Robert C. Feenstra
(University of California, Davis)
Alan M. Taylor
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Coverage of the Eurozone CrisisEssentials of Economics now features a complete chapter on The Euro (Chapter 16), featuring coverage of the dramatic economic developments in the Eurozone since 2010, including:• the Greek debt restructuring• assistance programs in Spain, Ireland and Portugal• the Cyprus banking crisis• Ongoing threats to the currency union project
New Headlines topics, including:• The opening of a Northern Sea route for international trade flow—a faster route made possible by the melting of ice in the Arctic Circle (Ch. 1)• The migration of refugees from Africa to the Italian island of Lampedusa, and the resulting humanitarian crisis (Ch. 5)• Chinese export subsidies for solar panels and subsequent antidumping tariffs in the U.S. (Ch. 8)• Global macro policy issues such as the “currency war” debate (Ch. 14)
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