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Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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The Economic and Business Consequences of the EMU - A Challenge for Governments, Financial Institutions and Firms (Hardcover, 2000 ed.)
Loot Price: R4,609
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The Economic and Business Consequences of the EMU - A Challenge for Governments, Financial Institutions and Firms (Hardcover, 2000 ed.)
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The European Monetary Union (EMU) got under way on 1 January 1999.
Since then 11 European countries share a common currency, the Euro,
and pursue a common monetary policy managed by the European Central
Bank (ECB). After forty years of economic integration, Europe has
the wherewithal with which to enter the 21st century. However
monetary union has implications for nearly all areas of economic
activity and decision-making. Throughout the academic world
researchers are fully occupied with the theoretical analysis of the
impact of the Euro and the effects of incorporating the new
operational framework into their economic models. Businesses and
government departments are concerned primarily with the practical
implementation of the single currency. For all those who play a
part in the economy, it is a question of making the most of the
macro and microeconomic opportunities offered by the Euro and
minimizing any threats. The Economic and Business Consequences of
the EMU describes the economic consequences of the introduction of
the EMU and the Euro for governments, financial institutions and
firms. The volume, s aims are threefold: To make a first assessment
after about a year=s experience with Economic and Monetary Union;
To examine the impact of EMU and the introduction of the Euro in
various areas of economic policy, involving both government and the
corporate sector including the banking industry; To provide an
insight into the challenges that the Euro offers for the coming
years with respect both to macro-economic policy and the
development of the financial markets and with respect to business
management.
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