Overview

This sequel to the author's earlier well-received Euro On Trial, shows how European Monetary Union became a main engine of the global credit bubble and puts forward a set of remedies which would reduce the danger of further economic debacle emanating from serious flaws in the present policy-making framework of the European Central Bank.

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9781349310470

Table of Contents

Reviews

'The majority of economic analysts, especially those in financial markets, follow governments, central banks and international institutions in trusting to large-scale macroeconomic forecasts...Brendan Brown...belongs to the select band of commentators who prefer to derive their analysis from the market prices of key variables. For this reason alone he deserves our attention.' - The Financial Times '...an insightful little book...' - Welling@weeden.com

'The majority of economic analysts, especially those in financial markets, follow governments, central banks and international institutions in trusting to large-scale macroeconomic forecasts...Brendan Brown...belongs to the select band of commentators who prefer to derive their analysis from the market prices of key variables. For this reason alone he deserves our attention.' - The Financial Times '...an insightful little book...' - Welling@weeden.com

'The majority of economic analysts, especially those in financial markets, follow governments, central banks and international institutions in trusting to large-scale macroeconomic forecasts...Brendan Brown...belongs to the select band of commentators who prefer to derive their analysis from the market prices of key variables. For this reason alone he deserves our attention.' - The Financial Times '...an insightful little book...' - Welling@weeden.com

Author Information

BRENDAN BROWN is an international economist practising in the City of London. He has authored many previous books on international financial topics, including monetary problems in US, Europe and Japan and asset market pricing (including exchange rates) in a global context. The books have treated both contemporary trends and historical topics. His postgraduate degrees are from the University of Chicago and London School of Economics. Dr. Brown is a regular contributor to Japanese and European financial media.

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