The Economics of Monetary Integration by Paul De Grauwe

The Economics of Monetary Integration by Paul De Grauwe

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Summary

This textbook has been fully revised and updated to provide analysis of the costs and benefits of monetary union in Europe. The author has expanded the chapters on the rise and fall of the European Monetary System, and the text and empirical evidence cover the whole of the events of 1993.

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The Economics of Monetary Integration by Paul De Grauwe

This textbook on monetary integration has been fully revised and updated to provide analysis of the costs and benefits of monetary union in Europe. The author has rewritten and expanded the chapters on the rise and fall of the European Monetary System, and the text and empirical evidence cover the whole of the important events of 1993. The author has also presented theoretical arguments which have arisen since the first edition was written. Professor De Grauwe focuses on the economic theory of monetary unions, and analyzes the operation of systems in which national monetary authorities retain their individual currencies but agree to fix their exchange rates. The author examines whether there is a good economic case for countries to have separate currencies, and the economic costs and benefits of moving to a single currency. He provides a summary of the working of this system in Europe, until the events of 1992-3, and offers a critical analysis of the possibility of transition to a full monetary system.
SKU Unavailable
ISBN 13 9780198774228
ISBN 10 0198774222
Title The Economics of Monetary Integration
Author Paul De Grauwe
Condition Unavailable
Binding Type Paperback
Publisher Oxford University Press
Year published 1994-09-01
Number of pages 241
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable