Overview
- Presents an historical, empirical and analytical perspective on the euro, from its intuition in the mid-1970s to its re-invention in 2018
- Examines in detail European economic policy
- Offers a broad perspective on European integration new challenges
Part of the book series: Report on the State of the European Union (RSEU)
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About this book
This volume, the fifth instalment of the classic Report on the European Union series, offers at once an economic and intellectual historical perspective on the creation of the euro and its 20 first years, a comprehensive review of the current and future challenges of the euro area, including a critical look at the different options for the reform of its governance and institutional architecture and finally a close look at the “new euros”, i.e. the ambitious projects that could instil a new life into the stalled European project. It covers a wide range of key economic and social topics such as monetary and fiscal policy, tax competition, the EU budget, structural policy, inequality, gender equality, post carbon economy, well-being advancement and democracy. Weakened by a decade of economic crisis and shaken by the awakening of populism, the European project faces three disintegrations: democratic disaffection, monetary and financial fragmentation and territorial dislocation. If EU member states want to escape those looming risks, they must, as they always have in the last five decades, reinvent Europe in order to save it.
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Keywords
Table of contents (14 chapters)
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Front Matter
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Ideas and Achievements
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Front Matter
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Beyond the Euro: The Futures of Europe
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Front Matter
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Back Matter
Reviews
“This book by Jérôme Creel, Eloi Laurent and Jacques Le Cacheux is just great. It guides the reader through an in-depth analysis of the euro since its inception, mixing sophisticated economic and historical perspectives. This book is also forward-looking identifying what needs to be done to guarantee the success of the euro. A must for everybody interested in the intellectual debates around the Euro, and for those who care about the future of the European Union.” (Paul de Grauwe, John Paulson Chair in European Political Economy, LSE, UK)
“The fifth edition of the Report on the State of the European Union: The Euro at 20 and Beyond offers an historical, economic and intellectual perspective of the process that shaped the creation of euro currency, and reviews its first 20 years. A thorough analysis that sets focus on past, present and future challenges for the Eurozone, allowing a critical discussion in terms of different approaches of which governance and institutional architecture the future of Euro requires, beyond the mere common currency.” (Josep Borrell, Minister of Foreign and European Affairs of Spain, Madrid, Spain)
Editors and Affiliations
About the editors
Jérôme Creel is Director of the Research Department at OFCE (Sciences Po Centre for Economic Research, Paris) and a professor at ESCP Europe.
Éloi Laurent is Senior Research Fellow at OFCE, Professor in the School of Management and Innovation at Sciences Po and Visiting Professor at Stanford University.
Jacques Le Cacheux is Professor of Economics at the University of Pau and Pays de l’Adour (UPPA), and at the Ecole nationale des Ponts et Chaussées (ENPC ParisTech).
Bibliographic Information
Book Title: Report on the State of the European Union
Book Subtitle: Volume 5: The Euro at 20 and the Futures of Europe
Editors: Jérôme Creel, Éloi Laurent, Jacques Le Cacheux
Series Title: Report on the State of the European Union
DOI: https://doi.org/10.1007/978-3-319-98364-6
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2018
Hardcover ISBN: 978-3-319-98363-9Published: 13 December 2018
Softcover ISBN: 978-3-030-40478-9Published: 18 February 2020
eBook ISBN: 978-3-319-98364-6Published: 29 November 2018
Edition Number: 1
Number of Pages: XV, 228
Number of Illustrations: 10 b/w illustrations, 15 illustrations in colour
Topics: European Economics, Macroeconomics/Monetary Economics//Financial Economics, Economic Policy