EuroTragedy - A Drama in Nine Acts Mody Ashoka Charles and Marie Robertson Visiting Professor in International Economy Policy Woodrow Wilson School Princeton University; Former Deputy Director of

Blending economic analysis with political drama, EuroTragedy -chosen by both Foreign Affairs and The Financial Times as one of the best books of 2018-is a groundbreaking account of the euro's history and tragic consequences. Drawing on his frontline experience as an official with the IMF, Mody situates the tragedy in a fast-paced global context and guides the reader through the forced-and unforced-errors Eurozone authorities committed during their long financial crisis. In this vivid and compelling chronicle, Ashoka Mody describes how the euro improbably emerged through a narrow historical window as a flawed compromise wrapped in a false pro-European rhetoric of peace and unity.

It weakened the growth potential of member states, which made financially vulnerable The decision to switch from national currencies to the euro unfolded as both economic and political tragedy.