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Europe's Path to Monetary Union

Europe's Path to Monetary Union


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About the Book

The "European Monetary Union" is no doubt the most ambitious project of the European Community, raising a whole array of questions concerning the future of the global financial system. This book, written by an international team of economists and bankers, deals both with key problems of the broad framework that has now been set up and with a range of more specialized aspects of monetary union. The final part looks at the international implications of EMU, providing highly illuminating analyses from the perspective of the major non-European countries. A useful book for economists and all members of the banking world.

Table of Contents:
Introduction, M. Weber; pros and cons of a European monetary union, E.-M. Lipp and H. Reichert; the Delors committee report - starting point for further discussion, G.D. Baer; concepts of a parallel currency - an alternative?, D. Gros; progressive economic policy convergence in the EC - wishful thinking or empirically proven?, W. Schill; the EC - an optimal currency area?, H. Matthes and A. Italianer; the independence of the European Central Bank - dogma or necessity?, A. Woll; convergence in monetary policy - Germany-France as an example, S.C.W. Eyffinger; the ECU - basket currency with no future or germ-cell of a new Euro-currency, G. Bishop; the question of a sustainable policy mix - are adequate rules of fiscal policy indispensible?, D. Duwendag; the goal of a new European monetary union from the banks' point of view, H. Remsperger; the impact of a monetary union on enterprises, H.-P. Frohlich; triumvirate US dollar-yen-Euro-currency? the future of the global monetary system from the European point of view, P. Jacquet; European monetary union and the US dollar, C.R. Henning; prospects for the global monetary system - a Japanese contribution, Y. Suzuki; implications for the financial centre Switzerland, H.J. Barth; the project of a European monetary union from the Austrian point of view, K. Socher; the European monetary union - a contribution from the point of view of the reforming economies in Central and Eastern Europe, J. Tosovsky; outlook - what follows on from stage 1, M. Weber.


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Product Details
  • ISBN-13: 9780854968237
  • Publisher: Bloomsbury Publishing PLC
  • Publisher Imprint: Berg Publishers
  • ISBN-10: 0854968237
  • Publisher Date: 31 Dec 1994
  • Binding: Hardback


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