The Euro: How a Common Currency Threatens the Future of Europe

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Joseph E. Stiglitz 978-0393254020 Allen Lane, 2016

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The euro was supposed to bring Europe closer together and promote prosperity; in fact, it has done just the opposite. The 2008 crisis revealed the shortcomings of the euro, and Europe's stagnation and bleak outlook are a direct result of the fundamental flaws inherent in the EU project - economic integration outpacing political integration with a structure that promotes divergence rather than convergence. 

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