Eurotragedy : a drama in nine acts (Book, 2020) [WorldCat.org]
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Eurotragedy : a drama in nine acts
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Eurotragedy : a drama in nine acts

Author: Ashoka Mody
Publisher: New York, NY : Oxford University Press, 2020.
Edition/Format:   Print book : English : 1st paperback editionView all editions and formats
Summary:
"In this dynamic and incisive overview of the European project from its beginnings, Ashoka Mody convincingly demonstrates that the tensions and flaws of the European project were both baked-in and foreseen from the beginning. He focuses on personalities whose ambitious and relentless push for integration led them to choose facts and analysis consistent with their visions and to dismiss warnings of turbulence. They  Read more...
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Genre/Form: History
Document Type: Book
All Authors / Contributors: Ashoka Mody
ISBN: 0190056320 9780190056322 9780199351381 0199351384
OCLC Number: 1089796669
Notes: "With a new afterword" -front cover.
Awards: Winner of 2019 Prose Award Winner in the Economics Category, American Association of Book Publishers Foreign Affairs Best Books 2018 Economist's Books of the Year Corriere della Sera Best Books of 2018 Martin Wolf's Summer Books of 2018.
Description: xix, 713 pages : illustrations ; 24 cm
Contents: Introduction: Europe ends up some place else --
Three leaps in the dark, 1950-1982 --
Kohl's Euro, 1982-1998 --
Schröder asserts the German national interest, 1999-2003 --
Irrational exuberance, 2004-2007 --
After the bust, the denial, 2007-2009 --
Delays and half measures : Greece and Ireland in 2010 --
Policy wounds leave scar tissue, 2011-2013 --
The ECB hesitates, the Italian fault line deepens, 2014-2017 --
The final act : a declining and divided Europe --
Scenarios : the future ain't what it used to be.
Responsibility: Ashoka Mody.

Abstract:

"In this dynamic and incisive overview of the European project from its beginnings, Ashoka Mody convincingly demonstrates that the tensions and flaws of the European project were both baked-in and foreseen from the beginning. He focuses on personalities whose ambitious and relentless push for integration led them to choose facts and analysis consistent with their visions and to dismiss warnings of turbulence. They thus laid the seeds for disappointment. Mody examines key moments when contradictions were papered-over, compromising the integrity of integration and compellingly shows how monetary union impaired European integration rather than enhancing it. European countries have always has vastly different economic conditions, and the common currency increased divergences rather than smoothing them, as many analysts warned at the time. The economic, financial, and political pathologies of the euro were there from the beginning, even if the global economic boom hid them. With political and economic elites benefitting, they could ignore the growing the discontent of those who suffered and the growing antipathy to the European project in national heartlands. When crisis inevitably hit, leaders denied, delayed, and took half-measures that only further alienated people. And if once the inability to deliver on the economic promise caused the political handicaps to worsen, now the political splintering is making it harder to mount an economic response"--Provided by publisher.

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This monumental study...pulls no punches...Advanced students, their tutors, commentators and policy-makers must absorb this very timely book. * Derek Hawes, University of Bristol * The aptlytitled, Read more...

 
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