Can The Euro Be Saved? by Malcolm Sawyer

The Blurb On The Back:

The economies of the Eurozone countries are plagued by multiple crises, which cast major doubts over the future of the euro. In this engaging new book, leading economist Malcolm Sawyer argues that the entire policy framework of the Eurozone was fundamentally flawed from its foundation. He shows how these 'design faults' intensified the crisis and are now locking in perpetual self-defeating austerity.

Sawyer proposed a bold alternative agenda for reviving the continent's economic prosperity and saving the euro. He argues, however, that the required solutions are certain to encounter huge obstacles. He therefore concludes that Europe faces a bleak economic future, blighted by low growth, high unemployment and social division.

( The Review (Cut For Spoilers): )

The Verdict:

Malcolm Sawyer is Emeritus Professor of Economics at Leeds University and in this fascinating book that's a must-read for anyone interested in the Euro he analyses how flaws in the policy framework underpinning the Eurozone has intensified the effects of the world economic crisis and exacerbated inequality between countries in the Eurozone, increasing political resentment and ensuring a self-perpetuating austerity cycle.

Thanks to the Amazon Vine Programme for the review copy of this book.