Articles liés à The Economics of Monetary Integration

The Economics of Monetary Integration - Couverture souple

Grauwe, Paul De

 
9780198774228: The Economics of Monetary Integration

Synopsis

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.

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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.

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