Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The 1992 Guide to Preparing for EMU
Author: Economics of Monetary Union
Author: Paul de GrauwePublisher: Oxford University Press
ISBN: 0198805225
Category : Business & Economics
Languages : en
Pages : 301
Book Description
The twelfth edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the costs and benefits of possible exits by its member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis. In Part One the author examines the implications of adopting a common currency, assessing the benefit to each country from being a member of the Eurozone, whilst also questioning whether other parts of the world would gain from monetary unification. Part Two of the book looks at the problems of running a monetary union by analysing Europe's experience and the issues faced by the European Central Bank. The book is accompanied by online resources that feature: For students: - Links to data sources - Essay questions - Web links - Paul De Grauwe on Twitter For Lecturers: - PowerPoint slides - Instructor's manual
Integration and Specialisation
Author: David Jonathan WakefieldPublisher:
ISBN:
Category :
Languages : en
Pages : 41
Book Description
European Monetary Union
Author: Paul J.J. WelfensPublisher: Springer Science & Business Media
ISBN: 364259039X
Category : Business & Economics
Languages : en
Pages : 463
Book Description
Paul J. J. Welfens European monetary union has been discussed for more than three decades and is likely to be realized in 1999. One may anticipate generous interpretations of the fiscal convergence criteria. Such generosity consistent with the Maastricht Treaty might impair the credibility of the ECB and the stability of the Euro, respectively, despite the fact that inflation is a monetary phenomenon and has little to do with government deficits, unless they were financed via the printing press, which is excluded in the Maastricht Treaty. The European Commission's forecast of spring 1997 suggests that Italy will have problems in joining the EMU starter group as the is expected to be 3. 2% in 1997 and even 3. 9% in 1998. A Italian deficitlGDP ratio fully developed EMU group (with all 15 cowltries included) would represent 38% of the OECD GDP, slightly higher than the U. S. with 33% (Japan 21%). The exports/GDP ratio of EU countries is 30%, the ratio with respect to exports outside the EU would be 10% (Japan, U. S. 8%). The share of the U. S. dollar in international currency reserves fell from 67% to 40% in 1995, while the share of European currencies increased from 13% to 37%. Prior to the EMU, market participants have to anticipate whether a transition to 1999 will bring windfall losses or gains in various bond markets.
The Emu
Author: The Future of European Banking
Author: Jean-Pierre DanthinePublisher: Centre for Economic Policy Research
ISBN: 9781898128380
Category : Business & Economics
Languages : en
Pages : 146
Book Description
This report first analyzes what lies behind the historic segmentation of EU financial markets because a clear view about these issues is needed to predict the changes that EMU will bring about. The authors then examine the policy implications of these changes and propose measures to address the problems that may be encountered.
The European Union and the Eurozone under Stress
Author: John TheodorePublisher: Springer
ISBN: 3319522922
Category : Business & Economics
Languages : en
Pages : 256
Book Description
This book explores the political and economic issues currently challenging EU member states affecting both the core Eurozone and non-core states. It analyses and explains how its own economic, and political, relationships have been critically influenced by fierce competition from its rivals in other major global economies, as well as by the systemic weaknesses in the economic and financial model it created. The book provides insight into both the underlying and more immediate economic and social challenges created by: its post-2007 enlargement to 28 countries - excluding the Balkan remnants of former Yugoslavia; the nature of the regulatory regime centralized in Brussels, and the host of issues and critiques this fosters; its ‘open borders’ policy and precious guiding principle, crystallized in the Schengen agreement; security weaknesses exacerbated by increasing volumes of migration; and the ongoing debt crises as the greatest existential challenge to the EU project. Featuring interviews with high profile key players from inside and outside Europe the book will examine new and underlying stresses - political and economic - to guide a greater understanding of the EU plan.
Geopolitical Change, Grand Strategy and European Security
Author: L. SimonPublisher: Springer
ISBN: 1137029137
Category : Political Science
Languages : en
Pages : 415
Book Description
Examining the interplay between geopolitics, the strategic priorities of Europe's most powerful nations, Britain, Germany and France, and the evolution of NATO and CSDP, this book unveils the mechanics of the tension between conflict and cooperation that lies at the heart of European security politics.
The Emerging European Union
Author: Birol YesiladaPublisher: Routledge
ISBN: 1317343395
Category : Political Science
Languages : en
Pages : 361
Book Description
Surveying the European Union's evolution from the Rome Treaty to the present, The Emerging European Union captures the full story of Europe's ongoing integration, its changing identity, and its increasing importance as a global actor in the 21st Century. This text's concise but comprehensive overview of the history, institutions, and policies of the European Union lays out the major elements of the European integration and explain how the European Union functions. Emphasizing competing intergovernmental and supranational forces, The Emerging European Union explains the origins and future of the European Union as well as its political uniqueness.
The Road To Maastricht
Author: Kenneth DysonPublisher: OUP Oxford
ISBN: 0191521191
Category : Political Science
Languages : en
Pages : 881
Book Description
Economic and monetary union in the European Union represents a massive change for Europe and for the world. The Road to Maastricht identifies why the agreement was possible and how the agreement was made. The book examines the motives that inspired European political leaders, the strategies that they pursued, and the institutions that were used to achieve monetary union. Drawing on a wide range of sources and unprecedented research and interviews, the book combines careful political analysis with new information about the way in which European Monetary Union was negotiated. It delves into the complex forces at work in Europe, including the cross-national political interactions, to produce an authoritative account of the boldest and riskiest venture in the history of European integration.