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Europe's Economic Dilemma
Paperback
Business GeneralGeneral European HistoryGeneral Political Science
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ISBN10: 0333728211
ISBN13: 9780333728215
Publisher: Palgrave Macmillan
Published: Feb 22 1998
Pages: 177
Weight: 0.55
Height: 0.44 Width: 5.50 Depth: 8.50
Language: English
ISBN13: 9780333728215
Publisher: Palgrave Macmillan
Published: Feb 22 1998
Pages: 177
Weight: 0.55
Height: 0.44 Width: 5.50 Depth: 8.50
Language: English
Europe's Economic Dilemma analyses the reasons why the European Union's growth rate has fallen during the last quarter of a century to little more than a third of its previous level. It concludes that the major reason has been politically driven attempts to lock EU currencies together in inappropriate economic circumstances. These have led to chronic deflation, rising unemployment and falling investment and competitiveness as EU Member States, without exchange rate flexibility, have found themselves unable to compete with Germany.
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