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The Economics of Monetary Unions - Past Experiences and the Eurozone (Hardcover)
Loot Price: R3,974
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The Economics of Monetary Unions - Past Experiences and the Eurozone (Hardcover)
Series: Routledge Studies in the European Economy
Expected to ship within 12 - 17 working days
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In this book, a historical analysis of the precedents of the euro
is examined within the context of the current issues affecting the
Eurozone and the long-term effects of the institutional changes
implemented since 2010. The book begins by placing the Eurozone
challenges in the historical context of previous monetary unions,
drawing on the experience of the gold standard. It then
specifically focuses on the problems arising from the running of
permanent trade imbalances within the Eurozone. The authors explore
the advantages and disadvantages of being a member of the Eurozone
and attempt to measure the optimality of a currency area by the
calculation of an index on internal macroeconomic asymmetries. They
address the proposals recently made in favour of a fiscal union in
the Euro zone; including the economic and political feasibility of
fiscal transfers in the Eurozone. The final two papers discuss
whether the monetary union is in fact more than just that, and
whether it will lead inevitably to some form of political union if
it is to survive. With chapters by leading experts from both Europe
and the UK, this book will appeal to students in Economics,
Finance, Politics, EU integration and European studies; as well as
academics and professional economists doing research in EU
integration, the Euro zone, monetary history and monetary and
banking unions in Europe, the UK and elsewhere.
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