The Economics of Monetary Integration - Couverture rigide

Grauwe, Paul De

Couverture rigide

ISBN 10 : 0198773471 ISBN 13 : 9780198773474

Editeur : Oxford University Press, 1992

Synopsis

This expositive textbook on monetary integration looks at the economic costs and benefits of such a union in Europe. The author examines such topical issues as whether there is a good economic case for countries to have separate currencies, and whether a nation increases its welfare when it abolishes its national currency and adopts a currency of a wider area. These questions lead to others concerning the size of an optimal monetary area - should this include the EC, the whole of Europe or the whole world? The first part of the book focuses on complete monetary unions in which a common currency is substituted for national currencies. The second part looks at incomplete monetary unions in which national monetary authorities maintain their national currencies but agree to fix their exchange rates. This leads to an analysis of the European Monetary System and also examines the issues relating to the transition to a full monetary system.

A propos du livre

Présentation de l'éditeur

Economics of Monetary Union enables students to gain a firm understanding of the theories and policies relating to monetary unions. The author analyses the costs and benefits associated with having one currency, as well as the practical workings and current issues involved with the Euro. Recent global events are addressed in this new edition and coverage of the credit crisis and its implications for the Eurozone has been added. Other changes include further discussion of the world's other monetary unions and more analysis of the increasing role of the Euro as an international currency. The regularity with which this text is updated ensures that it is topical and current which is of great importance to those studying the Economics of Monetary Unions. Online Resource Centre For lecturers: Instructor manual PowerPoint slides For students: Data (new) Questions (new) Links to articles and papers (new)

Biographie de l'auteur

Paul De Grauwe is a Professor in the Department of Economics at the Catholic University of Leuven in Belgium.

Détails de l'édition

• Éditeur: Oxford University Press
• Date d'édition: 1992
• Langue: anglais
• ISBN 10: 0198773471
• ISBN 13: 9780198773474
• Reliure: Relié
• Nombre de pages: 193
• Coordonnées du fabricant: non disponible
• Personne responsable: Messaggerie Libri ; ufficio.anagrafiche@meli.it; ; Via Verdi, 8; Assago Milano; Italie