John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed the U.S. announcement of the European Recovery Program (Marshall Plan). This ambitious plan must be economically successful. The inherent strengths of Europe give reasonable assurance of the...

"This book presents a new narrative on the Eurozone crisis. It argues that the common currency has the potential to kill the European Union, and the conventional wisdom that the Eurozone can be fixed by a common budget and further political integration is incorrect. The authors address key...

"A definitive account of the European Crises. Europe stands on the precipice of a monumental fall, wrestling with colossal economic, social and military challenges. The Decline and Fall of Europe reveals the hidden cracks that threaten to tear Europe apart, many of which have been deliberately...

Intro -- Anthony de Jasay, Economic Sense and Nonsense -- Front Matter -- Title Page -- Copyright Details -- Table of Contents, p. vii -- Preface, p. xi -- Part I. To Spend or Not to Spend?, p. 1 -- 1. To Spend or Not To Spend?, p. 3 -- 2. Who is Afraid of the National Debt?, p. 8 -- 3. Two...

Moving from the birth of Europe to the current crisis, this irreverent and topical book questions the relevance of the European Union today, addressing issues ranging from immigration and Turkish integration to the sovereign debt crisis, and whether this will prove to be merely the beginning of...

Introduction: The Responsibility of Knowledge, Challenges and Responses -- The Changing World and the Greek Economy Before the Crisis -- The Pre-Crisis Growth of the Greek Economy -- The Question of Growth -- Human Capital: Education, Innovation and Health -- Cultural Values, Stereotypes and...

While the financial crisis of 2008-2009 led to the great collapse of international trade, the European debt crisis in 2010-2013 did not have such a drastic impact on trade. The collapse has been studied a lot in recent empirical literature, but the European debt crisis has not been investigated...