{"product_id":"the-euro-34iuey","title":"The Euro","description":"\u003cp\u003eDesigned to bring Europe closer together, the euro has actually done the opposite: after nearly a decade without growth, unity has been replaced with dissent and enlargements with prospective exits. Joseph Stiglitz argues that Europe's stagnation and bleak outlook are a direct result of the fundamental flaws inherent in the euro project - economic integration outpacing political integration with a structure that actively promotes divergence rather than convergence. Money relentlessly leaves the weaker member states and goes to the strong, with debt accumulating in a few ill-favoured countries. The question now is: can the euro be saved?\u003cbr\u003e\nLaying bare the European Central Bank's misguided inflation-only mandate and explaining why austerity has condemned Europe to unending stagnation, Stiglitz outlines three possible ways forward: fundamental reforms in the structure of the Eurozone and the policies imposed on the member countries suffering the most; a well-managed end to the euro; or a bold, new system he dubs the 'flexible euro;. This important book, by one of the world's leading economists, addresses the euro-crisis on a bigger intellectual scale than any predecessor.\u003c\/p\u003e","brand":"Joseph Stiglitz","offers":[{"title":"Default Title","offer_id":67632550445209,"sku":"9780241258156","price":1290.0,"currency_code":"PKR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0735\/5642\/6905\/files\/the-euro.jpg?v=1791452949","url":"https:\/\/booksworldstore.com\/products\/the-euro-34iuey","provider":"Books World","version":"1.0","type":"link"}