Name: The Euro is to Blame. Economics for Spanish People. (en Inglés)
Price: 57631.00 COP
Availability: InStock
Author: Luke Fog
ISBN: 9781326476830

portada The Euro is to Blame. Economics for Spanish People. (en Inglés)

Formato

Libro Físico

Editorial

Lulu.Com

Autor

Luke Fog

Año

2015

Idioma

Inglés

N° páginas

158

Encuadernación

Tapa Blanda

ISBN13

9781326476830

N° edición

Categorías

Gestión empresarial

The Euro is to Blame. Economics for Spanish People. (en Inglés)

Luke Fog (Autor) · Lulu.Com · Tapa Blanda

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Origen: España (Costos de importación incluídos en el precio)

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Reseña del libro "The Euro is to Blame. Economics for Spanish People. (en Inglés)"

The book talks about the Spanish Real Estate crisis, the effect that the Euro had on it and the wrong measures implemented during the crisis comparing it with what was done during the 1929 Crash by Herbert Hoover in USA. It goes further talking about the origins of wealth of countries and measures that should be implemented for the future of the Euro and Spain. The book explains that the crisis got worst due to the "fiscal consolidation" as did in 1929 after the measures of Hebert Hoover. It compares US vs. Europe and the different ways of fighting the crisis. It also talks about the future problems specially in the Euro-zone regarding the unemployment rates in Southern Europe. And the effect this long-term unemployment has in the politics of the country and the future of the Economy. It advise about the problems of excessive monetary easing due to the lack of fiscal policies, specially regarding investments in public debt of core European Monetary Union countries and mention the possibility of a bubble. Moreover, it is not only a neo-keynesian reading. It explains how neoclassical economics are more accurate in the long-run. After talking about the effect of the measures implemented in Europe and specially Spain it develops a theory about the wealth of nations for the long term where free markets are the main reason. However, it also tackles the issue of unfair markets and the impact it could have in its economies, like in Latin America. Furthermore, tries to think openly about the future of the Euro and Spain. What measures Spain (and any Southern Europe country) should implement to reduce the unemployment rates. From a serious Economics background, Luke Fog explains the importance of education and research and development, low taxation for exports and other issues to generate long-term growth and wealth. Also talks about the geographical location as a indirect reason for wealth of nations, thinking openly about the wealth in the north of Spain and the south, as in the ex-yugoslavian regions, something that could be also applied to Italy. Finally, explains the importance of achieving the right point between free markets and political intervention, fairness and growth. How free markets tend to increase growth till a point where they can destroy it. However, for Spain it explains that although in Short-term a fiscal stimulus was needed, in the long term there should be lower Political structures, political intervention and taxes. It is a good reading for those interested in Economy from a practical point of view. It also tackles questions as why the unemployment rates are higher in southern Europe than in northern Europe, or why a capitalist economy grows more than a socialist (communist) and the impact of technology and cost of energy on growth.