Has the European Experiment Failed?

Niall Ferguson

Language: English

Published: Oct 18, 2012

Description:

In the sweep of human history, the European Union stands out as one of humankind's most ambitious endeavours. It encompasses half a billion people, twenty-seven member states, twenty-three languages, and an economy valued at over $15 trillion. Modern Europe's stunning achievements aside, its sovereign debt crisis has shaken the world's largest political and economic union to its core. Can the federal institutions and shared values of Europeans meet the challenges of debt crisis that are as much political as economic? Or, are Europe's current woes indicative of a series of deep structural faults that foreshadow the breakup and failure of the European Union?

In this edition of the Munk Debates — Canada's premier international debate series — former EU Commissioner Lord Peter Mandelson and EU parliament co-president of the Greens/European Free Alliance Group Daniel Cohn-Bendit, German publisher-editor and author Josef Joffe...