Beschreibung:
Carlo Bastasin, a journalist and an economist, is currently a nonresident senior fellow in Foreign Policy and Global Economy and Development at the Brookings Institution. A leading commentator for the Italian daily Il Sole-24 Ore, he was a visiting fellow at the Peterson Institute for International Economics 2009 -10.
Three times in the few years since the global financial crisis erupted, the euro has come close to extinction. Yet each time, the case for a common currency proved to be more compelling than its weaknesses. Saving Europe reveals how the nexus of international economics and national politics pushed monetary union to the brink of a breakup, how that development was avoided, and why the long-term viability of a common currency challenges politics as we know it.