Trouble with Europe (ePub)

One of The Week's Best Business Books of 2014The European Union was a brilliant stroke of political and economic engineering when it came into its current form, averting major wars and reducing social tensions among member states. But as Europe moves into the second decade of the twenty-first century, problems are multiplyingproblems that arose due to the EU's very existence. In The Trouble with Europe, Roger Bootle, winner of the 2012 Wolfson Economics Prize, tackles the uncomfortable truth that the European Union might be going downand could take the global economy with it.Bootle expertly outlines the factors that gave birth to the European union of the twentieth century, from the collective Euro-spirit that initiated a solution to the region's various problems and the subsequent unforeseen consequences of the compromises nations made in order to create a sustainable organization. Bootle examines how the euro has hindered independent actions of member nations, both economically and politically, before envisaging how a post-EU Europe might come about and how it would affect the United Kingdom, along with other member states and the world at large. Is a full dissolution the only answer or could the United Kingdom's withdrawal be a viable course of action? With EU elections looming in May 2014, The Trouble with Europe is a compelling read for anyone interested in the economic, political, and social future of the United Kingdom and all of Europe.Roger Bootle is an economist and a weekly columnist for the Daily Telegraph. He is currently the managing director of Capital Economics, an independent macroeconomic research consultancy. Bootle is the author of several books, including The Trouble with Markets and Money for Nothing.