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Saving Europe: How National Politics Nearly Destroyed the Euro

by Carlo Bastasin

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One Line Summary of the Book

European Union's monetary politics and survival.

Who is this book for?

Imagine you're fascinated by the complexities of European economics and how political intricacies almost capsized an entire currency system. "Saving Europe" isn't just a history lesson; it's a deep dive into the razor's edge walk of the Euro, offering insights into the balancing act between national interests and collective financial stability. If you appreciate understanding the backstories to major economic events, this book reads almost like a thrilling political drama, revealing the tightrope walked by policymakers.

A Note On Book Covers

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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Saving Europe: How National Politics Nearly Destroyed the Euro

Name: Saving Europe: How National Politics Nearly Destroyed the Euro
Price: 38.9 SGD
Availability: OutOfStock
Rating: 4.07 (15 reviews)
ISBN: 9780815721963

by Carlo Bastasin

~~$39.90~~ Now $27.90 Save 30%

Unit price: per

Condition: Well Read

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ISBN: 9780815721963

Authors: Carlo Bastasin

Publisher: Brookings Institution Press

Date of Publication: 2012-03-29

Format: Hardcover

Related Collections: Politics, Economics, History

Related Topics: Society, Political Science, Government, Finance, European History, Sociology, Politics, Money, World History, History

Goodreads rating: 4.07

(rated by 15 readers)

Description

Carlo Bastasin, an economist and journalist, reveals the events behind the scenes in European capitals during the financial crisis that began in 2008. He argues that the euro-zone crisis has political origins in the abuses of national politics unable to cope with globalization pressures. Moreover, the crisis is reinforced by the obstinate defense of national prerogatives in politics and finance and by the lack of commitment to shared or supranational sovereignty. While the consensus view has been that monetary union was a flawed project and must be amended, Bastasin shows that the failures are largely due to national opportunism—not only in Greece but across the euro area, including Germany. Saving Europe is the first major book on these developments and their likely ramifications. Bastasin's compelling work is an engrossing historical chronicle, weaving moments of high drama with individual personalities on the world stage. Germany's chancellor Angela Merkel, French president Nicolas Sarkozy, and British prime minister Gordon Brown play central roles. This is also a scholarly attempt to make larger sense of what happened—and what could happen next. Given the crucial role and importance of Europe within the world economy and ongoing discussions about the euro's future, this is essential reading for anyone trying to grasp international economics. Just as important, it is a fascinating tale of people, personalities, and power. There is no other book like it.

One Line Summary of the Book

European Union's monetary politics and survival.

Who is this book for?

A Note On Book Covers

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.