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European social democrats face a difficult dilemma. They understand better than anyone that the euro fundamentally constrains the ability of states to provide the welfare spending and broad economic growth essential to left-wing goals—but their pro-EU ideals prevent them from turning against the euro.
Jacques Delors, the legendary president of the European Commission, used to say, “Never let a crisis go to waste.” In the spirit of Delors’ adage, Youngs has penned this book on how Europe can restore its global influence, which has taken a hit during the ongoing eurozone crisis.
Woll asks why some governments have been much better than others at bailing out their banks. The crucial factor is the nature of a country’s financial sector: the more coherent and organized it is, the more efficient and fair a bailout will be.
This magisterial history of European debt offers a unique perspective on the eurozone crisis. It begins in ancient Greece and continues all the way to speculations about Europe’s financial future.
Cline offers the most detailed, data-rich, and policy-relevant analysis of the euro crisis yet to appear. In his view, the euro system is in crisis primarily because some eurozone members have accumulated too much sovereign debt.
This book examines what actually happens when a government secures an EU "opt-out"—a special exemption from EU policies—as Denmark, Ireland, Sweden, the United Kingdom, and others have done recently. The book's basic point is important: opt-outs can actually strengthen the EU.
Judt, who died in 2010, was among the most celebrated historians of contemporary Europe. He was also a trenchant and insightful essayist. This book collects his best work in that genre.
Sarotte’s lively and engaging book scrupulously details the events of November 9, 1989, when the world watched in shock as the Berlin Wall came down. The brief essays in Berlin Now cover the diverse aspects of modern Berlin, now a global metropolis characterized by diversity, continued east-west tensions, colorful nightlife, and much more.
These two books both examine the “special relationship” between the United States and the United Kingdom but reach opposite conclusions. One finds the Anglo-American relationship to be a sham, whereas the other sees it as as especially meaningful and valuable to the post–Cold War world.
In recent years, a quiet success has taken place in Spain’s historically restive Basque Country. This book describes the peace process that definitively ended “the last organized armed insurgency in Western Europe.”
This book argues that the durable postwar partnership between France and Germany was the result of creative leadership by statesmen from both countries, who created a unique symbolic relationship and made Franco-German reconciliation a self-fulfilling prophecy.
This book shows that the Holocaust organizer Adolf Eichmann was not a banal bureaucrat but a manipulative and unrepentant Nazi who cunningly assumed the guise of a timid official at his 1961 trial.
Uekötter, who belongs to a new generation of environmental historians, explores why Germany -- a crowded nation of industrial exporters -- has produced one of the world’s most advanced approaches to environmental protection.
If, as most analysts believe, this horrific war was unintended, then why did it last so long? Watson traces the subtle interplay of propaganda, hardship, and martial enthusiasm that strengthened the resolve of publics in Central Europe.
Both these books come plastered with plaudits from British pundits and professors, yet they contain starkly opposing policy prescriptions. What they share is an extremism that would condemn either approach to failure if ever put into practice.
Peet and La Guardia argue that although establishing the euro was a mistake based on over-optimistic beliefs about future economic convergence and institutional development, muddling through remains the only viable alternative.
Bromark, a Norwegian journalist, tells the story of the 2011 massacre in Norway based on detailed eyewitness accounts, and his book serves as a corrective to wrong-headed foreign commentary that used the event to criticize Scandinavian social democracy.
Zielonka has previously likened the EU to an empire; now, he claims the union is doomed to disintegrate.
In careful detail, Frankel tells the geological history of France, at each point linking the character of the country’s wines to the underlying geology of the land on which the grapes are grown.
Soros explains with clarity how the single currency created a financial system dominated by incorrect assessments of risk. One result has been the eurozone’s domination by Germany, which benefits from the system in the short term and refuses to change it, blocking significant banking reform.
This book sets out to explore what the United States could learn about public policy from European countries and examines rules relating to issues of work-family balance, labor-market regulations, climate change policy, urban transport, election law, pensions, and immigration.
This book documents public attitudes and official policies toward Europe’s largest and most consistently shunned indigenous minority: Gypsies, or Roma.
One of the major developments of the last decade is that ordinary Europeans now pay more attention to what happens in Brussels and often respond negatively.
How well does the EU promote multilateral action to solve global problems?
These two books are the best on the euro crisis to have appeared in recent years.
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