Summary and Analysis of the Euro: How a Common Currency Threatens the Future of Europe

So much to read, so little time? This brief overview of The Euro tells you what you need to know--before or after you read Joseph E. Stiglitz's book. Crafted and edited with care, Worth Books set the standard for quality and give you the tools you need to be a well-informed reader. This short summary and analysis of The Euro by Joseph E. Stiglitz includes: Historical context Chapter-by-chapter summaries Profiles of the main characters Important quotes Fascinating trivia Glossary of terms Supporting material to enhance your understanding of the original work About The Euro by Joseph E. Stiglitz: In The Euro, Columbia Business School professor and Nobel Prize-winning economist author Joseph E. Stiglitz argues that the fundamental cause of the Eurozone's recent economic difficulties was the creation of a single currency without the institutions to support it. The euro bound 19 countries with very different economies--and very different views about economics--together, but it did not include the institutions or rules to make such a union succeed. The results of this union are clear: although the United States has experienced growth since the financial crisis, Europe is stagnant and Eurozone unemployment remains over 10%. New York Times-bestselling author Joseph Stiglitz outlines three possible ways forward: fundamental reforms to the current system, an end to the single currency experiment, or a new system entirely. The Euro is required reading for all citizens of today's globalized world. The summary and analysis in this book are intended to complement your reading experience and bring you closer to a great work of nonfiction.