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European Roots of the Eurozone Crisis

Name: European Roots of the Eurozone Crisis
Brand: Springer International Publishing AG
SKU: 16190032
Price: 133.4 EUR
Availability: InStock
Author: Mario Baldassarri
ISBN: 9783319580791

Mario Baldassarri

Língua

Inglês

Livro Livro de capa dura

Código Libristo: 16190032

Editoras Springer International Publishing AG, agosto 2017

This book examines the Eurozone crisis in light of theoretical and empirical evidence. The first hal... Descrição completa

Código Libristo: 16190032

325 b

133.40 €

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This book examines the Eurozone crisis in light of theoretical and empirical evidence. The first half explores specific theoretical contributions within a framework of growth theory models to examine the two major pillars of the European construction, the European Central Bank and the Maastricht Treaty, and seeks to explain why they are theoretically wrong. The second half presents results of counterfactual simulations using the Oxford Econometric model and estimates what the Eurozone has lost in terms of economic and social cost from 2002 to 2014 as a consequence of the super-evaluation of the Euro and the Maastricht Treaty parameters being mistakenly fixed and pursued. Finally, the author supports the urgent need to refund the European Union, up-dating The Maastricht Treaty and the ECB statute to build three concentric circles: the USE (United States of Europe), the EU (European Union), the EAFTDA (Europe/Africa Free Trade and Development Area).