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Enlarging the Euro Area - External Empowerment and Domestic Transformation in East Central Europe (Hardcover)
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Enlarging the Euro Area - External Empowerment and Domestic Transformation in East Central Europe (Hardcover)
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This book seeks to offer the first in-depth and systematic analysis
of the challenges of the Euro Area and the eastward enlargement of
the European Union. It focuses in particular on how the prolonged
process of accession to the Euro Area is affecting domestic
economic policies in the accession states of east central Europe.
It contributes to Europeanization studies, comparative political
economy and to studies of Economic and Monetary Union. It also
provides a picture of processes of domestic transformation in such
countries as the three Baltic States, Bulgaria, the Czech Republic,
Hungary, Poland and Romania. The book brings together a range of
recognized experts from across Europe and combines country and
sectoral case studies with a thematic treatment. It begins by
offering an 'outside-in' perspective, which situates the effects of
EMU on the accession states in the wider context of the development
of global economic norms. The second part focuses on an
'inside-out' analysis of how Euro Area accession affects the states
of east central Europe - their policies, politics and public
institutions. The final part assesses how Euro Area accession is
affecting key policy sectors in east central Europe: financial
market regulation, fiscal policies and welfare states and labour
markets.
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