The European Roots of the Eurozone Crisis Errors of the Past and Nee
This book examines the Eurozone crisis in light of theoretical and empirical evidence. The first half explores specific theoretical contributions within a framework of growth theory models to examine the two major pillars of the European constru
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Mario Baldassarri
The European Roots of the Eurozone Crisis
Mario Baldassarri
The European Roots of the Eurozone Crisis Errors of the Past and Needs for the Future
Mario Baldassarri Centro Studi Economia Reale Sapienza University of Rome Rome, Italy
ISBN 978-3-319-58079-1
ISBN 978-3-319-58080-7 (eBook)
DOI 10.1007/978-3-319-58080-7 Library of Congress Control Number: 2017947817 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: aristotoo / Getty Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
TO MY CHILDREN AND GRANDCHILDREN
An Analysis Why European treaties are theoretically wrong and empirically a negative-sum game A Proposal The urgent need to reform the European Union, updating the Macht Treaty end the ECB Statute to built three concentric circles: the USE (United States of Europe), the EU (European Union) and the EAFTDA (Europe/Africa Free Trade and Development Area)
Preface
Some Theoretical Foundations and Empirical Evidence Over the Past Fifty Years For almost 50 years, my interests have focused on three areas and their interrelationships: economic growth, equitable income distribution and financial stability. In particular, though not exclusively, my previous contributions have been devoted to studying the role and the effects of the government budget on the economy, especially in terms of its structural impact on economic growth and the social redistribution of income. In addition, I was concerned with the interactions between income distribution and economic growth itself.1
1 My undergraduate thesis was: Mario Baldassarri, Gli Effetti della Spesa Pubblica nei paesi
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