Europe's Crisis, Europe's Future (Kindle Edition)
Author: Kemal Dervis (Author), Jacques Mistral (Editor)
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Price |
£16.79 |
Publisher |
Brookings Institution Press |
Publication date |
05 May 2014 |
ISBN |
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Publication synopsis The eurozone crisis started in Greece in 2009–10, spread into Ireland and Portugal, and, from there, quickly spread to the larger economies of Spain and Italy. By the autumn of 2011, it threatened the entire global financial system. In Europe's Crisis, Europe's Future, an international group of economic analysts provides an insightful view of the crisis.
How did mismanagement of a crisis in a marginal economy spark such a wildfire? After all, Greece is responsible for only 2% of the eurozone's total GDP, yet the crisis in Athens threatened to grow into a worldwide contagion.
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