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Hardcover From Convergence to Crisis: Labor Markets and the Instability of the Euro Book

ISBN: 1501702653

ISBN13: 9781501702655

From Convergence to Crisis: Labor Markets and the Instability of the Euro

(Part of the Cornell Studies in Money Series)

What explains Eurozone member-states' divergent exposure to Europe's sovereign debt crisis? Deviating from current fiscal and financial views, From Convergence to Crisis focuses on labor markets in a narrative that distinguishes the winners from the losers in the euro crisis. Alison Johnston argues that Europe's monetary union was structured in a way that advantaged the corporatist labor markets of its northern economies in external trade...

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