Why the West is in Economic Black Hole: Some Micro Follies

We are seeing some strange things happening in Europe. This continent of rich developed countries is going through a financial and economic crisis that resists attempts to turn it around and recover. Several countries of Europe are actually going bankrupt. Greece is bankrupt. Now Spain is practically in recession. Reports indicate that Portugal and Italy are also in deep financial trouble. Even the UK and France are in trouble. Where did they go wrong? It is important to know the reasons for their decline because we who are fond of copying the Europeans might be going the same way. This small treatise is all about the reasons: Why the European economies are going bankrupts. Those who are interested to know all about, this is the right book which they want.

Autorentext

Mohammad A. Ashraf, Assistant Professor, United International University (UIU), Bangladesh: Received B.Sc. (Hons.) in Agricultural Economics, Bangladesh Agricultural University (BAU) and M.A. in Economics, University of Ottawa (uOttawa), Canada. Presently, a Doctoral Research Scholar, Northern University of Malaysia (UUM).