It is rare for countries to give up their currencies and thus their
ability to influence such critical aspects of their economies as
interest and exchange rates. Yet ten years ago a number of European
countries did exactly that when they adopted the euro. Despite some
dissent, there were a number of arguments in favor of the euro: it
would facilitate exchange of goods, money, and people by decreasing
costs; it would increase trade; and, it would enhance efficiency
and competitiveness at the international level. A decade is an
ideal time frame to evaluate the success of the euro and whether it
has lived up to expectations. To that end, "Europe and the Euro"
looks at a number of important issues, including the effects of the
euro on reform of goods and labor markets; its influence on
business cycles and trade among members; and, whether the single
currency has induced convergence or divergence in the economic
performance of member countries. While adoption of the euro may not
have met with the expectations of optimists, the benefits have been
many, and there is reason to believe that the euro is robust enough
to survive recent economic shocks. This volume is an essential
reference on both the first ten years of the euro and the workings
of a monetary union.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
