Europe's Economic Dilemma

by J. Mills

Overview

Europe's Economic Dilemma analyses the reasons why the European Union's growth rate has fallen during the last quarter of a century to little more than a third of its previous level. It concludes that the major reason has been politically driven attempts to lock EU currencies together in inappropriate economic circumstances. These have led to chronic deflation, rising unemployment and falling investment and competitiveness as EU Member States, without exchange rate flexibility, have found themselves unable to compete with Germany.

Product Details

ISBN-13:	9780333728215
Publisher:	Palgrave Macmillan UK
Publication date:	02/04/1998
Edition description:	1998
Pages:	177
Product dimensions:	5.51(w) x 8.50(h) x (d)

About the Author

John Mills is Chair of the Policy and Resources Committee of the London Borough of Camden.

Table of Contents

Preface Introduction The Historical Background What Went Wrong? Achieving Economic Growth The Goal of Full Employment Living Standards and Inflation The Choices to be Made Index

Editorial Reviews

'Economics is a practical art gone wrong...John Mills is different. A skilled and unusually lucid economist, his work is eminently practical...' - Austin Mitchell, MP

'...It is a book of major importance, and a totally constructive contribution to the economic debate. Let me not merely recommend but beg or even command everyone to read it as soon as possible.' - Geoffrey Gardiner

From the Publisher