000			03895cam a2200445Ii 4500
001			ocn973882434
003			OCoLC
005			20240726105034.0
008			170227t20172015nju ob 001 0 eng d
040			_aNT _beng _erda _epn _cNT _dNT _dOCLCF _dJSTOR _dAGLDB _dIGB _dCN8ML _dSNK _dINTCL _dMHW _dBTN _dAUW _dOCLCA _dOCLCQ _dVTS _dKSU _dD6H _dSTF _dG3B _dS8I _dS8J _dS9I _dU3W _dOCLCQ _dIYU _dEBLCP _dYDX _dP@U _dMERUC _dUKAHL _dOCL _dOCLCQ _dOCLCA _dJSTOR _dOCLCO
020			_a9781400885510 _q((electronic)l(electronic)ctronic)
043			_ae------
050	0	4	_aHG925 _b.E976 2017
049			_aMAIN
100	1		_aSandbu, Martin E., _e1
245	1	0	_aEurope's orphan : _bthe future of the euro and the politics of debt / _cMartin Sandbu.
250			_a[Revisedition. paperback edition.
260			_aPrinceton : _bPrinceton University Press, _c(c)2017.
300			_a1 online resource (xx, 317 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
504			_a2
520	0		_aOriginally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. This book presents a compelling defense of the euro. It argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. The book traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro's creation coincided with a credit bubble that governments chose not to rein inches Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. The book concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous. Contending that the euro has been wrongfully scapegoated for the eurozone's troubles, the book charts what actually must be done for the continent to achieve an economic and political recovery. This revised edition addresses the economic and political implications of Brexit. It charts what actually must be done for the continent to achieve a full recovery.
505	0	0	_aPreface to the paperback edition -- _tPreface -- _t1. A gaint historic mistake? -- _t2. Before the fall -- _t3. Greece and the idolatry of debt -- _t4. Ireland : the private is political -- _t5. Europe digs deeper -- _t6. Righting the course : from bail-out to bail-in -- _t7. If Europe dared to write down debt -- _t8. Eurpoe's real economic challenges -- _t9. The politics that the euro needs -- _t10. Great Britain or little England? -- _t11. Remembering what the euro is for.
530			_a2 _ub
650		0	_aMoney _zEuropean Union countries.
650		0	_aEuro.
650		0	_aEurozone.
650		0	_aMonetary policy _zEuropean Union countries.
650		0	_aFinancial crises _zEuropean Union countries.
650		0	_aDebt relief _zEuropean Union countries.
650		0	_aMoney _zEuropean Economic Community countries.
655		1	_aElectronic Books.
856	4	0	_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1431868&site=eds-live&custid=s3260518 _zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942			_cOB _D _eEB _hHG _m2017 _QOL _R _x _8NFIC _2LOC
994			_a92 _bNT
999			_c86870 _d86870
902			_a1 _bCynthia Snell _c1 _dCynthia Snell