Heise - Emerging from the Euro Debt Crisis Making the Single Currenc - X555z
Emerging from the Euro Debt CrisisMaking the Single Currency Work\nAuthor(s): Michael Heise\nFormat: Hardback\nPublisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, Germany\nImprint: Springer-Verlag Berlin and Heidelberg GmbH & Co. K\nISBN-13: 9783642375262, 978-3642375262\nSynopsis\nDespite the success of policymakers and the European Central Bank in calming down financial markets since the summer of 2012, European leaders are still facing formidable challenges in making the single currency work in a complex environment. This book starts with a review of the necessary elements of a currency union and highlights the reasons why the system has run into its present troubles. It points to important policy recommendations to be drawn from a structural analysis of the currency union, achievements and failures of the currency union and ways to improve fiscal sustainability and arrive at stable macroeconomic performance for the union. It highlights the importance and the e.
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