The Euro: The Politics of the New Global Currency

Author:   David Marsh
Publisher:   Yale University Press
ISBN:  

9780300127300


Pages:   352
Publication Date:   01 May 2009
Format:   Hardback
Availability:   Awaiting stock   Availability explained


Our Price $92.40 Quantity:  
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The Euro: The Politics of the New Global Currency


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Overview

This book is the first comprehensive political and economic account of the birth and development of the Euro. Today the Euro is the supranational currency for fifteen European countries and the world's second largest reserve currency. David Marsh tells the story of the rivalries, intrigues, and deal-making that brought about a currency for Europe, and he analyzes the achievements and shortcomings of its first decade of existence. While the Euro represents a remarkable triumph of political will, great pressures are building on the single currency. Drawing on more than 100 interviews with leading figures associated with the Euro, and scores of secret documents from international archives, Marsh underscores the Euro's importance for the global economy, in particular for the U.S. and British economic and political agendas.Hidden facts and fresh insights from The Euro: how the legacy of France and Germany's tortuous relations affects the Euro; why the UK is unlikely to accept the Euro before 2025; the impact on the Euro of the US credit crisis; how the Euro has rebounded against the aspirations of its founders; how Italy and Spain have massively lost competitiveness; and, why radical changes must be adopted to prevent a European upheaval.

Full Product Details

Author:   David Marsh
Publisher:   Yale University Press
Imprint:   Yale University Press
Dimensions:   Width: 15.60cm , Height: 2.80cm , Length: 23.40cm
Weight:   0.662kg
ISBN:  

9780300127300


ISBN 10:   0300127308
Pages:   352
Publication Date:   01 May 2009
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Out of Print
Availability:   Awaiting stock   Availability explained

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Reviews

An amazingly detailed and thoroughly readable account of the long march to the Euro. This is the stuff of a political thriller: the deal-making behind a currency constructed not just as a financial instrument but also as a way of overcoming centuries of conflict. Anyone interested in European politics and economics, as well as Europe''s place in the wider world, would enjoy it. George Soros -- George Soros (10/01/2008)


Author Information

David Marsh is chairman of London & Oxford Capital Markets, an investment bank. He is a frequent contributor to German and British publications, and he lectures widely on political, economic, and business issues. He lives in London.

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