Evaluates the euro crisis through an in-depth look at four different countries: Greece, Ireland, Spain and ItalyCombines economic history with financial expertise to build a holistic pictureIdentifies the changes in mentality and administration that are required to secure the future of the euro project

Autorentext

Roderick Macdonald is Professor of Management and Technology at the École des sciences de la gestion, Université du Québec à Montréal, Canada. He has published books and articles on business strategy in new industries, fundamental economic notions used in business and moral analysis in management. His previous book with Palgrave Macmillan is Genesis of the Financial Crisis.

Klappentext
This book critically analyses the crisis of the euro currency from 2008 to the present. It argues that an understanding of this crisis requires an understanding of financial and economic crises in individual countries participating in the euro. It goes on to describe and explain the crises in four countries Greece, Ireland, Spain and Italy showing how they differ and together challenge the euro currency by requiring a varied policy response from Europe. *Eurocritical *is a guide for scholars, students and practitioners of finance and economics.

Inhalt
Introduction: Europe, the euro and a crisis    

            Europe, the European union and the euro           

            The road to the euro

            Fiscal and monetary policy in the euro zone        

            The crisis      

            Europe in the wake of the global financial crisis

            Outline of this book 

A financial and economic crisis in Greece       

Introduction 

The incubation of modern Greece 

The economy in the eighties and early nineties   

            Fiscal Policy  

            Monetary policy and financial deregulation

            The macroeconomic environment 

Slowing productivity growth as a prelude to access to the euro           

On the statistics provided by the Greek government      

Access to the European monetary union  

An apparent boom   

Dynamic of the crisis in Greece      

Ireland: from prosperity to crisis        

Introduction 

A condensed pre-history of Ireland's economy   

The post war history of the Irish economy

            Ideas  

            Actors

            Action and Policy changes  

            19661973   

1970s and 1980s     

            Context          

            Politics and policies 

The Celtic Tiger 1993-2007

            A blueprint for economic growth  

            Results           

The onset of the crisis                 &amp...