Monetary Integration In Europe

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ISBN:9780230018884
Editorial: Palgrave
Fecha de la edición:2007
Encuadernación:Tapa dura
Dimensiones: 14 cm x 22 cm
Nº Pág.:232
Idiomas:Ingles,Inglés

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/ Unión Europea

The European Economic and Monetary Union comprises twelve member states and forms a currency area of considerable size and, until now, remarkable stability. Still, however, discussion is going on whether it can survive as an institution providing the highest degree of monetary integration which is a single monetary policy for a group of member countries with divergent economic performance. It is also questioned whether it can withstand financial crises in international markets and contribute to the stability of the global financial system. The book addresses these questions with special emphasis on the need for new forms of economic policy coordination.

he History of Monetary Integration in Europe
Theory of Optimum Currency Areas
The Economic and Monetary Union: Institutions and Credibility
The Monetary Policy Strategy of EMU
Fiscal Policy Coordination and the Stability and Growth Pact
The New European Monetary System
Real Convergence in a Monetary Union