strikes back --15. In Italy, more showdowns --16 .The chimera of banking union --17 .The IMF's European conundrum --18. Anglo-Saxon ambivalence --19. Asia's star rises --20. War and peace --Notes --IndexIn this short, fiercely argued book, David Marsh explains how five years of continuous crisis management not only have failed to resolve the EurozoneÆs problems but have actually made things worse. While austerity-wracked southern states descend into misery and resentment, creditor countriesùled by Germanyùfear that they will be forced to subsidize their weaker brethren indefinitely. Constructive dialogue has collapsed as European decision making 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.EuroEurozoneFinancial crisesEuropean Union countriesMonetary policyEuropean Union countriesEuropean Union countriesEconomic conditionsEuro.Eurozone.Financial crisesMonetary policy338.94Marsh David119516MiAaPQMiAaPQMiAaPQBOOK9910826976403321Europe's deadlock4125180UNINA