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Economics of Monetary Union By Paul de Grauwe

Economics of Monetary Union
by Paul de Grauwe

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Provides an analysis of the theories and policies relating to monetary union. This book analyses the costs and benefits associated with having one currency as well as the practical workings and issues involved with the Euro. It considers the implications of joining a monetary union through discussion based on an economic cost-benefit analysis.
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Economics of Monetary Union Summary


Economics of Monetary Union by Paul de Grauwe

The seventh edition of 'Economics of Monetary Union' provides a concise analysis of the theories and policies relating to monetary union. De Grauwe analyses the costs and benefits associated with having one currency as well as the practical workings and current issues involved with the Euro. In the first part of the book the author considers the implications of joining a monetary union through discussion based on an economic cost-benefit analysis. The second part of the book looks at the reality of monetary unions by analysing Europe's experiences, such as how the European Central Bank was designed to conduct a single monetary policy. The seventh edition has been revised to include more discussion of monetary unions outside Europe and, to reflect this fast-moving area, updated coverage of new member states in transition and an updated discussion of the stability pact. Online Resource Centre An online resource centre, featuring supplements for lecturers including PowerPoint slides and an instructor manual, has been updated for this edition.

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About Paul de Grauwe



Paul de Grauwe is Professor of Economics at the Catholic University of Leuven, Belgium.

Table of Contents


COSTS AND BENEFITS OF MONETARY UNION; 1. The Costs of a Common Currency; 2. The Theory of Optimum Currency Areas: A Critique; 3. The Benefits of a Common Currency; 4. Costs and Benefits Compared; 5. Optimal Currency Areas Case Studies: Is the Enlarged European Union an Optimal Currency Area? Is Latin America an Optimal Currency Area?; MONETARY UNION; 6. Incomplete Monetary Unions: The European Monetary System, Dollarization; 7. The Transition to a Monetary Union: Problems of Transition in Central Europe, Problems of Transition of the UK; 8. The European Central Bank; 9. Monetary Policy in Euroland; 10. Fiscal Policies in Monetary Unions; 11. The Euro and Financial Markets

Additional information

GOR003345651
Economics of Monetary Union by Paul de Grauwe
Paul de Grauwe
Used - Very Good
Paperback
Oxford University Press
2007-05-17
292
0199297800
9780199297801
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.