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Author: Giovanni Moro Publisher: A&C Black ISBN: 1623560950 Category : Political Science Languages : en Pages : 273
Book Description
Established in 2002, the Euro is now the currency of 17 countries used by over 335 million people daily. Although the single currency is much discussed in terms of macroeconomics and global finances, policymakers rarely address its impact on European citizenship in social, cultural, political, and everyday life economics terms. This hidden side of the single currency is the focus of the essays, which use various approaches, from economic history and political sociology to citizenship and legitimacy, to reveal the connections between the Euro and European citizenship. This timely contribution by renowned experts provides a greater understanding of the Euro at a time when it is not clear whether it should be celebrated or commemorated, and looks into aspects of the single currency that are the base of the social trust that supports it and that is at stake in the present crisis. It will be an essential tool to anyone studying the political, social, and economic development of the E.U.
Author: Giovanni Moro Publisher: A&C Black ISBN: 1623560950 Category : Political Science Languages : en Pages : 273
Book Description
Established in 2002, the Euro is now the currency of 17 countries used by over 335 million people daily. Although the single currency is much discussed in terms of macroeconomics and global finances, policymakers rarely address its impact on European citizenship in social, cultural, political, and everyday life economics terms. This hidden side of the single currency is the focus of the essays, which use various approaches, from economic history and political sociology to citizenship and legitimacy, to reveal the connections between the Euro and European citizenship. This timely contribution by renowned experts provides a greater understanding of the Euro at a time when it is not clear whether it should be celebrated or commemorated, and looks into aspects of the single currency that are the base of the social trust that supports it and that is at stake in the present crisis. It will be an essential tool to anyone studying the political, social, and economic development of the E.U.
Author: John Pinder Publisher: Oxford University Press, USA ISBN: 0199681694 Category : Business & Economics Languages : en Pages : 209
Book Description
John Pinder and Simon Usherwood explain the EU in plain readable English. They show how and why it has developed, how the institutions work, and what it does - from the single market to the euro, and from agriculture to the environment.
Author: David Marsh Publisher: Yale University Press ISBN: 0300173903 Category : Business & Economics Languages : en Pages : 632
Book Description
This book is the first comprehensive political and economic account of the birth and development of the Euro. Today the Euro is the supranational currency for sixteen European countries and the world's second-largest reserve currency. David Marsh tells the story of the rivalries, intrigues, and deal making that brought about a currency for Europe, and he analyzes the achievements and shortcomings of its first decade of existence. While the Euro represents a remarkable triumph of political will, great pressures are building on the single currency. Drawing on more than 100 interviews with leading figures associated with the Euro, and scores of secret documents from international archives, Marsh underscores the Euro's importance for the global economy, in particular for U.S. and British economic and political agendas. Hidden facts and fresh insights from The Euro --How the legacy of France and Germany's tortuous relations affects the Euro--Why the United Kingdom is unlikely to accept the Euro before 2025--The impact on the Euro of the U.S. credit crisis--How the Euro has rebounded against the aspirations of its founders--How Italy and Spain have massively lost competitiveness--Why radical changes must be adopted to prevent a European upheaval
Author: Matthias Kammerer Publisher: GRIN Verlag ISBN: 363889908X Category : Business & Economics Languages : en Pages : 14
Book Description
Seminar paper from the year 2005 in the subject Economics - Monetary theory and policy, grade: 1,0, University of Northampton, course: European Policy Issues, language: English, abstract: On 1.January 1999 the European single currency, the Euro, was officially introduced. At that point eleven member states wanted to be a part of this significant leap and fulfilled the necessary criteria determined by the Growth & Stability-Pact (GSP) in 1997. Greece as the twelfth member joined in 2001. On 1.January 2002 the Euro was distributed and became the single currency for the partaking countries. This date marked only the final step in a long history of desire for a fixed exchange rate system and a monetary union within Europe – with a single currency as the summit of this ambition. In this essay I want to analyse if a single currency is a good thing for the EU and what the drawbacks are respectively. Later I will deal with the question if the UK should join the Euro soon – if at all. ...
Author: Alberto Alesina Publisher: University of Chicago Press ISBN: 9780226012834 Category : Business & Economics Languages : en Pages : 476
Book Description
It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number of important issues, including the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and whether the single currency has induced convergence or divergence in the economic performance of member countries. While adoption of the euro may not have met the expectations of its most optimistic proponents, the benefits have been many, and there is reason to believe that the euro is robust enough to survive recent economic shocks. This volume is an essential reference on the first ten years of the euro and the workings of a monetary union.
Author: Ernst Hirsch Ballin Publisher: Springer Nature ISBN: 3030328937 Category : Political Science Languages : en Pages : 192
Book Description
This Open Access book offers a novel view on the benefits of a lasting variation between the member states in the EU. In order to bring together thirty very different European states and their citizens, the EU will have to offer more scope for variation. Unlike the existing differentiation by means of opt-outs and deviations, variation is not a concession intended to resolve impasses in negotiations; it is, rather, a different structuring principle. It takes differences in needs and in democratically supported convictions seriously. A common core remains necessary, specifically concerning the basic principles of democracy, rule of law, fundamental rights and freedoms, and the common market. By taking this approach, the authors remove the pressure to embrace uniformity from the debate about the EU’s future. The book discusses forms of variation that fall both within and outside the current framework of European Union Treaties. The scope for these variations is mapped out in three domains: the internal market; the euro; and asylum, migration and border control.
Author: Veronica Hagenfeldt Publisher: GRIN Verlag ISBN: 364088082X Category : Business & Economics Languages : en Pages : 53
Book Description
Scientific Essay from the year 2009 in the subject Business economics - Economic Policy, University of Edinburgh (School of Law), course: Economics and Policy of European Integration, language: English, abstract: Part I of this paper will illustrate that although the currency union signified the next significant step along the European integration ladder that was built already back in 1958, it must be recognised that the single market is not yet fully established in Europe. Hence the phrasing of the title question suggests the reading of whether or not the single currency is absolutely necessary for the completion of the single market. Part II is dedicated to the central aim of this paper, namely to assess to what extent the common currency furthers, or indeed counteracts, the achievement of the fundamental single market objective. While this essay goes to lengths in highlighting the desirability of the single currency and its many benefits that help further the achievement of the single market, it does however maintain that the currency union is not absolutely necessary for the establishment of the common market. Indeed, as has been noted, "it is possible to have a single market without a single currency". Furthermore, as will be shown in the forthcoming sections of Part II, there are even situations in which the single currency might be harmful to the single market and to the Union. Although the answer to the title question of whether a single currency is really required must necessarily be in the negative since the single market could potentially exist without the euro, this essay will conduct an extensive evaluation of the successes and failures of the euro and the Economic and Monetary Union (EMU) to further the single market objective in order to illustrate that the euro has nonetheless both enabled it to function much more efficiently and helped to bring European economic and political integration to previously unknown levels. In this sense the single market
Author: Serge K. Gunyé Publisher: Nova Publishers ISBN: 9781590339084 Category : Business & Economics Languages : en Pages : 126
Book Description
On 1 January 2001, the Euro became the official, circulating currency of twelve of the fifteen nations of the European Union, replacing such national currencies as the franc, the mark, and the lira. It becomes the currency of just over 300 million people encompassing an economic area with a GDP of USD5.2 trillion. The common currency is a pivotal step in the economic integration of participating European Union member states. A successful European common currency may also provide a challenge to the dollar as the world's reserve currency. The book presents issues and analyses related to this new and powerful currency. Contents: Preface; The Euro; The Euro Currency: How Much Could It Cost the United States?; The Euro: Implications for the United States -- Answers to Key Questions; Tracking of Business Attitudes to the Euro: The First Year After its Launch; The Impact of the Changeover to the Euro on Community Policies, Institutions and Legislation; Index.
Author: Giovanni Moro
Author: Giovanni Moro
Author: John Pinder
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Author: David Marsh
Author: Matthias Kammerer
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Author: Alberto Alesina
Author: Ernst Hirsch Ballin
Author: Veronica Hagenfeldt
Author: Serge K. Gunyé