European Monetary Union and Exchange Rate Dynamics

European Monetary Union and Exchange Rate Dynamics PDF Author: Paul J.J. Welfens
Publisher: Springer Science & Business Media
ISBN: 3642569137
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic policy. This book looks into issues of monetary and factor market policies. The analysis presents new theoretical and empirical research on the current decline of the Euro. Issues regarding exchange rate policies and international economic relations are also addressed.

European Monetary Union and Exchange Rate Dynamics

European Monetary Union and Exchange Rate Dynamics PDF Author: Paul J.J. Welfens
Publisher: Springer Science & Business Media
ISBN: 3642569137
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic policy. This book looks into issues of monetary and factor market policies. The analysis presents new theoretical and empirical research on the current decline of the Euro. Issues regarding exchange rate policies and international economic relations are also addressed.

Current Accounts in a Currency Union

Current Accounts in a Currency Union PDF Author: Mr.Emil Stavrev
Publisher: International Monetary Fund
ISBN: 1451872747
Category : Business & Economics
Languages : en
Pages : 25

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Book Description
A fear about EMU was that in the absence of national currencies, country-specific shocks would result in greater current account divergences between member states. This paper finds that divergences across euro-area countries are smaller and have not risen relative to those across 13 other advanced economies with more flexible exchange rates. Also, the size of country-specific current account shocks in EMU countries is smaller and their persistence is greater than in the other advanced economies. However, these differences in current account dynamics do not appear related to different exchange rate dynamics.

Monetary Union, Employment and Growth

Monetary Union, Employment and Growth PDF Author: Pier Carlo Padoan
Publisher: Edward Elgar Publishing
ISBN: 9781782544036
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
'Monetary Union, Employment and Growth provides a thorough and well-developed analysis of the macroeconomic and microeconomic implications of the single currency.' - Terrence Casey, Journal of European Area Studies 'This book offers an in-depth discussion of two highly topical European issues - the single currency and unemployment - making it suitable for professional economists and post-graduate students in economics, international relations and European studies.' - European Access There exists a twofold relationship between the factors affecting adoption of a single currency in Europe, employment, and growth. On one hand, the operation of the euro will be hindered if rigidities in labour and product markets persist - hence low employment and slow growth may be a cause of poor performance of the single currency. On the other hand, the functioning of the euro will affect future patterns of European employment. Pier Carlo Padoan and his distinguished group of contributing authors go beyond the common European-based debates to consider the impact of the euro as a global currency on the evolution of European labour, product, and regional markets.

European Monetary Integration

European Monetary Integration PDF Author: Daniel Gros
Publisher: Longman Publishing Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 592

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Book Description
This text provides an unrivalled account of the history, theory and practice of monetary integration in Europe.

The European Monetary System And European Monetary Union

The European Monetary System And European Monetary Union PDF Author: Michele Fratianni
Publisher: Routledge
ISBN: 1000301117
Category : Political Science
Languages : en
Pages : 248

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Book Description
When the European Monetary System (EMS) was created in 1978, economists on both sides of the Atlantic predicted its early failure. Today, EMS is alive and well, continuing to defy conventional economic wisdom. The authors address three major questions about the European Monetary System (EMS): how it came into being, how it works and how it may evolve into a fully-fledged monetary union.

The European Monetary Union

The European Monetary Union PDF Author: Nicola Acocella
Publisher: Cambridge University Press
ISBN: 1108896987
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
The European Union is at a crossroads. This book analyzes the historical roots of the EU's monetary and financial institutions in order to better understand its struggle to maintain an economic and monetary union, as well as the ongoing problems facing the Euro. The institutions of the EU are based on the operation of free markets, a common monetary policy, and the European Central Bank. These founding policies have created many of the imbalances at the root of the ongoing European recession. Reemerging threats of populism and localism are poised to further disintegrate the European construction and may spark fierce opposition between countries. Acocella engages with these risks, suggesting detailed actions for reform within the EU and its institutions that may steer it away from further conflict, allowing it to better serve its member states and citizens.

The Periphery of the Euro

The Periphery of the Euro PDF Author: Philippe De Lombaerde
Publisher: Routledge
ISBN: 1351145878
Category : Business & Economics
Languages : en
Pages : 389

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Book Description
This book analyzes the monetary and exchange rate policies in Eastern European countries not covered by the current EU enlargement process. Specifically the book examines the major CIS countries: Belarus, Kazakhstan, Russia and the Ukraine. (The new Eastern European EU members are also frequently referenced for comparison purposes.) Current and prospective monetary policy options are considered and the applicability of the EU monetary integration experience for the CIS countries and the prospects of a monetary re-unification around the Russian Federation are assessed. This is the first book to formally deal with many of these questions.

The Political Economy Of European Monetary Unification

The Political Economy Of European Monetary Unification PDF Author: Barry Eichengreen
Publisher: Routledge
ISBN: 0429974000
Category : Political Science
Languages : en
Pages : 208

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Book Description
The first edition of this book was published in 1994, as the future of monetary unification in Europe was very much in doubt. With Economic and Monetary Union now in place, it is appropriate to bring the scholarship on the topic up to date for the students of international political economics. To this effect, essayists Jeffry Frieden, Geoffrey Garrett, Lisa L. Martin, Benjamin J. Cohen revised four of the original chapters to reflect new conditions. Editors, Barry Eichengreen and Frieden completely rewrote the introductory essay. Three new chapters by Matthew Gabel, Charles Engel, and Paul De Grauwe et al cover public support for EMU, local currency pricing, and whether Europe is now better off? The updated volume's purpose remains that of bringing the latest in scholarship in Economics and Political Science to bear on the European monetary integration

Aspects of European Monetary Integration

Aspects of European Monetary Integration PDF Author: A. Watson
Publisher: Springer
ISBN: 023037431X
Category : Political Science
Languages : en
Pages : 226

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Book Description
This book provides a thorough knowledge of the nature of the convergence criteria which states must meet in order to qualify for accession to the future Economic and Monetary Union of Europe and comprehensive coverage of both the economic and political rationale of the criteria within the framework of an international political economy approach. Thus, throughout the course of the analysis, three questions in particular are addressed: first, what is the relationship between the economics and politics of the convergence criteria; second, how do domestic and international factors impact upon their future realisation; and third what, overall, is the role of the state. This book gives valuable insights into the Economic and Monetary Union debate.

Choice in European Monetary Union

Choice in European Monetary Union PDF Author: Roland Vaubel
Publisher: Wincott Foundation
ISBN:
Category : Business & Economics
Languages : en
Pages : 42

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Book Description