Leading economist Cormac Lucey has written a new book, Plan B: How Leaving the Euro Can Save Ireland, which says that the worst of the economic crisis may not be behind us. It will be published on Wednesday, 2 April.
The book has been described by David McWilliams as ‘possibly the most important book written on the Irish economy in years.’
Plan B explains why the measures currently being taken to combat economic bust are doomed to failure and recommends Eurozone exit and restructuring Ireland’s debt mountains. The author says that Ireland should never have joined the Eurozone, citing it as the pivotal cause of Ireland’s economic bust.
According to Lucey, the current economic plan forces Ireland, and particularly its young people, into a multi-decade depression but his proposals, if embraced, will set Ireland on a path to higher economic growth, lower emigration and a more sustainable future.
Plan B outlines the detailed steps required for leaving the Eurozone and restructure Ireland’s debts, showing that fears of what will happen if Ireland leaves the euro are overstated.
Praise for Plan B:
‘A rare ray of hope. This book is a must read.’ Constantin Gurdgiev
‘A hugely important and challenging contribution to the debate on where next for Ireland.’ Cliff Taylor, The Sunday Business Post.
Plan B: How Leaving the Euro Can Save Ireland will be published by Gill Books on Wednesday, 2 April, priced at €12.99.
For further information please contact Teresa Daly, Communications Manager, Gill Books, 01 500 9521, 086 838 3559, tdaly@gill.ie.
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