What to Read: Eurozone
Crisis Economics: A Crash Course in the Future of Finance
Nouriel Roubini (Penguin Books) 2011
Renowned economist Nouriel Roubini electrified the financial community by predicting the current crisis before others in his field saw it coming. This myth-shattering book reveals the methods he used to foretell the current crisis and shows how those methods can help us make sense of the present and prepare for the future. Using an unconventional blend of historical analysis with masterful knowledge of global economics, Nouriel Roubini and Stephen Mihm, a journalist and professor of economic history, present a vital and timeless book that proves calamities to be not only predictable but also preventable and, with the right medicine, curable.
Public Policy Beyond the Financial Crisis: An International Comparative Study
Phillip Haynes (Routledge) 2012
The economic crisis of 2008-2009 and beyond has provided the greatest challenge to public policy in the developed world since the Second World War, as the use of public monies to support banks and declining tax revenues have resulted in rising government borrowing and national debt.
This book evaluates the failures of public policy in the half decade before the crisis, using the conceptual framework of complex systems. This analysis reveals the fundamental failings of globalization and the lack of a robust and resilient public sector paradigm to assist countries in economic recovery. The research has benefited from UK Economic and Social Research Council (ESRC) funding for a Knowledge Exchange that applied the most relevant and applied aspects of complex systems theory to contemporary policy problems.
Innovative statistical methods are used to profile and group countries both before and after the 2008-09 crisis. This shows the countries that are best prepared for the ongoing and prolonged Euro zone crisis of 2010-12. The book proposes a new model of public policy that asserts itself over the paradigm of market liberalism and places the public values of full employment, sustainability and equality at the top of the post crisis policy agenda.
The Euro: The Battle for the New Global Currency
David Marsh (Yale University Press) 2011
This book takes a look at the tumultuous history of the Euro, its status in global economics and politics, and the pressures that present enormous challenges for the Euro’s future. This new edition has been fully updated to cover the dramatic events of 2010-2011, including Ireland and Greece’s debt crises and the continuing tension between France and Germany over the future of the Euro.
Guide To The European Union (Economist Books)
Dick Leonard (Wiley) 2010
The Final Adoption of the Treaty of Lisbon gives the 27-member European Union new momentum as it enters the second decade of the 21st century, more that half a century since the six-member European Economic Community was established in 1957. That the countries of the euro area alone now account for a greater proportion of world exports of goods and services than the United States shows how far the EU has come and how, given strength and unity, it has the potential to provide a counterbalance between America and China.This revised and updated edition of this much-acclaimed guide to the working of the European Union is invaluable for anyone who wants to understand how the EU developed, how it works and the challenges it faces.
