EuroTragedy (inbunden)
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Format
Inbunden (Hardback)
Språk
Engelska
Antal sidor
734
Utgivningsdatum
2018-08-30
Utmärkelser
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 2
Förlag
Oxford University Press Inc
Dimensioner
239 x 163 x 43 mm
Vikt
1044 g
Antal komponenter
1
ISBN
9780199351381

EuroTragedy

A Drama in Nine Acts

av Ashoka Mody
Inbunden,  Engelska, 2018-08-30
508
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The promise of the European pursuit of ever closer union created tremendous optimism that conflict was the past and harmony would be the future. The enthusiasm for economic integration and monetary union, through the Euro, enhanced the confidence that differences among countries could be overcome. 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 throughout he shows how political and economic leaders believed the stories they told themselves about the inevitability of a united Europe as a foundation of peace, prosperity, and democratic ideals, even in the face of warnings from the earliest stages that while the political pillars seemed strong, the economic foundations were weak. Mody 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.

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Recensioner i media

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

Mathew Partridge It is currently one of the leading works on the subject and one of the few that conveys some of the passion and urgency surrounding the issue.

Michael Mandelbaum The aptlytitled, clear written, and highly informative EuroTragedy: A Drama in Nine Acts by Ashoka Mody illuminates the euro's flawed origins, the counter productive way that Europe's political and eoncomic leaders have managed it, and its dismal prospects for the future.

Philip Turner Brilliant and biting. Ashoka Mody tells the story elegantly...he has a fine eye for the telling quote.

Ferdi De Ville Tour de force. Coldblooded economic analysis with a passionate critique.

Hans Kundanini Mody's book is one of the most coherent histories of the euro.

Andrew Moravcsik Best history of the eurozone crisis...admirable detail.

Mathew Partridge It is currently one of the leading works on the subject and one of the few that conveys some of the passion and urgency surrounding the issue.

CHOICE Mody (Woodrow Wilson School, Princeton Univ.) has written a page-turning work that combines deep political and economic analysis with fluent prose... This book provides an excellent historical thread for understanding the current crisis in the EU, and specifically in the eurozone....Summing Up: Highly Recommended.

Books of the Year 2018, The Economist A comprehensive and authoritative history of the euro which argues that the project was a predictable error.

Independent Comprehensive and fastidiously researched... One of the many strengths of Mody's book is its detailed historical narrative of how the tragedy unfolded... Whether or not one agrees with Mody's policy prescription for an ultimate happy ending, this is a supremely authoritative telling of the sad tale.

Financial Times The sweeping chronology of the euro is well told... he has such a good eye for what is economically important that his observations trump much of the conventional analysis he echoes... The most original parts of his book are the reasoned explanations of why debt restructuring of both sovereigns and banks should have been embraced early in the crisis and should be made a regular tool in future crises. Another highlight is his debunking of the 'Deauville myth'... If only this lesson is taken away, the book will have rendered a public service.

The Sunday Times Ireland Mody's tome (and it is a real door-stopper) comes from a uniquely valuable perspective [EuroTragedy] is the most detailed account yet of how the EU got things so badly wrong, and why.

Dr. Matthew Partridge, MoneyWeek Combining both narrative history and detailed charts and tables, Mody's book will appeal to scholarly readers, while still being straightforward enough to be enjoyed by the int...

Övrig information

Ashoka Mody is Charles and Marie Robertson Visiting Professor in International Economic Policy at the Woodrow Wilson School, Princeton University. Previously, he was Deputy Director in the International Monetary Fund's Research and European Departments. He has also worked at the World Bank, University of Pennsylvania, and AT&T's Bell Laboratories. Mody has advised governments worldwide on developmental and financial projects and policies, while writing extensively for policy and scholarly audiences.

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