Europe in an Age of Austerity
| By: | V. Borooah |
| Publisher: | Springer Nature |
| Print ISBN: | 9781137396013 |
| eText ISBN: | 9781137396020 |
| Edition: | 0 |
| Copyright: | 2014 |
| Format: | Reflowable |
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This study discusses and analyses the broad issues that have underpinned the current European economic crisis. It examines the experiences of three countries – Greece, Ireland, and Portugal – which reveal an economic system which lacks the adjustment mechanisms that countries with sovereign currencies take for granted.