© 2018


A Crisis of the Euro Currency


Table of contents

  1. Front Matter
    Pages i-xiv
  2. Roderick Macdonald
    Pages 1-24
  3. Roderick Macdonald
    Pages 25-84
  4. Roderick Macdonald
    Pages 85-146
  5. Roderick Macdonald
    Pages 147-197
  6. Roderick Macdonald
    Pages 199-246
  7. Back Matter
    Pages 269-275

About this book


This book critically analyses the crisis of the euro currency from 2008 to the present. It argues that an understanding of this crisis requires an understanding of financial and economic crises in individual countries participating in the euro. It goes on to describe and explain the crises in four countries – Greece, Ireland, Spain and Italy – showing how they differ and together challenge the euro currency by requiring a varied policy response from Europe. Eurocritical is a guide for scholars, students and practitioners of finance and economics.


Eurozone financial crisis European Union fiscal policy monetary policy monetary union risk management real estate macroeconomics

Authors and affiliations

  1. 1.UQAM - Universite du Québec à MontréalMontreal, QuébecCanada

About the authors

Roderick Macdonald is Professor of Management and Technology at the École des sciences de la gestion, Université du Québec à Montréal, Canada. He has published books and articles on business strategy in new industries, fundamental economic notions used in business and moral analysis in management. His previous book with Palgrave Macmillan is Genesis of the Financial Crisis.

Bibliographic information

Industry Sectors
Finance, Business & Banking


“Roderick Macdonald offers a unique view on the European financial crisis.  Through detailed national case studies, he explains why the crisis unfolded as it did, not just across the Continent, but from one country to the next.  It is essential reading for anyone interested in how far European integration has come, and how far it still has to go.” (Erik Jones, Professor of European Studies and International Political Economy, Director of European and Eurasian Studies, Johns Hopkins University, School of Advanced International Studies, Bologna, Italy)

“Professor Macdonald’s work uses a large data set (based on hard data mining) and includes a wide range of parameters, information and approaches to analyze the structural problems and characteristics of the Greek economy and thus shed light on fundamentals and origins of the crisis, underlying the need to focus on them for the Greek economy to exit from the current difficult situation.” (Christos Triantopoulos, Research Fellow, Centre of Planning and Economic Research (KEPE), Athens, Greece)