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Currency Crises, Monetary Union and the Conduct of Monetary Policy - A Debate Among Leading Economists (Hardcover)
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Currency Crises, Monetary Union and the Conduct of Monetary Policy - A Debate Among Leading Economists (Hardcover)
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Currency Crises, Monetary Union and the Conduct of Monetary Policy
is a book of debate and analysis by some of the world's most
eminent economists, on problems relating to the international
monetary system, economic growth and monetary policy.This highly
readable book features contributions from illustrious scholars
including four Nobel laureates in economics - Milton Friedman,
Franco Modigliani, Paul A. Samuelson and James Tobin. They hold a
lively discussion on the impact of monetary policy on economic
growth, unemployment and inflation, in both developing and
developed countries. The authors also examine the effects of
European Monetary Union on the international monetary system and
whether this union will survive to include more than just a few
founding countries. In addition, the assembled experts investigate
the conditions that lead to currency crises in developing countries
and propose policies that can be used to combat such crises. This
impressive volume is a lightly-edited chronicle of a vigorous
debate among leading economists, and contains an introduction that
puts the discussions in context. This accessible and
thought-provoking volume will be of interest to specialists in
international monetary economics, and to undergraduate and graduate
students, and members of the general public who seek a clearer
understanding of current economic issues and solutions to economic
problems.
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