Europe and the Euro ― Integration, Crisis and Policies

This book offers a fresh perspective on the recent Eurozone "double crisis" and its related economic policies. The authors present empirical evidence which sheds new light on the growing economic and political debate on the future of the Euro, the Eurozone and the EU. The book investigates and assesses the impact of the crisis with particular reference to monetary and fiscal policy, whose protracted austerity approach has dampened economic growth. In their discussion of the long-run European integration process, the authors emphasize the original weaknesses in the construction of the European Monetary Union and examine its failure to respond to the recent crisis. The concluding chapter focuses on the need for crucial reform in European governance and discusses the impact of the UK’s recent EU membership referendum. Scholars, students and members of the general public with an interest in the future of the Eurozone will find this work thought-provoking, instructive and highly informative.

Enrico Marelli is Professor of Economic Policy at the University of Brescia, Italy. He has studied and conducted research at Bocconi University, Italy; the London School of Economics, UK; and the University of Pennsylvania, USA. Previously, he was a professor at the University of Cagliari and the University of Trieste, Italy.

Marcello Signorelli is Associate Professor of Economic Policy at the University of Perugia, Italy. He received his degree in Economics from the University of Siena, Italy, before embarking on postgraduate studies at Columbia University, USA, and the University of Warwick, UK. Between 2010 and 2012 he was the President of the European Association for Comparative Economic Studies.