Eurotragedy : a drama in nine acts /
Material type: TextPublisher: New York, NY : Oxford University Press, 2018Description: 1 online resource : illustrations (black and white)Content type:- text
- still image
- computer
- online resource
- 9780190873721 (ebook) :
- 337.14209 23
- HC240 .M694 2018
Previously issued in print: 2018.
Includes bibliographical references and index.
In May 1950, five years after the second of two catastrophic wars, European nations began building a magnificent structure of institutional cooperation and open trade borders to secure peace and prosperity. Then, in 1969, they took an astonishingly ill-advised leap towards a single currency-requiring a single monetary policy for vastly divergent economies. This was economic folly, critics untiringly warned. Worse, it carried the seeds of political division. Europe's leaders went forward unheeding, and in January 1999, the tragedy of the euro began. This vivid and compelling chronicle describes how the euro improbably emerged through a narrow historical window as a flawed compromise wrapped in a false pro-European rhetoric of peace and unity.
Specialized.
Description based on online resource; title from home page (viewed on April 17, 2018).
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