"The book goes back to some of the roots of the current crisis and the flaws or weaknesses of the financial system in general and in Europe in particular. In doing so, he extensively discusses the EU monetary Union and the critical question whether, how and when the new EU Member States can and should join the euro. Also the EU budget role and the meaning of the so-called European Social Model are elaborated in imaginative terms. It has a unique combination of solid knowledge of the analytical (economic) policy literature, with insight in economic policymaking, so it has an appeal for both communities of readers."
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