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Books > Business & Economics > Economics > International economics > International finance
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Euro on Trial - To Reform or Split Up? (Hardcover, 2004 ed.)
Loot Price: R2,947
Discovery Miles 29 470
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Euro on Trial - To Reform or Split Up? (Hardcover, 2004 ed.)
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"Euro on Trial looks back - to the aspirations of the founders -
and forward - to the possibility of reform or splitting up. After
five years of experience with the new currency, new insights are
possible into the old arguments for and against union. Monetary
union is reversible in part or in whole and this book assesses the
costs and benefits. Brown examines several mainstream scenarios for
the future of the euro in these essential readings for market
practitioners as well as academics. For example, how long will the
euro survive? The author shows that the answer depends principally
on Germany. Any of the small or medium-sized economies could leave
monetary union without threatening its existence. But were Germany
to pull out it is highly doubtful whether there would be a core of
countries that would perserve inside. Germany's membership so far
has brought much disappointment. How many more years of disillusion
are required before the question of EMU reform or break-up enters
the mainstream of German political debate?
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