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Realigning Interests - Crisis and Credibility in European Monetary Integration (Paperback, Softcover reprint of the original 1st ed. 2004) Loot Price: R1,480

Discovery Miles 14 800

Repayment Terms: R139 pm x 12*

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Realigning Interests - Crisis and Credibility in European Monetary Integration (Paperback, Softcover reprint of the original...

Realigning Interests - Crisis and Credibility in European Monetary Integration (Paperback, Softcover reprint of the original 1st ed. 2004)

M Chang

Series: Europe in Transition: The NYU European Studies Series

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Loot Price R1,480 Discovery Miles 14 800 | Repayment Terms: R139 pm x 12*

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Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Series:	Europe in Transition: The NYU European Studies Series
Release date:	July 2004
First published:	2004
Authors:	M Chang
Dimensions:	203 x 127mm (L x W)
Format:	Paperback
Pages:	200
Edition:	Softcover reprint of the original 1st ed. 2004
ISBN-13:	978-1-349-52802-8
Categories:	Books > Business & Economics > Economics > Political economy Books > Reference & Interdisciplinary > Interdisciplinary studies > Cultural studies > General Books > Social sciences > Politics & government > International relations > General Books > Business & Economics > Economics > Macroeconomics > General Promotions
LSN:	1-349-52802-1
Barcode:	9781349528028