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My research is still geared towards some of the problems and issues arising from a single currency for multiple countries with independent (of each other) political, fiscal, social etc beliefs. I am focusing on some of the pitfalls of these individual countries and what they may face in the future if (as per my previous claim) there is not a resolution of "All or nothing." In other words will the Euro be able to survive the current situation or will these countries need to band together and essentially form an official single country? Of course the other option is the stronger producing countries, especially Germany, opting out of the Euro/single currency to avoid being responsible for the current bailouts and the inevitable future bailout of trouble economies within the EU.
Some of the material I intend to use is listed below, some from books and others from Google Scholar. Much more to come...
1. this is a very interesting article that directly relates to and addresses some of my questions of the necessity for the European Union countries to unite completely or suffer further losses from the more troublesome countries. It also talks about how the stronger/higher producing EU countries might not like this/agree to it because of the financial burden of having to further carry the risky countries.
--Eichengree, Barry. "Europe's Trojan Horse." http://relooney.fatcow.com/0_New_6768.pdf (accessed Feb, 15 2011)
2. Brown's book further explores the path the EU is on with the Euro and increasingly weakening countries. The author also goes into further detail about what would likely happen to the EU should more defaults come as a result of the extensive bailouts possible needed.
--Brown, Brenden. "Euro Crash: The Implications of Monetary Failure in Europe." Palgrave Mcmillan, 2010
3. Roubin's article on the PIIGS counties is very interesting, he basically covers the troubles that lay ahead with the EU.
--Roubin, Nouriel. "Teaching PIIGS to Fly." http://relooney.fatcow.com/0_New_6765.pdf (accessed Feb 17 2011)
4. There's much reading yet to do with Lynn's book but so far he brings up some good topics about current fiscal problems the EU is facing and some implications for the future of the EU/Euro.
--Lynn, Matthew. "Bust: Greece, the Euro and Sovereign Debt Crisis." John Wiley & Sons Inc. 2011.
2 comments:
Jared,
this is a good start to your annotated bibliography and what I'm looking for, with appropriate changes according to topic, from the class. Obviously, the more you are able to collect, collate, and tie information from the sources together, the stronger the scholarly weave supporting your eventual argumentation. So, keep it coming.
Jared,
if my experience with economists holds in this case, you'll find thinkers all over the map on this issue. If your research is giving you only one side of the argument, be sure to look hard for other sides as well. Your argument is going to be strong only if you've looked at various kinds of ideas.
Keep reading! And keep good notes.
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