EuroTragedy av Ashoka (Charles and Marie Robertson Visiting Professor in International Economy Policy Charles and Marie Robertson Visiting Professor i

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Blending economic analysis with political drama, EuroTragedy chosen by both Foreign Affairs and The Financial Times as one of the best books of 2018is a groundbreaking account of the euros history and tragic consequences. In this vivid and compelling chronicle, Ashoka Mody describes how the euro improbably emerged through a narrow historical window as a flawed compromise wrapped in a false pro-European rhetoric of peace and unity. Drawing on his frontlineexperience as an official with the IMF, Mody situates the tragedy in a fast-paced global context and guides the reader through the forcedand unforcederrors Eurozone authorities committed during their long financial crisis. The decision to switch from national currencies to the euro unfolded as both economic andpolitical tragedy. It weakened the growth potential of member states, which made financially vulnerable Europeans more anxious. It deepened perceptions of unfairness and widened the division between nations. Now, the burden falls