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Europe's Orphan – The Future of the Euro and the Politics of Debt - Princeton Scholarship Online
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Europe's Orphan: The Future of the Euro and the Politics of Debt

Martin Sandbu


Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. This book presents a compelling defense of the euro. It argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy ... More

Keywords: Europe, euro, global financial crisis, Eurozone, monetary union, European unity, Brexit, economic decline

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780691175942
Published to Princeton Scholarship Online: May 2018 DOI:10.23943/princeton/9780691175942.001.0001


Affiliations are at time of print publication.

Martin Sandbu, author
The Financial Times