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The Euro Trap

Paperback • 2016 • English

The Euro Trap

By Hans-Werner Sinn

0 Ratings • 0.0 of 5

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About the book

This book offers a critical assessment of the history of the euro, its crisis, and the rescue measures taken by the European Central Bank and the community of states. The euro induced huge capital flows from the northern to the southern countries of the Eurozone that triggered an inflationary credit bubble in the latter, deprived them of their competitiveness, and made them vulnerable to the financial crisis that spilled over from the US in 2007 and 2008. As private capital shied away from the s...Show more

Monetary economics

Book details

ISBN

9780198791447

Publisher

Oxford University Press

Published year

2016

Language

English

Original title

The Euro Trap

Format

Paperback

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